Axis Direct Charges – Find Brokerage Charges, Account Opening Charges and more

In this article you will find every details regarding Axis direct charges. We will do detailed review of Axis Direct Brokerage charges, their account processing charges, transaction charges on asset classes and various other charges that set by the government.

So, let’s review the charges tables and their details.


Axis Direct Brokerage Charges

Find the details related to Axis direct brokerage charges:

Brokerage Charges of 2019
Equity Delivery 0.50%
Equity Intraday 0.05%
Equity Futures 0.05%
Equity Options Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Commodity NA
Flat Monthly Fees, if any NA

Axis direct sets brokerage charges for equity delivery as 0.50%, for equity Intraday, equity futures and currency futures are 0.05% respectively and for equity options and currency options are Intraday Rs. 0.01, carry forward: Rs. 10 per lot.


Axis Direct Special Brokerage Plans

Here are the special brokerage plans for Axis Direct.

SPECIAL PLANS
Plan: AxisDirect Brokerage Plan [Investment Plus Plan]
Segment Brokerage Fee
Flat Monthly Fee Rs 1500 for 6 Months
Equity Delivery 0.50%
Equity Intraday 0.05%
Equity Futures 0.05%
Equity Options Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Currency Futures 0.05%
Currency Options Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Commodity
Plan: AxisDirect Brokerage Plan – Now or Never Plan
Segment Brokerage Fee
Flat Monthly Fee Rs 5555 for 10 years
Equity Delivery 0.25%
Equity Intraday 0.03%
Equity Futures 0.03%
Equity Options Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Currency Futures 0.03%
Currency Options Intraday Rs 0.01, Carry Forward: Rs 10 per lot
Commodity

There are two special plans are set by the Axis direct brokerage. The first one is investment plus brokerage plan and the second one is now or never brokerage plans.

The monthly brokerage fee of first plan is Rs. 1500 for 6 months, whereas monthly fee for second plan is Rs. 5555 for 10 years.

In the first plan, the brokerage charges for equity delivery, equity Intraday, equity futures and currency futures are 0.05% respectively.

Whereas in the second plan the brokerage charges for  equity Intraday, equity futures and currency futures are 0.03% and for equity delivery is 0,25% respectively.

The brokerage charges for equity options and currency options in both plans are same that are Intraday Rs. 0.01, carry forward Rs. 10 per lot.


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Axis Direct Account Opening Charges

Find below the detailed table of Axis direct account opening charges:

Account Opening Charges of 2019
Account Processing Charges Nil
Trading Account Opening Charges [One Time] Rs 999
Trading AMC [Yearly] Rs 0
Demat Account Opening Charges [One Time] Rs 0
Demat AMC [Yearly] Rs 650
Margin Money Rs.5000

Axis direct securities is not taking any charges for account processing, and demat account opening. All they require from their clients are Rs.999 as a trading account opening charges and Rs.650 as a demat account annual maintenance charges.

The margin money set by the Axis direct are Rs.5000 only.


Axis Direct Securities Transaction Charges

Get the detailed of transaction charges levied by Axis direct:

Transaction Charges 2019
Equity Delivery 0.00325%
Equity Intraday 0.00325%
Equity Futures 0.00190%
Equity Options 0.05000%
Currency Futures 0.00190%
Currency Options 0.05000%
Commodity NA

Axis direct securities levied transaction charges for equity delivery and equity intraday are 0.00315% an for equity futures and currency futures are 0.00190% and for equity futures and currency futures are 0.05000% respectively.


Axis Direct Securities Other Other Charges

Get detailed table of Axis direct securities other charges:

Other Charges 2019
SEBI Turnover Charges 0.0002% of Total Turnover
STT 0.0126% of Total Turnover
Stamp Duty 0.002% – 0.004% – Depends on State
GST 18% of (Brokerage + Transaction Charges)
Margin Funding Charges 18% + GST
Reactivation Charges Rs.75 per Segment
Account Closure Charges Rs.60 per Segment
Dematerialisation Charges Rs.25

Axis direct securities levied SEBI turnover charges that is 0.0002% of total turnover and STT which apply on both buy and sell sides are 0.0126% of total turnover.

The stamp duty charges that set by state governments are lies betweeb 0.002%- 0.004% respectively. The GST charge is 18% of ( brokerage+ transaction charges). Axis direct sets the margin funding charges that are 18%+ GST.

The account closure charges levied by the Axis direct are Rs. 60 segment and reactivation charges Rs. 75 per segment. The dematerilsation charges are Rs. 25 only.


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