Karuna Finance Charges – Find Brokerage Charges, Account Opening Charges and more
Last Updated Date: Nov 17, 2022The aim of writing this article is to deliver the information to the traders about Karuna Finance Charges, its Demat charges, transaction charges, Karuna Finance Brokerage Charges & more.
Karuna Finance is the leading full-service stock broking company established in the year 1995 in the city of Kolkata, West Bengal. The company assures to provide a safe and convenient alternative of holding securities in an electronic form instead of physical form.
Karuna Finance Brokerage Charges
Take a look at the table to have a proportionate idea of Karuna Finance Brokerage charges.
| Equity Delivery | 0.36% |
| Equity Intraday | 0.04% |
| Equity Futures | 0.04% |
| Equity Options | Rs.36 per Lot |
| Currency Futures | 0.04% |
| Currency Options | Rs.36 per Lot |
| Commodity | 0.04% |
| Flat Monthly Fees, if any | NA |
There are some mandatory charges which cannot be denied by the investors or traders to pay.
It doesn’t matter which broking company you choose to initiate your trade but, you are obliged to pay all the charges asked by the respective brokerage companies.
Among that, one of the charges is Karuna Finance brokerage charges which the invertors or traders have to pay for taking brokerage service. Here you will find the brief detail about the Karuna Finance brokerage charges for distinct trading segments.
0.04%of the total trade value will be imposed on Equity Intraday Trading, Equity Futures Trading, and Currency Futures Trading. 0.36% of total trade value will be imposed on Equity Delivery Trading.
Rs.36 per Lot will be imposed on Equity Options Trading and Rs.19 per Lot will be imposed on Currency Options Trading.
Minimum Rs.7000 is necessary for the customers of Karuna Finance to maintain as margin money. The customers of Karuna Finance cannot proceed with commodity trading with them. The customers of Karuna Finance are also obliged to pay account maintenance charges to the company.
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Karuna Finance Account Opening Charges
Relating to demat and trading account holding, here are the Karuna Finance Account Opening charges you are obligated to pay.
| Trading Account Opening Charges [One Time] | Rs.254 |
| Trading AMC [Yearly] | Rs.150 per Annum |
| Demat Account Opening Charges [One Time] | Free |
| Demat AMC [Yearly] | Rs.360 per Annum |
| Margin Money | Minimum Rs.7,000 |
| Brokerage Calculator | Karuna Finance Brokerage Calculator |
| Margin Calculator | Karuna Finance Margin Calculator |
Trading always involves some cost. For trading on equity, commodity or currency it is necessary for the customers to open their Demat and trading account with any of the renowned stock broking companies.
The customers of Karuna Finance are not obliged to pay any cost for opening their Demat and Trading account. The Karuna Finance demat charges are free.
The Karuna Finance trading account charge (AMC) Rs.150 per Annum and Demat account annual maintenance charge (AMC) are Rs.360 per Annum.
These Karuna Finance AMC are asked by the customers to pay only once in a year. The customers of Karuna Finance are obliged to maintain the minimum margin money of Rs.7,000 with the company.
So these were the details of the Karuna Finance account opening charges and maintenance charges which are foremost charges to be paid.
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Karuna Finance Transaction Charges
Here we display the figures which are related to the Karuna Finance Transaction Charges.
| Transaction Charges 2019 | 0.00312% |
| Equity Delivery | 0.00312% |
| Equity Intraday | 0.00312% |
| Equity Futures | 0.00312% |
| Equity Options | 0.00312% |
| Currency Futures | 0.00312% |
| Currency Options | 0.00312% |
| Commodity | 0.00312% |
Transaction charges are primarily the charges imposed by the stock exchanges on the broking company. But the transaction fee is eventually paid by the clients of the broking company. These are the charges imposed for each trade executed with the stock exchange.
This transaction fee is a percentage of the value of the trader’s total transaction value. It is similar for all the trading segment bets clients choose to trade. Karuna Finance charges for all the trading segments are 0.00312% of the total transaction value.
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Karuna Finance Other Charges
Let us wind up the article with the final set of Karuna Finance Charges.
| 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.55 per Segment |
| Account Closure Charges | Rs.50 per Segment |
| Dematerialisation Charges | Rs.44 |
Karuna Finance other charges are the charges levied by the governments for the service provided. These are been paid by the broking company to the government on behalf of their clients. The list of the Karuna Finance other charges are:
SEBI Turnover Charges – These are the charges levied by the stock exchanges. It is a total exchange transaction charges + Clearing charges. The Karuna Finance SEBI Turnover Charges 0.0002% of Total Turnover value.
The STT charges of Karuna Finance are 0.0126% of Total Turnover. It is charged on both the sell-side and buys side while trading any of the trading segments.
Stamp duty is marginal and it depends on state to state. GST charges are levies by the governments for every transaction made with the stock exchange. Karuna Finance GST charges are 18% of (Brokerage + Transaction Charges)
Reactivation Charges and Dematerialization Charges are Rs.50 per Segment and Rs.35 respectively.
Karuna Finance Charges – Conclusion
Karuna Finance is renowned among all the financial stock broking companies of India. The Company was founded in the year 1995. The company retains competitive brokerage charges and assures to offer full value to their clients.
The wide knowledge of the stock market helps the company experts to guide their clients. Along with the brokerage charges, Karuna Finance Demat charges are also minimum.
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