IPFT charges

Fri, 19 Jun 2026 00:00:00 +0000

Overview

The Investor Protection Fund Trust (IPFT) is a trust set up by the National Stock Exchange to compensate investors when a trading member defaults and the defaulting member’s own assets fall short of admitted claims. The IPFT charge is a per-turnover levy that NSE collects through brokers such as Zerodha and routes to the fund. On NSE equity and futures it runs to Rs 0.01 per crore of turnover plus 18 per cent GST (Zerodha IPFT charges support note, as of 19 June 2026). It is the smallest single item on a contract note, smaller than brokerage, STT, the exchange transaction charges and the SEBI turnover fee .

Statutory charges on trading in India

Fri, 19 Jun 2026 00:00:00 +0000

Overview

When a trader in India places an order, the contract note shows several charges beyond the broker’s own brokerage. These are statutory charges and exchange charges: levies imposed by the central government, the state government, the market regulator, and the exchanges, which the broker collects and remits but does not set or keep. A Zerodha client, for instance, pays zero brokerage on equity delivery yet still pays STT , stamp duty, the SEBI fee and GST on every applicable trade.

Transaction Charges on WebNotes

IPFT charges

Overview

Statutory charges on trading in India

Overview