brokerage calculator for ICICIDirect

#1
Hi,
Anyone has a good calculator for brokerage calculation for ICICIDirect? I have gone through the details on the ICICIDirect site but not clear about the brokerage calculations like if the brokerage is applied only during buying the shares and not while selling etc etc. Also the calculations they have shown are for very high investors. I am a new investor and just started the trading using ICICI direct. Hence I am looking for an excel sheet kind of thing which can calculate the brokerage considering all the factors.
Please let me know if this is the correct forum or I should direct this Q to any other forun.
 

novice1

Active Member
#3
Ammul

Can you please use rapidshare to upload the excel file and post the url here so that we can download it, since email ids are banned here we would not be able to write to you.

Thanks in advance
 
#4
The simple thing is multiply the trade value with 0.9678/100. It inlcludes Brokerage (ICICI), Service Tax and STT.

Say, you purchased X shares of 100@50. So, the total is 5000.

Brokerage and all = 5000x0.9678/100 = 48.39

Cheers!
Sridhar
 
#5
ICICI Trading Charges
CASH TRADING
BUY
------Number of Shares.....50
------Sell Buy Price..........647
------Total Value............32352
------Brokerage..............313...............STT(40.44 ) Transaction & SEBI Turnover charges(1.13) Stamp Duty(3.24) Brokerage + Service Tax(267.64)
------Brokerage %..........0.96748269
SELL
------Number of Shares.....50
------Sell Buy Price..........668
------Total Value.............33400
------Brokerage...............323...............STT(41.7 5) Transaction & SEBI Turnover charges(1.20) Stamp Duty(3.34) Brokerage + Service Tax(276.30)
------Brokerage %...........0.967065868

Total Brokerage = 1.934548559 (2 Rs per 100, 2000 per 1 lakh Rs)

MARGIN (INTRADAY) TRADING
BUY
------Number of Shares.....100
------Sell Buy Price..........698.6
------Total Value............69860
------Brokerage..............43...............STT(0) Transaction & SEBI Turnover charges(2.45) Stamp Duty(1.40) Brokerage + Service Tax(38.53)
------Brokerage %..........0.061551675
SELL
------Number of Shares.....100
------Sell Buy Price..........700
------Total Value.............70000
------Brokerage...............60...............STT(17.50 ) Transaction & SEBI Turnover charges(2.45) Stamp Duty(1.40) Brokerage + Service Tax(38.61)
------Brokerage %...........0.085714286

Total Brokerage = 0.14726596 (15 Paise per 100 Rs)

http://www.icicidirect.com/brokerage.asp
 

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