How to use Upstox Brokerage Calculator?

Stock market investments have become quite popular. People are starting to prefer it over traditional investment instruments like Fixed Deposits (FDs). 42.3 lakh new Demat accounts were opened in India in August 2024, bringing the total to 17.11 crore. This is proof that people have embraced investing.

Before you jump into the stock market, it is important to know that investing comes with a cost- brokerage costs. Wondering how these costs are calculated? You can just use a tool for that. Here is one such tool: Upstox Brokerage Calculator!

Table of Content

1. Upstox Investment Offerings
2. Upstox Charges
3. Upstox Brokerage Calculator for Intraday
4. Upstox Brokerage Calculator for Delivery
5. Upstox Brokerage Calculator for Futures
6. Upstox Brokerage Calculator for Options

Upstox was licensed to trade in 2010. Today, it is one of the top discount brokers in India. It offers a varied range of financial services, such as stock trading, mutual funds, IPOs, commodities, and currencies. It has two different modes for investors and traders (Upstox and Upstox Pro). Since its launch, it has shown speedy growth, reaching a valuation of around ₹26,061 crore in 2021. It is popular for being a user-friendly platform with advanced trading tools. 

Before you choose Upstox as your broker, it is important to understand its brokerage charges and calculations. So, let's get started!

Upstox Investment Offerings

It offers a varied range of financial products and services:

1. Stocks
2. Mutual Funds
3. IPOs
4. Sovereign Gold Bonds
5. Futures & Options
6. Commodities
7. Currencies

Upstox Charges

Upstox Account Opening Charges

₹0

Upstox AMC Charges

₹0*

*Users onboarded before August 2021 might be charged a quarterly AMC of ₹75 + 18% GST or an annual AMC of ₹150 + 18% GST

Upstox Brokerage Charges

Category	Charges
Upstox Equity Delivery Charges	₹20 or 2.5%, whichever is lower, on Equity Delivery
Upstox Intraday Charges	₹20 per executed order or 0.05% (whichever is lower)
Upstox F&O charges	Futures: ₹20 per order or 0.05% Options: Flat ₹20 per order
Upstox Currency Charges	Futures: ₹20 per order or 0.05% Options: Flat ₹20 per order
Upstox Commodity Charges	Futures: ₹20 per order or 0.05% Options: Flat ₹20 per order

Upstox Brokerage Calculator

Here are some examples to help you understand the calculator better:

1. For Intraday

A breakdown of what Upstox charges as a brokerage for intraday transactions:  

Category	Charges
Brokerage Charges	₹40.00
STT/CTT	₹190.63
Transaction Charges	₹52.43
DP Charges	₹0.00
Stamp Duty	₹22.72
SEBI Turnover Fees	₹1.52
GST	₹16.91
Total Taxes & Charges	₹324.21
Net Buy Value	₹7,57,250
Net Sell Value	₹7,62,500
Points to Breakeven	₹1.30
Net P&L	₹4,925.79

Let's understand these charges in a little more detail with an example:

• Order Type: Intraday
• Exchange: BSE
• Quantity: 250 shares
• Buy Price: ₹3,029
• Sell Price: ₹3,050

Calculating Net Buy Value: Quantity × Buy Price
➡️250 × ₹3,029 = ₹7,57,250

Calculating Net Sell Value: Quantity × Sell Price
➡️250 × ₹3,050 = ₹7,62,500

Net Buy Value + Net Sale Value = Total Turnover
= ₹7,57,250 + ₹7,62,500 = ₹15,19,750

1. Brokerage Charges: Fixed at ₹40 for intraday trades 

2. STT/CTT (Securities Transaction Tax): 0.025% of the sell value: 0.025% × ₹7,62,500 = ₹190.63

3. Transaction Charges: 0.00322% of the total turnover: 0.00322% × ₹1,519,750 = ₹48.93

4. DP Charges: No charges as it is not applicable for intraday trades

5. Stamp Duty: 0.003% on net buy value: 0.003% × ₹7,57,250 = ₹22.72

6. SEBI Turnover Fees: ₹10 per crore of total turnover: ₹10 × (₹1,519,750 / ₹1,00,00,000) = ₹1.52

7. GST (Goods and Services Tax): 18% on the sum of brokerage + transaction charges: 18% × (₹40 + ₹48.93) = ₹16.00

8. Total Taxes and Charges: Sum of all the above charges: ₹40 + ₹190.63 + ₹48.93 + ₹22.72 + ₹1.52 + ₹16.91 = ₹319.80

9. Points to Breakeven: Total Taxes and Charges divided by Quantity of Shares: ₹319.80 / 250 = ₹1.27

10. Net P&L: Net Sell Value - Net Buy Value - Total Taxes and Charges: ₹7,62,500 - ₹7,57,250 - ₹324.21 = ₹4,925.79

So, that is how Upstox brokerage charges are calculated for intraday transactions.

2. For Equity Delivery

An overview of what Upstox charges as a brokerage for equity delivery:  

Category	Charges
Brokerage Charges	₹40.00
STT/CTT	₹911.85
Transaction Charges	₹31.46
DP Charges	₹18.50
Stamp Duty	₹68.15
SEBI Turnover Fees	₹0.91
GST	₹16.36
Total Taxes and Charges	₹1,087.23
Net Buy Value	₹4,54,350
Net Sell Value	₹4,57,500
Points to Breakeven	₹7.25
Net P&L	₹2,062.77

Let's use an example to understand these transaction charges:

• Order Type: Delivery
• Exchange: BSE
• Quantity: 150 shares
• Buy Price: ₹3,029
• Sell Price: ₹3,050

➡️Calculating Net Buy Value: Quantity × Buy Price: 150 × ₹3,029 = ₹4,54,350

➡️Calculating Net Sell Value: Quantity × Sell Price: 150 × ₹3,050 = ₹4,57,500

➡️Total Turnover: Net Buy Value + Net Sale Value: ₹4,54,350 + ₹4,57,500 = ₹9,11,850

1. Brokerage Charges: Fixed at ₹40 for delivery trades 

2. STT/CTT (Securities Transaction Tax): 0.1% on both buy and sell value: 0.1% × ₹9,11,850 = ₹190.63

3. Transaction Charges: 0.00325% of the total turnover: 0.00325% × ₹9,11,850 = ₹31.46

4. DP Charges: ₹18.5 per scrip per day on the sell side

5. Stamp Duty: 0.003% on net buy value: 0.003% × ₹4,54,350 = ₹68.15

6. SEBI Turnover Fees: ₹10 per crore of total turnover: ₹10 × (₹9,11,850 / ₹1,00,00,000) = ₹0.91

7. GST (Goods and Services Tax): 18% on the sum of brokerage + transaction charges: 18% × (₹40 + ₹31.46) = ₹16.36

8. Total Taxes and Charges: Sum of all the above charges: ₹40 + ₹911.85 + ₹31.46 + ₹18.50 + ₹68.15 + ₹0.91 + ₹16.36 = ₹1,087.23

9. Points to Breakeven: Total Taxes and Charges divided by Quantity of Shares:  ₹1,087.23 / 150 = ₹7.25

10. Net P&L: Net Sell Value - Net Buy Value - Total Taxes and Charges: ₹4,57,500 - ₹4,54,350 - ₹1,087.23 = ₹2,062.77

So, that is how Upstox brokerage charges are calculated for delivery trades.

3. For Equity Futures

A summary of what Upstox charges as a brokerage for equity futures: 

Category	Equity Futures (NSE)
Brokerage Charges	₹40.00
STT	₹42.81
Transaction Charges	₹12.68
GST	₹9.50
Stamp Duty	₹6.50
SEBI Charges	₹0.67
Total Taxes and Charges	₹112.16

Let's understand these transaction charges with an example:

• Order Type: Equity Futures
• Exchange: NSE
• Quantity: 50 shares
• Buy Price: ₹6,500
• Sell Price: ₹6,850

➡️Calculating Net Buy Value: Quantity × Buy Price: 50 × ₹6,500 = ₹3,25,000
➡️Calculating Net Sell Value: Quantity × Sell Price: 50 × ₹6,850 = ₹3,42,500

➡️Net Buy Value + Net Sale Value = Total Turnover
= ₹3,25,000 + ₹3,42,500 = ₹6,67,500

1. Brokerage Charges: ₹20 or 0.05% of order value (whichever is lower)

1. Brokerage on Buy: 0.05% × ₹3,25,000 = ₹162.50
2. Brokerage on Sell: 0.05% × ₹3,42,500 = ₹171.25
3. Total Brokerage: ₹20 (Buy) + ₹20 (Sell) = ₹40

2. STT/CTT: 0.0125% on sell value: 0.0125% × ₹3,42,500 = ₹42.81

3. Transaction Charges: 0.0019% of the total turnover: 0.0019% × ₹6,67,500 = ₹12.68

4. Stamp Duty: 0.002% or ₹200 per crore on the buy side

5. SEBI Turnover Fees: ₹10 per crore of total turnover: ₹10 × (₹6,67,500/ ₹1,00,00,000) = ₹0.67

6. GST (Goods and Services Tax): 18% on the sum of brokerage + transaction charges: 18% × (₹40 + ₹12.68) = ₹9.50

7. Total Taxes and Charges: Sum of all the above charges:  ₹40 + ₹42.81 + ₹12.68 + ₹6.50 + ₹0.67 + ₹9.50 = ₹112.16

8. Net P&L: Net Sell Value - Net Buy Value - Total Taxes and Charges: ₹3,42,500 - ₹3,25,000 - ₹112.16 = ₹3,09,887.84

This is how Upstox brokerage charges are calculated for equity futures.

4. For Equity Options

A breakdown of what Upstox charges as a brokerage for equity options:  

Category	Equity Options (NSE)
Brokerage Charges	₹40.00
STT	₹15.62
Transaction Charges	₹12.37
GST	₹9.42
Stamp Duty	₹28.50
SEBI Charges	₹1.925
Total Taxes and Charges	₹107.835

Let's use an example to understand these transaction charges:

• Order Type: Equity Options
• Exchange: NSE
• Quantity: 100 shares
• Buy Price: ₹9,500
• Sell Price: ₹9,750

➡️Calculating Net Buy Value: Quantity × Buy Price: 100 × ₹9,500 = ₹9,50,000

➡️Calculating Net Sell Value: Quantity × Sell Price: 100 × ₹9,750 = ₹9,75,000

➡️Total Turnover = Net Buy Value + Net Sale Value: ₹9,50,000 + ₹9,75,000 = ₹19,25,000

1. Brokerage Charges: ₹20 (Buy) + ₹20 (Sell) = ₹40

2. STT/CTT: 0.0625% on the sell side (on premium): 0.0625% × (₹250 × 100)  = ₹15.62

3. Transaction Charges: 0.0495% on premium: (250 x 100) x 0.0495% (Premium) = ₹12.37

4. Stamp Duty: 0.003% or ₹300 per crore on buy side: 0.003% of ₹950,000 (Buy Value) = ₹28.50

5. SEBI Turnover Fees: ₹10 per crore of the total trade value: ₹1,925,000/ ₹1,00,00,000) x 10 = ₹1.925

6. GST (Goods and Services Tax): 18% on the sum of brokerage + transaction charges: 18% × (₹40 + ₹12.37) = ₹9.42

7. Total Taxes and Charges: Sum of all the above charges:  ₹40 + ₹15.62 + ₹12.37+ ₹28.50 + ₹1.925 + ₹9.42 = ₹107.835

8. Net P&L: Net Sell Value - Net Buy Value - Total Taxes and Charges: ₹9,75,000 - ₹9,50,000 - ₹107.835 = ₹24,894.16

This is how Upstox brokerage charges are calculated for equity options.

Conclusion

Upstox offers many financial instruments and two different modes to cater to the needs of investors and traders. Additionally, it also offers educational resources to help inventors learn about the market. With the help of its brokerage calculator, you can easily find out exactly how much brokerage charges you have to pay if you choose Upstox. However, if you think you want to see what other brokers might be charging, then try Selects' brokerage calculator list! Find brokerage calculators from 25 popular brokers and choose the one that fits you best.