The Investor Protection Fund Trust (IPFT) is a safeguard mechanism by NSE to protect investors in case of a default by trading or clearing members. As an investor trading through FYERS, it’s important to be aware that IPFT charges apply to all NSE trades—whether you're buying or selling.
What is the IPFT charge?
The IPFT charge is a small regulatory fee calculated on your trade turnover. It helps maintain a financial safety net for investors and is applicable across various NSE segments.
IPFT Charges on NSE Segments
| NSE Segment | IPFT Charges |
|---|
| Equity Intraday | ₹10 per crore |
| Equity Delivery | ₹10 per crore |
| Equity Futures | ₹10 per crore |
| Equity Options | ₹50 per crore |
Example
Let’s say you:
- Buy 100 shares of Reliance at ₹2000
- Sell them at ₹2100
Your turnover is ₹2,00,000 (buy) + ₹2,10,000 (sell) = ₹4,10,000.
The IPFT charge would be: ₹4,10,000 × ₹10 / ₹1,00,00,000 = ₹0.41
What if...
| Scenario | Will IPFT Charges Apply? |
|---|
| I place only a buy order | Yes, IPFT applies to buy-side turnover |
| I trade in options | Yes, at ₹50 per crore turnover |
| I only trade in BSE segments | No, IPFT charges apply only to NSE trades |
| My turnover is very low | Yes, but the charge will be proportionally tiny |
GST of 18% is applicable on the above IPFT charges.
Last updated: 20 Jun 2025
Related Articles
What are the Clearing Member charges?
When you place trades on FYERS, the final settlement of those trades is handled by a Clearing Member (CM). Clearing Member charges are part of the total trading cost and are collected to cover the expense of trade settlement through the clearing ...
What are the brokerage, statutory, and other applicable charges at FYERS?
We at FYERS follow a transparent, True to Label pricing model. This comprehensive guide details all charges—brokerage, statutory levies, margin interest, and service fees—organized for your convenience. ₹0 Brokerage Segments We do not charge any ...
Does FYERS have hidden charges during trading?
No, FYERS does not have any hidden charges. All fees—whether brokerage, statutory, or platform-related—are transparently displayed before order placement and in your contract notes. How does FYERS ensure fee transparency? All charges are disclosed ...
Why might the actual charges differ from estimated charges on order execution?
The Price breakup feature in FYERS shows an estimated preview of brokerage and regulatory charges before you place an order. However, the final charges in your contract note may not match exactly. This is because the estimate is based on assumptions ...
What does FYERS charge for equity delivery trades?
As of October 1, 2024, FYERS has updated its brokerage structure for equity delivery trades in compliance with the SEBI-mandated "True to Label" circular. Brokerage is no longer zero and is now charged at a capped rate. Current equity delivery ...