What are the IPFT charges on NSE Trades?
The IPFT (Investor Protection Fund Trust) charges on NSE trades safeguards investors from potential defaults by trading or clearing members. It applies to both buy and sell transactions, based on the turnover.
Here’s a breakdown of IPFT charges:
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: If you buy 100 shares of Reliance at ₹2000 and sell at ₹2100, your turnover is ₹4,10,000. The IPFT fee would be ₹0.41 (calculated as ₹4,10,000 * 10 / 1,00,00,000).
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