Kotak Neo brokerage calculator
By Alexander Burnett (editor) Last updated Data read by our script
How we got this
How: We read Kotak Neo's own pricing page on 22 October 2026 and set this calculator to its rates; taxes and exchange charges are the NSE rates published on upstox.com, read 15 October 2026. The arithmetic runs in your browser. How we checkHow we make moneyCorrections
At Kotak Neo, F&O is a flat ₹10 per order, but delivery is 0.2% with no ₹ cap and the DP charge is 0.04% of the sale (min ₹20). A 100-share intraday trade at Kotak Neo, bought at ₹1,000 and sold at ₹1,010, costs ₹59.37 in charges: ₹20 is Kotak Neo's brokerage, and ₹39.37 is tax, exchange and SEBI fees and GST. A 50-share delivery trade (₹500 to ₹520) costs ₹197.02, including the DP charge.
Kotak Neo: ₹59.37 in charges on this trade. Turn on JavaScript to change the numbers.
| Charge | Amount |
|---|---|
| Brokerage | ₹20 |
| STT | ₹25.25 |
| Exchange transaction (NSE) | ₹6.17 |
| SEBI turnover fee | ₹0.20 |
| Stamp duty | ₹3 |
| GST | ₹4.75 |
| Total | ₹59.37 |
- Net P&L
- ₹940.63
- Breakeven move
- ₹0.59 a share
How much brokerage does Kotak Neo charge?
The calculator uses the Trade Free Plan (for people over 30). Trade Free Youth (under 30, ₹99 to open) has ₹0 delivery brokerage, and Trade Free Pro (₹249 a month) has 0.10% delivery brokerage. In its own words: Commodity & Currency are at a flat ₹10 per executed order
(kotakneo.com/pricing/trade-free-plan).
| Charge | Kotak Neo |
|---|---|
| Equity delivery brokerage | 0.2% |
| Equity intraday brokerage | ₹10 or 0.05%, whichever is lower |
| Futures brokerage | ₹10 |
| Options brokerage | ₹10 |
| Currency futures brokerage | ₹10 |
| Currency options brokerage | ₹10 |
| Commodity futures brokerage | ₹10 |
| Commodity options brokerage | ₹10 |
| DP charge (delivery sell) | 0.04% of the value of the shares sold, minimum ₹20, per debit from your demat. The page doesn’t say whether GST is added, so the calculator adds none. |
| AMC (annual maintenance) | BSDA accounts: ₹0 with holdings up to ₹4 lakh, ₹100 + GST a year from ₹4 lakh to ₹10 lakh, ₹50 + GST a month above ₹10 lakh (the account then becomes non-BSDA). Non-BSDA accounts: ₹0 with holdings up to ₹1,000, ₹50 + GST a month above. |
| Account opening | ₹0 on the Trade Free Plan; ₹99 on Trade Free Youth. |
What to know about Kotak Neo's charges
- Delivery on the Trade Free Plan is 0.20% of the order with no ₹ cap, so delivery brokerage grows with the size of the order.
- Intraday is ₹10 or 0.05% and F&O a flat ₹10 per executed order: half the ₹20 most brokers here charge.
- Brokerage is ₹0 for the first 30 days after the account opens.
- A dealer-assisted order costs up to ₹49 extra per executed order, and the same fee applies to auto square-off.
- The DP charge is a percentage (0.04%, minimum ₹20), so it grows with the size of the sale.
Kotak Neo worked example, charge by charge
| Charge | 100 shares intraday, ₹1,000 to ₹1,010 | 50 shares delivery, ₹500 to ₹520 |
|---|---|---|
| Brokerage | ₹20 | ₹102 |
| STT | ₹25.25 | ₹51 |
| Exchange transaction (NSE) | ₹6.17 | ₹1.57 |
| SEBI turnover fee | ₹0.20 | ₹0.05 |
| Stamp duty | ₹3 | ₹3.75 |
| DP charge | ₹0 | ₹20 |
| GST | ₹4.75 | ₹18.65 |
| Total | ₹59.37 | ₹197.02 |
| Net profit after charges | ₹940.63 | ₹802.98 |
To cover the charges, the intraday trade needs a move of ₹0.59 a share and the delivery trade ₹3.94 a share.
Taxes and exchange charges at Kotak Neo
| Charge | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% buy + 0.1% sell | 0.025% sell | 0.05% sell | 0.15% sell |
| Exchange transaction (NSE) | 0.00307% | 0.00307% | 0.00183% | 0.03553% |
| SEBI turnover fee | ₹10 per crore | ₹10 per crore | ₹10 per crore | ₹10 per crore |
| Stamp duty (buy side) | 0.015% | 0.003% | 0.002% | 0.003% |
| GST | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges | 18% on brokerage, exchange and SEBI charges |
How this calculator works
- Brokerage is charged on each executed order, so a buy and a sell pay it twice. Where Kotak Neo states "₹X or Y%, whichever is lower", the calculator takes the lower on each order.
- STT, exchange and SEBI charges, stamp duty and GST come on top, at the NSE rates above. BSE rates differ by scrip group.
- DP charge: once per scrip on a delivery sell, as Kotak Neo's page states it.
- Limits. Equity on NSE only: currency and commodity brokerage is in the table above but not in the calculator. One plan, after any first-30-days offer. Contract notes round some charges, so expect a few paise of difference. Charges change: check the date and Kotak Neo's page before you trade.