The Power Of Writing

When I was working with Zerodha  I used to get a lot of queries regarding DP charges ki sir ye DP charge kis leye deduct hua hai? Is it a hidden charge? Etc. A few months back, I had also written a blog regarding the list of charges while trading and investing in shares, you can check that blog here In that also, I had mentioned DP charges in brief but today in this blog I'll explain more in detail with examples. Wait, but before that let's understand what does a DP mean, so the full form of DP is Depository Participant . Now, who is a Depository Participant? In India, there are two depositories NSDL and CDSL . A Depository is a government body where your actual demat account gets opened which means even If in future a broker defaults then your shares would be safe with the Depositories. A broker is just an intermediary between the Depository and the Investor. A broker has to take the membership of any of the Depository, after becoming the member, the broker is kn...

Nowadays people are showing more interest in the stock market . Over the internet and social media, there are a lot of advertisements or promotions for opening a demat account . Most of the companies offer zero account opening fees and some are also offering zero AMC for a lifetime but no one transparently speaks about charges involved in trading  and  investing . I believe new investors and traders should know what are the charges involved in trading and investing in shares  because whenever we purchase any product the first question we ask is Bhai paise kitne lagenge? Let's under the list of charges: • Brokerage - It is the primary charge charged by any broker. It is charged on a certain percentage or a flat fee . Nowadays, most brokers offer zero brokerage on delivery and around Rs 10-20 for intraday trades. Most traditional brokers still charge for the delivery trades. You can check the broker's website for their brokerage charges. • STT/CTT - STT is S...