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Dhan brokerage calculator — full charges on an NSE trade
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Short answer
Dhan charges ₹0 brokerage on equity delivery, 0.03% or ₹20 (whichever is lower) per executed order on equity intraday, and a flat ₹20 per order on futures and options. Statutory charges — STT, NSE transaction charges, SEBI fees, stamp duty and 18% GST — apply on top, plus a DP charge of ₹14.75 (₹12.5 + GST) per instruction on delivery sells. This calculator itemises the full cost and shows your breakeven.
| Brokerage | — |
| STT | — |
| NSE transaction charges | — |
| SEBI charges | — |
| Stamp duty | — |
| GST (18%) | — |
| DP charges | — |
| Total charges | — |
Gross P&L
—
Net P&L after charges
—
Breakeven move
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Estimate for one NSE round trip (one buy + one sell order). Brokers round each component per order, so contract notes can differ by small amounts. For options, prices are premiums and quantity is lots × lot size.
Dhan pairs a Zerodha-style price card — free delivery, ₹20 caps elsewhere — with one of the most generous API policies among Indian brokers: DhanHQ API access is free, which has made it a favourite of algo traders who resent paying a monthly fee just to connect. The costs that remain are the ones no broker can waive.
Enter a trade below for the full breakdown. Rates were verified against Dhan’s published pricing in September 2026 and are printed in the assumptions table.
How Dhan’s charges work
Delivery carries no brokerage — a buy-and-hold position pays only the statutory stack (STT at 0.1% each side, NSE transaction charges at 0.00307%, SEBI fee, 0.015% buy-side stamp duty, GST on the non-tax parts) plus ₹14.75 per instruction in DP charges when shares leave the demat account on a sell. Intraday is 0.03% capped at ₹20 per order. Futures and options are flat ₹20 per executed order, with no percentage alternative — a small futures order pays the same ₹20 a large one does.
The flat futures fee is the one place Dhan’s card differs meaningfully from Zerodha’s: on a futures order below about ₹66,700, Zerodha’s 0.03% percentage beats Dhan’s flat ₹20, and above it they are identical. For index futures at current notional values, virtually every order is above the crossover, so in practice the two cost the same.
Dhan for algo traders: the free-API angle
For systematic traders, Dhan’s real price advantage is not on the contract note — it is the ₹0 API fee. Brokers that charge ₹500–2,000 a month for API access add a fixed cost that a small account must out-trade before its strategy earns a rupee; Dhan removes that hurdle. The per-trade economics above then match the rest of the discount pack, with statutory charges dominating as always.
INDfolio AI connects to Dhan through the official DhanHQ API and deducts this same cost stack per trade in backtests, so a strategy validated on the platform has already paid Dhan-level costs on every simulated fill.
Worked examples: Dhan charges on four typical trades
Computed by the same engine as the calculator above, so the two always agree. Each trade is bought and sold at the same price, so the total is the pure cost of the round trip and the breakeven is the price move needed just to cover it.
| Trade | Brokerage | STT | Exchange + SEBI | Stamp duty | GST | DP | Total | Breakeven |
|---|---|---|---|---|---|---|---|---|
| Equity delivery — 100 shares at ₹1,000, bought and sold (₹1,00,000 each side) | ₹0.00 | ₹200.00 | ₹6.34 | ₹15.00 | ₹1.14 | ₹14.75 | ₹237.23 | 2.37 pts |
| Equity intraday — 100 shares at ₹1,000, bought and sold (₹1,00,000 each side) | ₹40.00 | ₹25.00 | ₹6.34 | ₹3.00 | ₹8.34 | ₹0.00 | ₹82.68 | 0.83 pts |
| Futures — 75 units at ₹25,000, bought and sold (₹18,75,000 each side) | ₹40.00 | ₹937.50 | ₹72.38 | ₹37.50 | ₹20.23 | ₹0.00 | ₹1,107.60 | 14.77 pts |
| Options — 75 units at ₹150 premium, bought and sold (₹11,250 each side) | ₹40.00 | ₹16.88 | ₹8.02 | ₹0.34 | ₹8.64 | ₹0.00 | ₹73.87 | 0.98 pts |
Rates this calculator uses
Verified September 2026 against Dhan’s published charge schedule ↗ . Brokers revise pricing without notice — cross-check before relying on results.
| Segment | Dhan brokerage |
|---|---|
| Equity delivery | ₹0 |
| Equity intraday | 0.03% or ₹20 per order, whichever is lower |
| Futures | Flat ₹20 per order |
| Options | Flat ₹20 per order |
| DP charge (delivery sell) | ₹14.75 per instruction (₹12.5 + GST) |
Statutory charges (identical at every NSE broker)
| Charge | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% on buy and sell | 0.025% on sell | 0.05% on sell | 0.15% of premium on sell |
| NSE transaction charges | 0.00307% | 0.00307% | 0.00183% | 0.03553% of premium |
| SEBI charges | ₹10 per crore | ₹10 per crore | ₹10 per crore | ₹10 per crore |
| Stamp duty (buy side) | 0.015% | 0.003% | 0.002% | 0.003% of premium |
| GST | 18% on brokerage + txn + SEBI | 18% on brokerage + txn + SEBI | 18% on brokerage + txn + SEBI | 18% on brokerage + txn + SEBI |
These calculators are free, run entirely in your browser, and store nothing. They produce estimates for NSE trades based on published rates and standard formulas — not investment advice, and not a substitute for your broker’s contract note. INDfolio AI builds algo trading software; the honest connection is that our backtests apply this same cost arithmetic to every simulated trade.