iifl premia. equity

7/31/2019 IIFL Premia. Equity

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Equity:

Chart represents the SLF/ Advance Brokerage:

Calculation of Brokerage for Intraday incase of Advance brokerage of Rs. 25000/-

Example:

Company: ITC Principle: Rs.1,00,000 Share price: Rs. 200 Brokerage Intraday: 0.025%

If we invest Rs. 1,00,000 in ITC ltd. @ Price 200 at 9.30 and we sell this share in a same day before 3.30

pm then the brokerage will be:

Buy @ Rs.200 Quantity 500 Units

Amount: Rs. 200 X 500 Units = Rs. 1,00,000

Brokerage: Rs. 100,000 X 0.025% = Rs.25

Sell @ Rs. 210 Quantity 500 Units

Amount: Rs. 210 X 500 units = Rs. 1,05,000

A B

Brand Name VASPRM2 VASPRM3Scheme SLF15 SLF16

Prepaid amount 25000 50000

Service Tax at 10.3% 2575 5150

Total Prepaid amount including Service tax 27575 55150

Initial Margin 150000 500000Account opening fee 0 0

Reversal 27575 55150Validity 3 month 3 monthDelivery 0.250%, min4p 0.150%, min3p

Square off 0.025%, min4p 0.020%, min3pFutures 0.025%, min4p 0.020%, min3p

OptionsRs. 80/- or 0.8% whichever is

higher

Rs. 40/- or 0.4% whichever is

higher

DP Charges additional Flat 25Rs Flat 25 RsSTT and other statutory charges additional As Applicable As Applicable


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Brokerage: Rs.1,05,000 X 0.025% = Rs. 26.25

Thus the total Brokerage Charged to You will be Rs 25 on Buying + Rs. 26.25 on selling = Rs. 51.25 for

intraday trading.

Calculation of Brokerage on Delivery with Advance Brokerage of Rs. 25000/-

Example:

Company: ITC ltd. Principle: Rs. 1,00,000 Share price: Rs. 200 Brokerage on Holding: 0.25%

If we invest Rs.1,00,000 to purchase the share of ITC ltd @ Rs. 200 today but for the purpose of holding

the share then the brokerage will be calculated as:

Buy @ Rs. 200 Quantity 500 Units

Amount: Rs.200 X 500 Units = Rs. 1,00,000

Brokerage: Rs. 1,00,000 X 0.25% = Rs. 250

If you want to sell the Share of ITC ltd. after a period of 1 year at a price of Rs. 250 then the calculation

will be:

Sell @ Rs. 250 Quantity 500 Units

Amount: Rs. 250 X 500 Units = 175000

Brokerage: Rs. 1,75,000 X 0.25% = Rs. 437.50

Brokerage will be calculated on the Buying and selling of shares and not on the holding period thus the

brokerage paid on this trading will be Rs. 250 on Buying + Rs. 437.50 on Selling = Rs. 687.50 on

Delivery/ holding of stock.


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F&O:

Calculation of Brokerage in case of Future contracts with SLF of 25000/-. will be 0.025 on Buying

and 0.025 on Selling.

Example:

Nifty Future: Nifty 50 Lot Size: 50 Margin %: 10% Contract Value: 2,30,000 CMP: Rs. 4600 Brokerage Future: 0.025%

Margin Amount:

Contract Value: Rs. 4600 X 50 units = 2,30,000

Margin Amount: 10% of Contract Value

Rs. 230000 X 10% = Rs. 23,000Buying of Future Contract:

If we buy 1 lot of Nifty future contract today the brokerage will be calculated as:

Buy @ Rs. 4600 Lot of 50 Units

Contract Value: Rs. 4600 X 50 units = Rs. 2,30,000

Brokerage: Rs. 230000 X 0.025% = Rs. 57.50

When we Sell 1 lot of Nifty future contract the brokerage will be calculated as:

Sell @ Rs. 4650 Lot of 50 units

Contract Value: Rs. 4650 X 50 units = Rs. 2,32,500

Brokerage: Rs. 2,32,500 X 0.025% = Rs. 58.125

Brokerage will be calculated on the Buying and selling of Nifty hence brokerage paid on this trading will

be Rs. 570.50 on Buying + Rs. 58.125 on Selling = Rs. 115.625.


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Note:

Exposure on Equity will given as:o E-group: 11 times (E- Group Consist of Companies like L&T, ITC...)o

A-group: 9 times (A-group Orissa Minerals)o B&C Groups: 5 times

Additional STT and Service tax Applicable SPAN Margin Percentage Varies with the market volatility

iifl premia. equity

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