what is dp charges in groww

1 year ago 61
Nature

DP charges in Groww refer to the charges levied on the selling of shares or on the debit of shares held in a demat account for more than a day. These charges are imposed by the Depository (CDSL) and the Depository Participant (Groww) . The DP charges in Groww are Rs. 13.5 + GST for sell once per trading day per company. These charges are in addition to other charges such as brokerage charges, exchange transaction charges, SEBI turnover charges, and Investor Protection Fund Trust charge. Groww provides an online brokerage calculator that can be used to calculate and compare brokerage charges.