what is dp charges in zerodha

DP charges in Zerodha are levied by the depository, Central Depository Services (India) Limited (CDSL), and Depository Participant (DP), i.e., Zerodha, when shares are sold from the demat account. The charge is ₹13.50 (₹5.50 by CDSL and ₹8 by Zerodha) + 18% GST and is applicable per day and per stock, regardless of the quantity sold. DP charges are directly posted on the funds statement and do not appear on the contract note. Earlier, Zerodha used to impose DP charges of ₹5.5+GST for the redemption of mutual funds, but with the free Subscription of Zerodha Coin, these DP charges are waived off, and hence one can now invest in mutual funds in Zerodha without worrying about any additional charges.