For every smallcase, a transaction fee of ₹100 (capped at 1.5% of the investment amount) will be applied when you invest a lumpsum amount(first buy and invest more orders) to your new or existing smallcase investment.
For example, if you are putting in ₹1,00,000 in a new or an existing smallcase, you will pay only ₹100+GST (as 1.5% of ₹1,00,000 is ₹1,500) which is greater than ₹100. However, if the investment amount is ₹1000, you will end up paying ₹15 (as 1.5% of ₹1,000 is ₹15, which is lesser than ₹100)
Further, to this, a charge of only Rs.10 will be applicable when you invest through SIP in your existing smallcases. Similar to investing in a new or an existing smallcase, the fees on your investments via SIP will also be capped at 1.5%.
You won't be charged while rebalancing, managing, or exiting your smallcases.
Other statutory charges such as GST, STT, brokerage, etc will be applicable as usual.
Please read through this blog for more details.
💡 Good to know: Funds are deducted from your trading account and stocks are credited to your Demat account.