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.
The transaction fee is capped at ₹100+GST and in any circumstances, you won't be paying any amount more than ₹100.
For example, if you are investing ₹1,00,000 in a new or an existing smallcase you'll pay only ₹100 as 1.5% of ₹1,00,000 is ₹1,500, which is greater than ₹100. However, if you are investing ₹1,000 you'll end up paying ₹15 because 1.5% of ₹1,000 is lesser than ₹100.
Further to this, you'll also incur ₹10 on your investments via SIP. Similar to investing in a smallcase the charges on your SIP investment will also be capped at 1.5%.
Orders placed to modify an existing smallcase (manage orders) by adding more than one constituent without selling any stocks or ETFs would also be charged a transaction fee of ₹100 (capped at 1.5% of the investment amount).
You won't be charged while rebalancing, managing (if your manage order has both buy and sell orders), or exiting your smallcases.
Other statutory charges such as GST, STT, brokerage, etc will be applicable as usual.
Please note: The change in the charges will be effective from 1st June, 2023.
💡 Good to know: Funds are deducted from your trading account and stocks are credited to your Demat account.