Introduction
Kotak Securities is one of India’s most trusted full-service brokers, offering diverse investment options from equities to mutual funds. Brokerage charges, however, play a major role in determining your profitability. Understanding Kotak’s brokerage structure helps traders and investors minimize costs while maximizing returns.
Types of Accounts and Plans
- Free Intraday Trading Plan: Zero brokerage for intraday trades.
- Trade Free Plan: Flat ₹20 per order for all segments.
- Dynamic Plan: 0.25% for delivery and ₹20 or 0.02% for intraday (whichever lower).
Equity Brokerage
| Segment | Brokerage Rate |
|---|---|
| Equity Delivery | 0.25% |
| Equity Intraday | ₹20/order or 0.02% |
| Equity Futures | ���20/order |
| Equity Options | ₹20/order |
Additional Charges
- STT/CTT: As per government norms
- Transaction Charges: 0.00325%
- GST: 18% on brokerage + transaction
- SEBI Turnover Fee: ₹10 per crore
- Stamp Duty: Based on state regulations
Comparison with Competitors
Kotak Securities competes with Zerodha, Angel One, and Upstox. While discount brokers offer lower flat rates, Kotak provides value through research support, margin trading facilities, and relationship management—ideal for investors seeking full-service experiences.
Tips to Reduce Brokerage Costs
- Opt for annual subscription-based brokerage plans.
- Consolidate trades instead of multiple small orders.
- Utilize free intraday trades under special offers.
- Track statements to identify unnecessary charges.
Conclusion
Kotak Securities’ brokerage structure is transparent and flexible, catering to both retail and professional traders. By choosing the right plan and staying aware of hidden costs, you can trade smarter and more efficiently in 2025.