MPower
Simplifying investments with dealer assistance.
Dedicated Dealer & RM support
A helping hand at every step.
A complete hub
For all your financial needs.
Pricing solutions
As dynamic as your investments.
| Plans (Margin based) | Cash | Intraday | Future | Options (per lot) | MTF | DP AMC Charges |
|---|---|---|---|---|---|---|
Mpower 200 | 0.15% | 0.015% | 0.015% | 35/- | 15% | - |
Mpower 50 | 0.20% | 0.02% | 0.02% | 35/- | 15% | Rs. 600 p.a. |
Mpower 25 | 0.25% | 0.03% | 0.03% | 49/- | 18% | Rs. 600 p.a. |
Mpower 10 | 0.30% | 0.03% | 0.03% | 49/- | 18% | Rs. 600 p.a. |
Account opening fee
ZERO
₹50 per request + ₹3 per certificate
₹10 for 100 securities (shares, bonds, mutual funds units, etc, subject to minimum of ₹15)
NIL
0.04% of the value of securities (subject to minimum of ₹20)
₹0
₹100 +GST p.a
₹50 +GST per month (Account will convert to Non BSDA)
₹0
₹50+GST per month
₹20 per ISIN
₹20 per ISIN
₹20 per ISIN
0.05% of the value of securities (Subject to minimum of ₹30)
0.04% of the value of securities (subject to minimum of ₹30)
NSE: 0.00297%
BSE: 0.00375%
0.1% (on both sides)
0.015% or Rs.1500/crore
NSE: 0.00297%
BSE: 0.00375%
0.025% (sell side)
0.003% or Rs.300/crore
NSE : 0.00173%
BSE : 0%
0.02% (sell side)
0.002% or Rs.200/crore
NSE : 0.03503% on Premium
BSE : 0.0325% on Premium
0.1% (sell side)
0.003% or Rs.300/crore
NSE : 0.00035%
BSE: 0.00045%
NIL
0.0001% or Rs.10/crore
NSE : 0.0311%
BSE: 0.001%
NIL
0.0001% or Rs.10/crore
MCX : 0.0021%
NCDEX : 0.0058%
0.01% (sell side)
0.002% or Rs.200/crore
MCX : 0.0418%
NCDEX: 0.03%
0.05% (sell side)
0.003% or Rs.300/crore
FREE
FREE
₹7+GST
FREE
₹50 + GST per trading day for which contract notes have been requested
FREE
₹200 per year request
FREE
₹200 per statement per year + ₹50 courier charges
₹200 per statement per year
On actuals or ₹25 per auction (W.I.H)
₹50+ GST (for every cheque deposit)
Rs. 250 inclusive of GST
Online : ₹350 + bank charges
Offline : ₹500 + bank charges
₹25
₹50 + GST per order
Still have questions?
Do I get a dedicated dealer to place an order?
Yes, you get a dedicated dealer to help you place an order.
How does a dedicated dealer help me?
Apart from assisting you with placing and executing your orders, the assigned dealer can help you manage your portfolio. You may also share and discuss your trading and investment ideas with the dealer before placing the order. He/she shall be one point contact for all your concerns.
Are the brokerage rates inclusive of taxes?
No. All taxes would be levied over and above the brokerage rates mentioned above.
Will I be able to trade online if I select this plan?
Yes, you may continue placing orders entirely on your own, and that too at the same brokerage rates.
Will my orders or trades placed and executed by the dealer be visible to me in real time across all Kotak Securities trading platforms, such as website and NEO app?
Yes. All orders placed by dealers would show up in your order and trade log on the web platform and mobile app.
Can I place one leg of the order through a dealer and square-off the trader at my end?
Yes. You can perform one leg of the order with a dealer and square off at your end, without any extra charges.
Can orders placed through a dealer be cancelled or modified through the online platforms?
Yes. You can cancel or modify unexecuted orders placed by dealers through the online platforms.
Will I be able to place orders for MIS, Super Multiple Traders or Margin Trading Facility through the dealer?
You may place all types of orders through the dealer.
What would happen in case the Risk Management System (RMS) of Kotak Securities liquidates positions due to any reason?
If a position is liquidated by the RMS in case of margin or debtors shortfall, additional brokerage of Rs.100 per executed order will be charged over and above the brokerage rate. (Subject to maximum of 2.5% regulatory allowed brokerage)