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Transaction Cost & Settlement Cycle

EQUITY TRANSACTION COST

	Transactions up to Rs. 50 Million	Transactions over Rs. 50 Million
Net Brokerage	0.640%	(Minimum) 0.2000%
CSE Fees	0.084%	0.0525%
CDS Fees	0.024%	0.0150%
SEC Fees	0.072%	0.0450%
STL	0.200%	0.2000%
TOTAL FEES	1.020%	-

UNITS TRANSACTION

Minimum Brokerage	1.0000%
SEC FEES	0.0200%
CSE	0.0200%
CDS Fees	0.0100%
STL	-----

INTRA DAY TRADING

An intra day trading is where a client buys and sells or sells and buys the same security on the same day through the same broker.

In the event the number of shares purchase does not equal the number of shares sold, the transaction fees will not be levied on the lower quantity of shares either purchase or sold

In the event the quantity purchased is equal to the quantity sold transaction fees will not be levied from the second transaction whether it be the purchase or sold

TAXATION

No withholding tax or stamp duties are charged on transaction. How ever, a 10% tax is charged on Dividends, deducted at source.

SETTLEMENT

The buyer must make payment for shares bought by the 3rd trading day after the purchase (T + 3).

The seller will receive payment for share sold by the 3rd trading day after the sales (T +3).