Intraday vs Delivery Cost Comparison

Intraday and delivery costs differ because the tax bases, brokerage and delivery-sale charges differ. Enter the same equity prices and share quantity, calculate Equity Intraday, then switch Segment to Equity Delivery. This form displays the selected segment rather than a side-by-side comparison. It assumes a particular brokerage structure and a fixed delivery sale fee. The totals are estimates; check your own broker's tariff before using them to compare costs.

The charge differences that matter

For cash shares, intraday means a purchase and sale without delivery; delivery involves shares moving through the holding account. A comparison should keep the stock, quantity and assumed purchase and sale prices identical. Changing the position size at the same time makes the fee difference hard to interpret.

Turnover means purchase value plus sale value. GST, goods and services tax, is 18% on brokerage, exchange charges and SEBI charges. The SEBI turnover fee is ₹10 per crore. These amounts have different bases, so adding the headline percentages together does not give an accurate total charge rate.

The cash-market rates above agree with the site's verified charges changelog. They concern equity shares. Do not apply this comparison to index futures, option premiums or commodity contracts.

Enter shares correctly in this form

1. Choose Equity Intraday under Segment and enter Buy Price and Sell Price in rupees per share.
2. Use Quantity (units per lot) for the number of shares. Despite the generic label, this page concerns cash equity.
3. Keep Number of Lots (1 for equity) at 1. The calculation multiplies that field by Quantity, so increasing it changes your share count.
4. Enter positive prices and share quantity; clearing a field or entering zero can silently substitute a preset value. Note Total Charges and Net P&L, then change only Segment to Equity Delivery.
5. Compare the results with your broker's actual brokerage and delivery debit charge, which this form does not let you edit.

The visible cards include Total Turnover, Gross P&L, Brokerage, STT / CTT, Exchange Charges, SEBI Charges, GST, Stamp Duty, DP Charges, Total Charges, Net P&L, Breakeven Move and Charges % of Turnover. DP means depository participant, the provider that handles the share holding account. This equity page uses STT; CTT belongs to commodities.

Worked comparison with the calculator's assumptions

Illustrative trade: buy 100 shares at ₹1,000 and sell those shares at ₹1,010. Set Number of Lots to 1. The purchase value is ₹1,00,000, the sale value is ₹1,01,000 and turnover is ₹2,01,000. Gross profit is (₹1,010 − ₹1,000) × 100 = ₹1,000. These are invented prices and quantities.

The intraday brokerage reaches the order cap on both legs in this example. Delivery brokerage is absent in the tool, but delivery STT applies to both values and a delivery sale fee is added. That combination explains this particular result. It does not prove that intraday is always cheaper or that holding shares longer is less suitable.

The tool rounds individual cards and final totals to whole rupees. It calculates the final sum before that display rounding. Adding the rounded cards yourself can therefore give a different sum. A small SEBI amount can display as zero even though it is included in the total.

Check these limits before comparing your bill

There is no broker selector or editable fee schedule. A broker that charges delivery brokerage, has different intraday minimums or levies a different delivery debit fee will not match these assumptions. The fixed DP fee is not a verified current quote for your account. The same applies to dealer-assisted orders, forced square-offs and other account-specific charges.

Breakeven Move divides the charges at the entered prices by the quantity and then rounds the result. It is a rough cost distance per share. It does not solve for the exact future sale price at which net profit becomes zero, because some fees change with that sale price.

A lower fee estimate does not measure overnight price risk, whether a planned entry is available or the suitability of a holding period. This form also does not calculate your income-tax liability. For the underlying line items, use brokerage and charges explained. Review the STT calculator for the transaction tax alone or the GST calculator for service-charge tax.

Keep order structure consistent in a comparison

The form represents an opening purchase and a closing sale. If your actual trade used several separately charged orders, a single combined quantity can hide the effect of a per-order brokerage cap. Keep the execution record with the estimate and check how your broker charged those orders. Do not assume that averaging all prices into a single purchase reproduces the same brokerage bill.

Delivery debit fees also need the broker's own billing rules. A fixed amount on this form cannot establish how a broker groups sales by stock, day or debit instruction. When checking a discrepancy, ask which transactions the fee covers before comparing it with the calculator's single assumed charge. Record any missing account or service charge separately rather than changing the stock price to force the total to agree.

A useful comparison note contains the entered prices, share quantity, segment, assumed order structure and the tariff checked. Save the intraday result before switching the segment, then record the delivery result beside it. If the difference comes mainly from a fee the tool fixes internally, mark the comparison as provisional. This keeps a calculation based on limited inputs from becoming an unsupported claim about the cheaper broker or trading style.

Common cost-comparison questions

Sources

• NSE: STT rates, including unchanged equity rows.
• NSE: transaction-charge and IPFT revision.
• Zerodha: own brokerage, statutory charges and delivery debit fees.
• Source pages and the calculator were checked on 15 October 2026.