What are DP charges ?
Depository Participant (DP) charges are applicable to any sell transactions in your Demat Account. These charges are in addition to brokerage and are not included in the contract notes. Depositories and their participants get income via DP charges.
DP charges are a set transaction fee, regardless of the amount of shares sold. As a result, the charges are based on the number of shares sold rather than the total volume of shares sold. So, whether you sell one share or 100, the charges stay the...