ICICI Direct plan of brokerage
ICICI Direct is a well-known name in the Indian financial industry. It is a subsidiary of ICICI Bank and provides an online trading platform for stocks, mutual funds, and other financial instruments. ICICI Direct also offers a unique investment plan known as the ICICI Direct Plan, which allows investors to invest in mutual funds at a lower expense ratio than regular mutual fund plans.
ICICI Direct offers four different brokerage
plans: ICICI Direct Prime Plan, ICICI Direct Neo Plan, I-Secure Plan,
and ICICI Direct Prepaid Brokerage Plan. Each of these plans has its features
and benefits, and investors can choose the one that suits their trading needs
and preferences.
ICICI Direct Prime Plan
ICICI Direct Prime plan is the best plan for
up to 50% brokerage reduction on the exchange of securities.
|
Prime
Plan (₹) |
Total
amount with GST (₹) |
Scheme
Validity (in days) |
Cash % |
Margin/
Futures % |
Options
(Per Lot) |
Currency
Futures & Options (Per Order) |
Commodity
Futures (Per Order) |
eATM
Limit (₹) |
Special
MTF Interest rates/ LPC (yearly) |
|
299 |
352.82 |
365 |
0.27 |
0.027 |
₹40 |
₹ 20 |
₹20 |
2.5 lakhs |
14.90% |
|
999 |
1,178.82 |
365 |
0.22 |
0.022 |
₹35 |
₹20 |
₹20 |
10 lakhs |
12.90% |
|
1,999 |
2,358.82 |
365 |
0.18 |
0.018 |
₹25 |
₹20 |
₹20 |
25 lakhs |
10.40% |
|
2,999 |
3,538.82 |
365 |
0.15 |
0.015 |
₹20 |
₹20 |
₹20 |
1 Cr |
8.90% |
|
3,999 |
4,718.82 |
365 |
0.12 |
0.012 |
₹15 |
₹20 |
₹20 |
1 Cr |
8.90% |
|
4,999 |
5,898.82 |
365 |
0.1 |
0.01 |
₹10 |
₹20 |
₹20 |
1 Cr |
7.90% |
ICICI Direct Neo Plan
ICICI Direct Neo Plan is best for those
traders who invest mostly invest in the future and Options segment.
|
Segment |
Brokerage
Charges |
|
Monthly
Fee (Fixed) |
N/A |
|
Equity
Delivery |
0.55% |
|
Equity
Intraday |
₹20 per
order |
|
Equity
Futures |
₹0 (Nil) |
|
Equity
Options |
₹20 per
order |
|
Currency
Futures |
₹20 per
order |
|
Currency
Options |
₹20 per
order |
|
Commodity
Futures |
₹20 per
order |
|
Commodity
Options |
₹20 per
order |
I-Secure Plan
The I-Secure Plan is a popular choice among
traders who prefer to trade frequently. Under this plan, the brokerage charges
are calculated based on the trading volume and the type of security
traded.
|
BROKERAGE IN CASH
BROKERAGE IN FUTURE, FUTURE
PLUS AND FUTURE PLUS STOP LOSS
BROKERAGE IN CURRENCY FUTURES
& FUTURE PLUS STOP LOSS
BROKERAGE IN COMMODITY FUTURES
BROKERAGE IN OPTIONS &
OPTION PLUS
BROKERAGE IN COMMODITY FUTURES
|
ICCICI Direct Prepaid Plan
The Prepaid Brokerage Plan is a unique
offering from ICICI Direct, allowing traders to pay their brokerage charges upfront. Under this plan, traders can pay a fixed amount of brokerage
charges in advance, which are deducted from the prepaid account as per the
trading activity. This plan offers significant cost savings for traders, as the
brokerage charges are lower than the other two plans.
|
Prepaid
Plan (₹) |
Total amt
with GST (₹) |
Cash % |
Margin/
Futures % |
Options
(per lot) |
Currency
Futures & Options (per Order) |
Commodity
Futures (Per Order) |
eATM
Limit |
|
2,500 |
2,950 |
0.25 |
0.025 |
35 |
₹20 |
₹20 |
10 Lakhs |
|
5,000 |
5,900 |
0.22 |
0.022 |
30 |
₹20 |
₹20 |
25 Lakhs |
|
12,500 |
14,750 |
0.18 |
0.018 |
25 |
₹20 |
₹20 |
25 Lakhs |
|
25,000 |
29,500 |
0.15 |
0.015 |
20 |
₹20 |
₹20 |
1 Cr |
|
50,000 |
59,000 |
0.12 |
0.012 |
15 |
₹20 |
₹20 |
1 Cr |
|
75,000 |
88,500 |
0.09 |
0.009 |
10 |
₹20 |
₹20 |
1 Cr |
|
1,00,000 |
1,18,000 |
0.07 |
0.007 |
7 |
₹20 |
₹20 |
1 Cr |
Conclusion
ICICI Direct offers a range of brokerage plans
that cater to the different trading needs and preferences of investors. The
plans are designed to offer cost-effective solutions and benefits to traders,
with flexible options for frequent and occasional traders. With its advanced
technology, comprehensive research reports, and customer-centric approach,
ICICI Direct is a popular choice among traders in India.
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