Choose the Plan That
Works for You

On the Nikunj Direct plan, brokerage is a flat ₹20 per executed order for all F&O and Intraday trades — regardless of trade size. Equity delivery trades are charged at the same flat rate of ₹20 per order.

Nikunj Direct is a fully digital, self-service plan suited for independent investors. Nikunj Relationship adds a dedicated Relationship Manager, personalised portfolio support, physical branch access and priority research reports — ideal for investors who want ongoing human support alongside their digital tools.

Yes. Opening your Demat + Trading account with Nikunj is completely free. The only annual recurring charge is the Demat AMC of ₹300/year, levied by the depository (CDSL/NSDL).

Nikunj offers regular mutual fund plans across a wide range of schemes, with SIPs starting from as low as ₹100, on both plans. As a regular plan distributor, Nikunj earns a small distribution commission from the AMC — this does not add any extra cost to you directly.

MTF (Margin Trading Facility) lets you buy eligible equity delivery shares by paying only a fraction of the value upfront, with Nikunj funding the balance. The applicable interest rate is 13% per annum on the funded amount, charged for the period the position is held. MTF involves leverage and carries risk — please speak with your Relationship Manager to understand margin requirements before using this facility.

All trades also carry statutory and regulatory charges: STT/CTT, exchange transaction charges, SEBI turnover fees, stamp duty, clearing member charges (commodity segment only), and 18% GST on brokerage, transaction charges, SEBI charges and clearing member charges. These are set by the government, SEBI, the exchanges and the clearing member, not by Nikunj. See the detailed charges table above for exact rates by segment.

Yes. You can upgrade from Nikunj Direct to Nikunj Relationship at any time by contacting our team. Simply reach out to your nearest branch or call 011-47030000 and we'll assist you.