What are DP charges and why are they charged?

[ShubhS9]

@Sai_ram_singh

Is Risk associated with T+1(as it is not settled in the account yet) is higher than T+2 days(as it is in our demat account)?

There is always risk associated with BTST, compared to when shares are in your Demat account. You can read more here.

@Sai_ram_singh

2.For the above example,
Total DP charges for both 22 and 25 is 15.93 and not 31.86,isn’t it?

DP charges are levied on per sell transaction, so you will be charged on 22 as well as 24.

[Sai_ram_singh]

Thank you for response Sir.

Sorry,my apologies failed to put my last question properly.

1.In the example above, the shares are of one company .I am buying and selling those shares from 20 to 24th.
20/6-Bought the 200 shares of Reliance
21/6-sold 150 shares of Reliance
22/6-sold 25 shares of Reliance
23/6-bought 25 shares of Reliance
24/6-sold 50 shares of Reliance
DP Charges levied on 22 and 24th will be_________________?

Thanks,
Sairam Singh

[ShubhS9]

@Sai_ram_singh

DP Charges levied on 22 and 24th will be_________________?

DP charges are fixed at 15.93 irrespective of quantity you sell.

You will be charged 15.93 on 22nd and 15.93 on 24th.

[Linga]

Are DP charges applicable at the time of redemption of sovereign gold bonds?