NSE rolls back 6% hike in transaction charges on equity and F&O trades

In January 2021, the charges were earlier increased by 6% partly, to augment the investor protection fund trust.

Reuters
The National Stock Exchange (NSE) has rolled back the 6% increase in transaction charges on equity cash and derivatives segment, with effect from April 1. In January 2021, the charges were earlier increased by 6% partly, to augment the investor protection fund trust.

To systematically augment the corpus of NSE IPFT, it has recalibrated the contribution to Rs 10 per crore in cash equity and futures segments from Rs 0.01 per crore, and Rs 50 per crore in equity options, the bourse said in a release.

The reduction in transaction charges and recalibration of the contribution to the IPFT corpus will result in an effective reduction in transaction charges by around 4%, NSE said.


NSE established an investor protection fund with the objective of compensating investors in the event of defaulters' assets not being sufficient to meet investors’ claims. The IPFT is managed by trustees, comprising public representative, investor association representative, board members and senior officials of the exchange.
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