What are the charges for trading in Liquid beES/ liquid ETFs?
All charges for Liquid BeES/ Liquid ETFs are the same as that of equity trades, except that there is no STT charged for Liquid BeES/Liquid ETFs. There is no entry/exit load as this fund is traded on the secondary market.
Charges for Liquid BeES/Liquid ETFs are transaction charges of 0.00345% on turnover (qty * price), 18% GST on transaction charge, SEBI charge of Rs.10/crore and stamp duty as per the state on the correspondence address.
While exiting Liquid BeES from Demat a DP charge of Rs. 8 + GST is charged whereas the DP charge for exiting Liquid ETF is Rs. 13.5 + GST at Zerodha.