All charges for Liquid BeES and Liquid ETFs are the same as those of equity trades, except that STT is not charged. There is no entry or exit load as this fund is traded on the secondary market.
Charges for Liquid BeES and Liquid ETFs are as follows:
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Transaction charges:
- NSE: 0.00297% (₹2.97 per lakh)
- BSE: 0.00375% (₹3.75 per lakh)
- GST: 18% on the transaction charge
- SEBI charge: ₹10 per crore of turnover + 18% GST
- Stamp duty: Uniform stamp duty based on the value of the transaction.
When Liquid BeES is sold from the demat account, a DP charge of ₹9.50 + 18% GST applies. For accounts where the primary (first) holder is a woman, the DP charge is reduced to ₹9.25 + 18% GST. For Liquid ETFs, the DP charge is ₹13 + 18% GST. For accounts where the primary (first) holder is a woman, the DP charge is reduced to ₹12.75 + 18% GST.