An illustrative calculation
For one index option order at a ₹100 premium and quantity of 50, turnover is ₹5,000. Using illustrative assumptions, ₹20 + (₹5,000 × 0.125%) = ₹26.25.
The fixed amount applies per executed order in this example, while the percentage applies to turnover. Entry and exit are separate orders, so both can incur costs that reduce simulated P&L.
Check the relevant conditions
These figures are simplified model assumptions, not universal brokerage rates or a live brokerage quote. Actual applicable charges and taxes may differ by provider and framework.