What Are the Charges Applicable to a Hindu Undivided Family (HUF) Account With Zerodha?
HUF (Hindu Undivided Family) account is a separate tax entity allowing for potential tax benefits through income splitting among family members. It is necessary to open an equity account before opening a commodity account.
Charges associated with Zerodha’s HUF account are:
| Account Head | Cost |
| Account Maintenance Charges (AMC): | ₹75 + 18% GST for each quarter, |
| Delivery of equity: | ₹20 or 0.1% for each executed order, whichever is less. |
| Intraday equity: | ₹20 or 0.03% of each executed order, whichever is less. |
| Futures: | ₹20 or 0.03% of each executed order, whichever is less |
| Choices: | ₹20 for each completed order. |
| Call and Trade Fees: | ₹50 for each order that the dealer places on Zerodha. |
| GST: | Brokerage is subject to 18% tax. |
| Opening charges for equity and commodity trading account: | ₹500 |
Notes:
- The brokerage for a HUF account is the same as that of an individual account, except for the equity delivery brokerage fee. However, increased compliance expenses result in higher account opening fees.
- When making an F&O order, ₹40 brokerage will be charged per executed order instead of ₹20 if the Zerodha account has a negative balance.