What are the DP(depository)change mean?

The depository levies a charge known as the Depository Participant charge when shares are sold from a demat account. This charge amounts to ₹15 (₹5.50 by CDSL and ₹9.50 by ATS) plus 18% GST per day and per stock, irrespective of the quantity sold.

For example, if 50 shares of ACC are sold at 10:00 AM and another 50 shares are sold at 2:00 PM, the total DP charges for the day would be ₹15 plus 18% GST.

Similarly, if 50 shares of ACC are sold at 10:00 AM and 10 shares of Infosys are sold at 2:00 PM, the total DP charges for the day would amount to ₹30 plus 18% GST.

Did you know? DP charges are directly posted on the funds statement and do not appear on the contract note. See, Why are DP charges not shown in the contract note?