Why is the DP charge applied for Buy Today Sell Tomorrow (BTST) trades?
Why is the DP charge applied for Buy Today Sell Tomorrow (BTST) trades? Find a clear answer in this FAQ by 021 Trade.
In BTST (Buy Today, Sell Tomorrow) transactions, shares are first credited to and then debited from the client’s demat account. Since the shares move out of the demat account, DP (Depository Participant) charges are applicable.
The standard DP charge is ₹13 + GST per day per scrip and it applies regardless of the number of shares sold in overnight equity trades.
