Sharekhan Review 2026
Full-service broker (Mirae Asset group) · May suit: Full-service support with branches
Sharekhan charges 0.30% on delivery, 0.02% on intraday (each side) and futures, and ₹39 per lot on options. Account opening is free and AMC is zero in year one, then ₹400 a year for non-BSDA accounts.
Fees checked on against the official pricing page.
At a glance
- Account opening
- ₹0
- AMC
- ₹400/yr (yr 2+)
- Delivery
- 0.30%
- Intraday
- 0.02%
- Futures
- 0.02%
- Options
- ₹39/lot
- DP charge
- Nil via Sharekhan
- MTF
- 18% p.a.
Overview
Sharekhan is a long-established full-service broker, now part of the Mirae Asset group. It charges percentage-based brokerage and offers research and branch support.
Its intraday and futures rate (0.02%) is low for a full-service broker, but delivery at 0.30% is expensive compared with flat-fee brokers on large orders.
Company & regulation
| Legal entity | Sharekhan Limited (Mirae Asset Sharekhan) |
|---|---|
| Founded | 2000 |
| Headquarters | Mumbai, Maharashtra |
| SEBI stock broker registration | INZ000171337 |
| Depository participant | IN-DP-365-2018 (NSDL & CDSL) |
| Account types | Individual, NRI, HUF, corporate |
| Products | Equity, F&O, commodity, currency, mutual funds, IPO, research |
Verify registration on SEBI's register of stock brokers.
Sharekhan charges
| Account opening | Free. |
|---|---|
| Demat AMC | Free in the first year; non-BSDA ₹400 per year after that. BSDA: nil for holdings up to ₹50,000 and ₹100 per year for ₹50,001–₹2 lakh (non-debt securities). |
| Equity delivery | 0.30%. |
| Equity intraday | 0.02% on each side. |
| Futures | 0.02%. |
| Options | ₹39 per lot. |
| Commodity | Commodity futures: 0.10% (one side). |
| DP charge (on selling delivery shares) | Broker-specific. Nil when the sale is made through Mirae Asset Sharekhan. Sales not made through Sharekhan (off-market or inter-depository) cost 0.03% of value, minimum ₹30 per transaction. |
| Margin trading (MTF) | 18% per year on the outstanding MTF debit balance. |
How Sharekhan counts the DP charge
- Rule
- Broker-specific
Nil when the sale is made through Mirae Asset Sharekhan. Sales not made through Sharekhan (off-market or inter-depository) cost 0.03% of value, minimum ₹30 per transaction.
Source: Mirae Asset Sharekhan – Pricing. Checked 30 September 2026. Compare every broker's rule in our DP charges guide.
Full fee schedule with sources
| Fee | Amount | Charged | Applies to | Source |
|---|---|---|---|---|
| Account opening | ₹0 | one-time | Resident individual | Mirae Asset Sharekhan – Pricing |
| Demat AMC – first year | ₹0 | first year | Resident individual | Mirae Asset Sharekhan – Pricing |
| Demat AMC | ₹400 a year | annual | Non-BSDA | Mirae Asset Sharekhan – Pricing |
| Demat AMC | ₹0 / ₹100 a year | annual | BSDA: nil up to ₹50,000 (non-debt); ₹100 for ₹50,001–₹2 lakh | Mirae Asset Sharekhan – Pricing |
| Brokerage – delivery | 0.30% (min 1 paisa/share) | of trade price | Resident individual | Mirae Asset Sharekhan – Pricing |
| Brokerage – intraday | 0.02% each side (min 1 paisa/share) | of trade price | Resident individual | Mirae Asset Sharekhan – Pricing |
| Brokerage – options (Equity F&O) | ₹39 | per lot, each side | Resident individual | Mirae Asset Sharekhan – Pricing |
| DP charge | Nil | sale through Sharekhan | Resident individual | Mirae Asset Sharekhan – Pricing |
| DP charge – other sales | 0.03% of value, min ₹30 | per transaction (off-market / IDT / not via Sharekhan) | Resident individual | Mirae Asset Sharekhan – Pricing |
| Margin pledge | ₹20 / ₹30 | per transaction (margin / MTF) | Resident individual | Mirae Asset Sharekhan – Pricing |
Statutory charges (STT, exchange transaction charges, SEBI fee, stamp duty) and 18% GST are extra. Estimate a full trade in the brokerage calculator.
Platforms & apps
Sharekhan offers its own mobile app and web trading, alongside a branch network.
- Mobile: Sharekhan app (Android, iOS)
- Web / desktop: Sharekhan web trading
Research, support & margin
Research
Sharekhan publishes research as a full-service broker. Research is not personalised advice.
Customer support
Full-service support with branches. Check Sharekhan's website for current channels.
Margin & MTF
Sharekhan's pricing page lists 18% per year on the outstanding MTF debit balance.
Pros & cons
Pros
- Full-service research and branch network
- Relatively low 0.02% intraday and futures rate for a full-service broker
- Free account opening; first-year AMC zero
Cons
- 0.30% delivery brokerage
- Options charged per lot (₹39)
- ₹400 non-BSDA AMC from year two
- Off-market and non-Sharekhan sales cost 0.03% (minimum ₹30) in DP charges
Who Sharekhan suits
Investors who value branch access and research and are comfortable with percentage brokerage.
May not suit
Cost-focused investors placing large delivery orders.
For beginners
Branch support can help first-time investors, but check how the 0.30% delivery rate adds up on your typical order size.
Ready to compare? Check Sharekhan's current charges on its official page before opening an account.
Visit Sharekhan websiteCompare Sharekhan
Frequently asked questions
What are Sharekhan's brokerage charges?
0.30% delivery, 0.02% intraday (each side) and futures, ₹39 per lot for options, and 0.10% for commodity futures.
What is Sharekhan's AMC?
Zero in the first year; ₹400 per year for non-BSDA accounts after that.
Is Sharekhan SEBI registered?
Yes. Sharekhan Limited is registered with SEBI as a stock broker under INZ000171337.
Sources
- Mirae Asset Sharekhan – Pricing — accessed 30 September 2026
- SEBI – register of stock brokers — accessed 30 September 2026
- SEBI press release: 93% of individual F&O traders incurred losses (FY22–FY24) — accessed 30 September 2026