Depository Participant (DP) charges are fees levied when you sell shares from your Demat account. These charges are applicable to equity delivery sell transactions and are not incurred during the purchase of shares or intraday trading.
Note
Per Scrip Basis: DP charges are applied per scrip (individual stock) sold on a particular day. For example, if you sell shares of two different companies on the same day, DP charges will be levied separately for each.
Breakdown of DP Charges:
DP Charges : ₹20 + GST
For Male: : CDSL: ₹3.5 Upstox: ₹16.5 and Total: ₹20.0 + GST
For Female: CDSL: ₹3.25 Upstox: ₹16.75 and Total: ₹20.0 + GST
For a comprehensive understanding of all charges associated with trading and Demat accounts, you can refer to Upstox's official brokerage charges page