ICICI’s Target Investment Plan (TIP)

Target Investment Plan (TIP) is an innovative and intelligent investment strategy that works similar to a Systematic Investment Plan (SIP) in terms of a regular periodic investment, but differs in the amount invested in each installment. You can start your TIP by setting a Target amount and expected rate of return over a period of time. Let us take an example to understand the concept. Assume you have chosen Rs. 3 Lac as Target to be achieved in 24 months with an expected return of 9%. The average monthly amount required to achieve the target would be Rs. 11,500 every […]

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ICICIDirect Trading Brokerage Charges for Secure Plan

  · I – Secure Plan Thursday, October 27, 2011 Brokerage In Cash Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Second Leg Of Intraday Trades Effective Brokerage on Intraday Squareoff Irrespective of turnover 0.55 Nil 0.275% Service Tax (ST), Securities Transaction Tax (STT), SEBI turnover charges ,Transaction Charges(inclusive of Service tax) and Stamp duty will be charged in addition to brokerage as follows: · Service Tax (ST) will be charged at 10.30% on total value of brokerage. · Securities Transaction Tax (STT) at 0.125% on turnover. · SEBI turnover charges at 0.0001% on turnover. · Transaction Charges will be […]

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ICICIDirect Trading Brokerage Charges

· I – Saver Plan Thursday, October 27, 2011 Brokerage In Cash Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Second Leg Of Intraday Trades Effective Brokerage on Intraday Squareoff Above Rs. 5 Crores 0.25 Nil 0.125% Rs.2 Crores to 5 Crores 0.30 Nil 0.150% Rs.1 Crores to 2 Crores 0.35 Nil 0.175% Rs.50 Lakhs to 1 Crores 0.45 Nil 0.225% Rs.25 Lakhs to 50 Lakhs 0.55 Nil 0.275% Less than Rs.25 Lakhs 0.75 Nil 0.375% Service Tax (ST), Securities Transaction Tax (STT), SEBI turnover charges ,Transaction Charges(inclusive of Service tax) and Stamp duty will be charged in addition to […]

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