Charges at a glance
About Univest
Univest is operated by Univest Stock Broking Private Limited, registered with SEBI as a stockbroker (INZ000317437) with membership on NSE, BSE and MCX, and as a depository participant with NSDL (IN-DP-779-2024). The company's registered office is in Gandhinagar, Gujarat, with a corporate office in Gurugram, Haryana, and its platform reports over a crore of users.
Univest positions itself as an "advisory-first" broker: its sister entity Uniresearch Global Private Limited is a SEBI-registered Research Analyst (INH000013776) whose stock, F&O and commodity picks can be executed with one tap directly inside the Univest app. Equity delivery and direct mutual fund investing are free of brokerage, while intraday and F&O trades are charged a flat ₹20 per executed order, alongside features like GTT orders, portfolio trend analysis and screeners.
Platforms
Univest App
Mobile-first trading and investing app for equity, F&O, commodities and mutual funds, with one-tap execution of SEBI-registered advisory picks.
Univest Pro
Subscription advisory layer with Buy/Sell/Hold calls across 2,000+ stocks, options strategies and curated wealth baskets from SEBI-registered analysts.
Screeners & Portfolio Tools
25+ built-in screeners, AI-driven portfolio trend analysis, GTT orders and the ability to link existing demat accounts for buy/sell/hold alerts.
Regulatory & statutory charges
Besides brokerage, every trade attracts STT/CTT, exchange transaction charges, SEBI charges, GST and stamp duty. These are fixed by the government/exchanges and are the same across brokers.
Calculate the exact charges for any trade upfront using our brokerage calculator.
Equity
| Charge | Equity delivery | Equity intraday | F&O – Futures | F&O – Options |
|---|---|---|---|---|
| Brokerage | ₹0 — free delivery | Flat ₹20 per executed order | Flat ₹20 per executed order | Flat ₹20 per executed order |
| STT/CTT | 0.1% on buy & sell | 0.025% on sell side | 0.05% on sell side | 0.15% on sell side (premium) |
| Transaction charges | NSE 0.00297% / BSE ~0.00375% | NSE 0.00297% / BSE ~0.00375% | NSE 0.00173% / BSE 0% | NSE 0.03503% / BSE 0.005–0.0325% (on premium) |
| SEBI charges | ₹10 / crore | ₹10 / crore | ₹10 / crore | ₹10 / crore |
| Stamp duty | 0.015% (buy side) | 0.003% (buy side) | 0.002% (buy side) | 0.003% (buy side) |
| GST | 18% on (brokerage + SEBI charges + transaction charges) | |||
Currency & commodity
Univest holds MCX membership and offers commodity futures & options at the same flat ₹20 per executed order as its equity F&O brokerage. Currency derivatives are not a core focus of the platform — check current segment availability in the app before trading.
Mutual funds
- Direct mutual fund investing is available through the Univest app at ₹0 brokerage/commission, alongside equity, F&O and IPO applications.
- Stamp duty of 0.005% applies on the purchase (buy) side of mutual fund units, as mandated by the government.
- STT of 0.001% applies only on redemption (sell) of equity-oriented mutual fund units.
Charges for account opening
| Type of account | Charges |
|---|---|
| Individual account (resident) | free |
| Minor account | free |
| NRI account | free |
| HUF, Partnership & Corporate accounts | free |
Demat AMC (Annual Maintenance Charge)
Univest is registered as an NSDL depository participant, and follows the standard first-year-free AMC structure common to NSDL DPs — always confirm the current tariff in the app before opening, since AMC schedules can change:
By account type
| Account type | AMC |
|---|---|
| Individual (resident), first year | free (₹0) |
| Individual (resident), from year 2 | ₹300 + GST/year (approx.) |
| BSDA-eligible accounts (holdings up to ₹4 lakh) | ₹0, per SEBI's BSDA rules |
NRI, HUF and corporate accounts typically attract a higher AMC than resident individual accounts — check the current schedule on the platform for your account type.
Penalties & other charges
Charges that apply only in specific situations — good to know upfront so nothing catches you off guard.
Penalties
Other charges
Pros & cons
What users like
- SEBI-registered research picks (Uniresearch, RA INH000013776) can be executed in one tap, without leaving the app or a separate broker
- ₹0 brokerage on equity delivery and on direct mutual fund investing
- ₹0 account opening charges, with fast digital KYC and account activation in 24–48 hours
- Flat ₹20 per executed order on intraday and F&O, plus 25+ screeners, portfolio trend analysis and GTT orders bundled in
What to watch for
- The advisory-first design pushes paid Pro subscriptions and recommended trades, which may not suit traders who prefer a purely self-directed platform
- AMC applies from the second year onward, unlike brokers offering lifetime-free demat accounts
- Currency derivatives and standalone commodity-only trading are more limited than at dedicated multi-segment discount brokers
Read what customers say about Univest
Overall rating 5.0/5 based on 1 customer reviews — or share your own experience.