19 March 2024
1. Is HDFC Securities Mutual Fund Distributor? 2. Is HDFC Securities stock broking firm? 3. Does HDFC Securities (https://www.hdfcsec.com/) allows investors to invest in both direct plans and regular plans in Mutual funds? 4. What are the charges levied by HDFC Securities for transactions in Mutual funds and stock trading, like commission, brokerage fees, platform fees etc?
13 August 2025
1️⃣ Is HDFC Securities a Mutual Fund Distributor? Yes, HDFC Securities is a SEBI-registered Mutual Fund Distributor. They offer mutual fund investments through their platform. 2️⃣ Is HDFC Securities a Stock Broking Firm? Yes, HDFC Securities is a registered stock broker with NSE, BSE, and MCX. They provide trading and investment services in equities, derivatives, commodities, currency, etc. 3️⃣ Does HDFC Securities allow investment in both Direct and Regular Mutual Fund Plans? No. HDFC Securities only offers Regular Mutual Fund plans through their platform, not Direct plans. Direct plans can only be invested through AMCs’ own websites or platforms that offer direct plans. So, if you invest in mutual funds via HDFC Securities, you pay distributor commissions embedded in the expense ratio. 4️⃣ Charges levied by HDFC Securities Mutual Funds: No upfront commission charged to investors directly. But you invest in Regular plans with higher expense ratio (includes distributor commission). No separate platform or transaction fees. Some funds may have exit loads depending on AMC. Stock Trading: Brokerage Charges: Equity Delivery: Typically 0.5% per transaction (buy + sell) (can vary by plan). Equity Intraday & F&O: Brokerage rates may vary (usually fixed or percentage-based). Discount brokerage plans may offer lower rates. Account Maintenance Charges: Demat account AMC: Usually annual charges (~₹450 to ₹750/year depending on scheme). Trading account AMC: Sometimes free or nominal charges. Other Fees: Transaction charges (NSE/BSE fees, STT, GST) as applicable, passed on as per regulatory norms. Call & Trade charges if you place orders over phone. Margin interest on leveraged trades. Summary Table: Service Charges / Fees Mutual Funds Invest only in Regular Plans (expense ratio higher due to distributor commission) Equity Delivery ~0.5% brokerage per transaction (buy + sell) Equity Intraday/F&O Brokerage varies; fixed or percentage Demat Account AMC ₹450 - ₹750 per year (approximate) Trading Account AMC Usually nominal or zero Other Fees STT, GST, transaction fees as per exchange norms Official sources: HDFC Securities Website SEBI registration details (available on SEBI website)