Schedule of Fees

Schedule of Fees

 

COLLECTION

S. #

Name

Rate

Basis

Levied on

When

Mode

1a.

  • Initial Deposit Fee
  • for Shares
  • for TFCs*
  • for WAPDA Bonds**
  • for Units***
  • For Rights Entitlements (unpaid rights)

 

Re. 0.01
Nil
Nil
Re. 0.01
Re. 0.01

(Note 1)
Per share deposited


Per Unit deposited
Per Right Entitlement deposited

Investor Account Holder
(Individuals as well as other than Individuals)

To be collected in advance

Cash/P. O./D.D/
Credit Voucher/Cheque

1b.

Re. 0.025

Per share/ unit of TFC/WAPDA Bond/Unit/ Right Entitlement deposited
(Note 2)

Investor Account Holder
(Individuals as well as other than Individuals)

To be collected in advance

-do-

2.

Transaction Fee

  • For Share
  • For TFCs*
  • For WAPDA Bond**
  • for Units***
  • For Rights Entitlements (unpaid rights)

 

0.004%
0.004%
0.004%
0.004%
0.004%

(Note 6)

Market value per transaction****
Market value per transaction****
Market value per transaction****
Quoted or offer price per transaction****
Market value per transaction****

Investor Account Holder
(Individuals as well as other than Individuals)

To be collected in advance

-do-

3.

Custody Fee

  • For Share
  • For TFCs*
  • For WAPDA Bond**
  • for Units***
  • On Blocked Securities
  • For Major Shareholders
  • For Rights Entitlements (unpaid rights)

 

0.010125%. p.a
0.0084375% p.a.
0.0084375% p.a.
0.0084375% p.a.
0.003375% p.a.
0.003375% p.a.
Nil

(Note 3)
Market value
Market value
Market value
Quoted or offer price
Market value
Market value

Investor Account Holder
(Individuals as well as other than Individuals)

To be collected in advance
(calculated on daily basis)

-do-

4.

Annual Fee

  • For Individuals
  • For other than Individuals

 

Rs. 750 …
Rs. 2,000

Fixed annually
per account

Investor Account Holder
(Individuals as well as other than Individuals)

Annually in advance

-do-

5.

Redemption Fee

  • For Units***

Nil

6.

Withdrawal Fee

  • For Share
  • For TFCs*
  • For WAPDA Bond**
  • for Units***
  • For Rights Entitlements (unpaid rights)

 

Re. 0.10
Rs. 50
Rs. 50
Nil
Re. 0.10

(Note 4)
Per share
Per unit of TFC*
Per WAPDA Bond**

Per Right Entitlement

Investor Account Holder
(Individuals as well as other than Individuals)

To be collected in advance

-do-

7.

Rights Subscription Request Fee

Re. 0.0020

Per Right Entitlement subscribed
(Note 5)

Investor Account Holder
(Individuals as well as other than Individuals)

To be collected in advance

Cash/P. O./D.D/
Credit Voucher/Cheque

8

Account Statement Fee

Rs. 50

Per statement in physical form

Investor Account Holder
(Individuals as well as other than Individuals)

Upon request

Cash

9

Pledge Call Fee

  • For Share
  • For TFCs*
  • For WAPDA Bond**
  • for Units***
  • For Rights Entitlements (unpaid rights)

 

0.006%
0.006%
0.006%
0.006%
Nil

 

Market value per transaction****
Market value per transaction****
Market value per transaction****
Market value per transaction****
Quoted or offer price per transaction****

Investor Account Holder
(Individuals as well as other than Individuals)

To be Collected in Advance

Cash/P.O/D.D/Credit Voucher/Cheque

10

DSS Fee

0.1%

Transaction Value
(Note 7)

Investor Account Holder
(Individuals as well as other than Individuals who have subscribed to DSS)

To be collected in advance

Online Transfers/
Pay Order/
Demand Draft/
Credit Voucher/ Cheque

*                   Unit of TFC as defined by The Pakistan Stock Exchange Limited
**                The denomination of each WAPDA Bond is Rs 5,000 as prescribed by WAPDA.
***              Units of open-end mutual funds
****           Closing market value of last trading session of every trading day at the Pakistan Stock Exchange Limited. Basis for calculating transaction fee for unlisted securities shall be the face value of such securities.

Notes:

  • Initial Deposit Fee owing to any privatization by the Government of Pakistan shall be 50% of applicable fee for Privatization Commission and State Bank of Pakistan.
  • Subject to a minimum charge of Rs. 20 per security. Courier charges shall be recovered from the Investor-Accountholder on actual basis. Securities Deposit Processing Fee owing to any privatization by the Government of Pakistan shall be nil for Privatization Commission and State Bank of Pakistan.
  • Closing market value of last trading session of every trading day at The Pakistan Stock Exchange Limited Basis for calculating custody fee for un-listed securities shall be the face value of such securities. Basis for calculating custody charges shall be the quoted or offer price of units prevailing on every trading day . Reduced custody fee is charged on Book-entry Securities remain under blocked position in the IAS Accounts in the CDS pursuant to the directive of statutory or governmental body or those held by State Bank of Pakistan on behalf of Government of Pakistan. Custody fee shall be waived in full where the Issuer goes under Liquidation (except voluntarily), Receivership or court-appointed Managership or equivalent form of Administration. Custody fee shall be charged at a reduced rate in respect of Book-entry Securities held in the CDS in blocked status pursuant to any statutory or regulatory requirements and to the major shareholders of any Issuer of CDS Eligible Securities holding 10% or more of the issued capital in a single Investor Account:
  • Courier charges to be recovered from the Investor-Accountholder on actual basis on Redemption and Withdrawal of Units.
  • The minimum and maximum fee per Right Subscription Request Transaction shall be Rs. 10 and Rs. 100,000 respectively.
  • On all IAS Transactions – Levied on both delivery and receipt. The minimum and maximum fee shall be Rs.5 and Rs.50,000 respectively.
  • The DSS Fee will be charged per transaction at the rate mentioned above subject to a minimum Fee of Rs. 2,500 per annum, to be charged in the following manner:
  • For transactions made on Ready Market, the fee shall be charged on the basis of transaction value per transaction;
  • For transactions made on Negotiated Deals Market (NDM), the fee shall be charged per transaction on the basis of transaction value or closing market value of last trading session of every trading day at The Pakistan Stock Exchange Limited, whichever is higher.
  •   Subject to the condition that annual fee shall be waived for the first year of opening of Investor Account.                                                                                                                                                       

UPDATED: JULY 2016