Ever wondered why your anticipated trade profit wasn't credited to your account or why your account is showing a negative fund balance? This article simplifies possible reasons this could happen. It covers factors like previous debit amounts, taxes, charges, pending settlements, and settlement holidays.

1. Previous debit amount

Your fund balance might be negative or would have been reduced due to various factors, including:

Trade-related charges (Taxes and charges) - If your profit falls short of expectations, review the taxes and charges debited in trade-related transactions. Access this information through the ledger report and the Profit and Loss report. For detailed insights, please refer here.

Trading transactions- Your account may have trading-related activities (buy and sell), which can be viewed under the Ledger Report

Payout (withdrawals) - Quarterly settlements and fund withdrawals. You can find additional information here

Account maintenance charges-The Annual Maintenance Charge (AMC) is a fixed yearly fee that is levied to maintain your Demat account. You can review these charges under Maintenance Charges and check for negative balances under Unpaid Charges in the Funds section.

KYC modification-Any modification to your account details—such as email, phone number, date of birth, nominee, or bank details—incurs a ₹50 charge.

In addition to brokerage and transaction fees, you may also encounter auto square-off and call & trade charges.

To know about auto square off charges, click here

For call and trade charges, click here

2. Other trade-related charges

Apart from brokerage and transaction charges, there are a few other trade-related charges you may come across while trading with Upstox. These include Pledge Charges, MTF Charges, CUSPA Charges, and Delayed Payment Charges (DPC).

Pledge charges

• Pledge charges are applicable when you pledge your shares to enhance your margin availability for Equity or F&O trading.

• Charges : ₹20 per pledge/unpledge request.

• You can view these charges under your Ledger Report in the Upstox app or web platform.

Click here to learn more.

MTF (Margin Trading Facility) charges

• Brokerage:0.1% or ₹20 per order (whichever is lower) Basic plan

• Pledge/Unpledge: ₹20 per stock per action + GST

• Interest: ₹20 per day for every ₹40,000 borrowed (applied slab-wise) Basic Plan

• Other penalties: Margin shortfall penalties and statutory charges as per SEBI/exchange regulations

Click here for detailed information

CUSPA charges (auto-pledged)

• If your account balance turns negative after purchasing shares, those shares are automatically moved to CUSPA (Client Unpaid Securities Pledge Account) and remain pledged until the payment is cleared.

• Upstox automatically pledges your purchased shares for the unpaid amount in your account.

• Charges : ₹50 + GST per pledge/unpledge request.

Click here to know more about CUSPA.

Delayed payment charges (DPC)

• A delayed payment occurs when your ledger or wallet balance with Upstox is in debit (negative).

• Interest is charged on such outstanding balances.

• Interest rate: 0.05% per day on the negative balance

Click here for detailed information.

Note: To avoid extra charges, ensure your account has sufficient funds before placing trades and monitor your ledger regularly.

3. Pending settlement

Understanding the settlement cycle is crucial for accurate fund tracking. For shares sold from your Demat account or T+1 (T1) holdings, the settlement follows the exchange-prescribed timeline.

Learn more about settlements here

4. Settlement holidays

During settlement holidays, it's possible that the sell amount from the previous day may not reflect in your account. However, it will be available on the next trading day.

Refer to the Ledger report to ascertain the amount and details.

5. Scheduled maintenance activity

Due to scheduled maintenance activity between 1:00 AM to 6:00 AM, there could be instances when your fund balance might not be accurate. Please check your balance after 6:00 AM for accurate information.

Note: All charges mentioned above apply to the Basic Brokerage Plan. To view details of the Upstox Plus Plan charges, please refer here for the Upstox Plus Plan