About the Futures P&L Calculator
What is the Futures P&L Calculator?
This futures P&L calculator works out gross profit or loss from your entry, exit and lots, then deducts every charge – brokerage, 0.02% STT on the sell side, exchange transaction charges, SEBI fee, stamp duty and GST.
It shows the net result, the return on the margin you used and the points needed just to cover costs.
How to use the Futures P&L Calculator
- Position (sample: Long (buy first))
- Entry Price (₹) (sample: 25,000)
- Exit Price (₹) (sample: 25,200)
- Lot Size (sample: 75)
- Lots (sample: 1)
- Margin (% of contract value) (sample: 12)
- Press Calculate Futures P&L (results also refresh as you type). The result card shows the Net Profit / Loss, along with Gross P&L, Total charges, Return on margin and Points needed to cover charges.
Formula used
Net P&L = (Exit − Entry) × Lot size × Lots × Direction − Charges
- Direction = +1 for long, −1 for short
F&O profit is non-speculative business income, taxed at your slab rate. SEBI studies found that about 9 in 10 individual F&O traders lose money. Trade only with money you can afford to lose.
Worked example
These are the sample values already filled in the calculator above, and the result it returns for them:
| Input | Sample value |
|---|---|
| Position | Long (buy first) |
| Entry Price (₹) | 25,000 |
| Exit Price (₹) | 25,200 |
| Lot Size | 75 |
| Lots | 1 |
| Margin (% of contract value) | 12 |
| Result | Value |
|---|---|
| Net Profit / Loss | ₹14,456 |
| Gross P&L | ₹15,000 |
| Total charges | ₹544 |
| Return on margin | 6.42% |
| Points needed to cover charges | 7.25 |
| Tax treatment | F&O profits are non-speculative business income, taxed at slab rates |
Charges on NSE trades
| Charge | Delivery | Intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% buy & sell | 0.025% sell | 0.02% sell | 0.1% of premium, sell |
| NSE transaction charge | 0.00297% | 0.00297% | 0.00173% | 0.03503% of premium |
| Stamp duty (buy side) | 0.015% | 0.003% | 0.002% | 0.003% |
| SEBI fee | ₹10 per crore of turnover | |||
| GST | 18% on brokerage + transaction charges + SEBI fee | |||
Rates effective from 1 October 2024.
Tips for using the Futures P&L Calculator
- F&O traders must maintain books and may need a tax audit if turnover is large.
- Losses can be set off against other non-salary income and carried forward for 8 years.