Once you own real NEPSE shares — an IPO allotment here, a secondary buy there, a bonus issue, a right share — it gets surprisingly hard to answer three simple questions: what is my portfolio worth right now, what did it really cost, and what would I actually keep if I sold? This guide shows how to track a NEPSE portfolio properly, from WACC to capital gains tax, with a worked example you can check by hand.
What is WACC, and why does it matter?
WACC — the weighted average cost per share — is the number NEPSE investors use as their true purchase price. If you bought the same scrip several times at different prices, WACC blends them by quantity. It is also what your capital gains are measured against when you sell.
For each purchase, the cost is:
- Price × kitta — the transaction amount;
- plus broker commission on that amount;
- plus the SEBON fee (0.015%);
- plus the DP charge (Rs. 25 per scrip) where it applies.
WACC = total cost of the kitta you still hold ÷ that kitta. Bonus, right, IPO and auction shares enter at the cost you record for them.
Broker commission slabs
Commission is a percentage of the transaction amount that falls as the amount grows. The rates commonly configured (always confirm with your broker, because rates can change):
| Transaction amount | Commission |
|---|---|
| Up to Rs. 50,000 | 0.36% |
| Rs. 50,001 – 5 lakh | 0.33% |
| Rs. 5 lakh – 20 lakh | 0.31% |
| Rs. 20 lakh – 1 crore | 0.27% |
| Above Rs. 1 crore | 0.24% |
A minimum commission of Rs. 10 applies per transaction. On top of that come the SEBON fee (0.015% of the amount) and the DP charge (Rs. 25).
Capital gains tax (CGT)
When you sell at a profit, capital gains tax is deducted at settlement on the gain after fees. For individual investors the rates are 7.5% if you held the shares for 365 days or less and 5% if you held them longer. Your broker's bill shows the exact amount; any tracker can only estimate it.
A worked example
You buy 100 kitta at Rs. 500 and sell them 200 days later at Rs. 600.
- Buy: amount Rs. 50,000 + commission 0.36% (Rs. 180) + SEBON fee (Rs. 7.50) + DP charge (Rs. 25) = total cost Rs. 50,212.50, so your WACC is Rs. 502.13, not Rs. 500.
- Sell: amount Rs. 60,000 − commission 0.33% (Rs. 198) − SEBON fee (Rs. 9) − DP charge (Rs. 25) = you receive Rs. 59,768.
- Gain after fees: Rs. 59,768 − Rs. 50,212.50 = Rs. 9,555.50.
- CGT at 7.5% (held 200 days): Rs. 716.66, leaving a profit after tax of Rs. 8,838.84 — not the Rs. 10,000 the price difference suggests.
Realised vs unrealised profit
Unrealised P&L is what your open holdings would make if you sold now, at today's price. Realised P&L is what you have already locked in on shares you sold. Keep them apart: an unrealised gain can vanish tomorrow, a realised one has already been taxed.
Keep a simple record
You do not need special software to get this right — a spreadsheet works. For every purchase note the date, kitta, price, type (IPO, secondary, bonus, right) and the fees you paid; for every sale, note which lots you sold and the fees and tax deducted. Your broker's bill and your MeroShare transaction history are the sources to check against, and they are what counts if a figure ever disagrees. Nothing here is investment or tax advice.
Key takeaways
- WACC includes broker commission, the 0.015% SEBON fee and the Rs. 25 DP charge — not just price × kitta.
- Commission falls by slab: 0.36% up to Rs. 50,000 down to 0.24% above Rs. 1 crore (minimum Rs. 10).
- Capital gains tax is 7.5% if held 365 days or less and 5% if longer, on the gain after fees.
- Keep realised and unrealised P&L apart.
- Check every figure against your broker bill and MeroShare history.
Practise before you risk a rupee
Try your ideas in the ShareRocketPro practice market first — every NEPSE scrip, Rs. 10,000 practice money, open 24/7.
