How we work
How the numbers are made
Every figure on BrokerWisely should be checkable. This page explains where each kind of number comes from, how it is calculated, how often it refreshes, and what happens when something is wrong.
Four categories of sourcing
Facts on this site are drawn from four categories, and every article states which of them it relies on:
Official offer documents.
For IPOs: the issue price band, lot size, dates, objects of the issue, promoter details and financials come from the company's own offer papers.
Public exchange disclosures.
Subscription figures, listing outcomes and corporate announcements that the exchanges publish for everyone.
Officially published fund data.
Scheme names, categories, NAVs and the attributes that fund houses and industry bodies publish about every scheme.
Computed in-house.
Charge breakdowns, cost comparisons and what-if projections produced by our own calculation engine from published rate schedules and statutory rates.
The charge engine
Every rupee figure in the charge comparison, the broker simulations and the True Cost Receipt comes from one shared calculation engine. It encodes the statutory rates (STT, exchange transaction charges, the SEBI turnover fee, stamp duty and GST) and each broker's published fee schedule, and applies them the way a contract note does. There is no per-page arithmetic, so the same trade always produces the same breakdown everywhere on the site.
Broker fee schedules are verified against each broker's official pricing page and carry a last verified date, currently 13 Jul 2026, which is also shown in the footer. Rates change from time to time; the contract note your broker issues is always the final word.
Mutual fund data
The fund catalog lists schemes with factual attributes only: name, fund house, SEBI category, plan and the category's typical risk band. NAVs and derived return figures refresh on a schedule from officially published fund data. The catalog is neutral and unranked: funds appear alphabetically or grouped by category, never ordered by any opinion of quality, and no score or star rating exists anywhere on the site. A full crawlable list is at all funds A to Z.
IPO data
The IPO board tracks each issue's dates, price band, lot size and subscription facts from official offer documents and public exchange disclosures. Where a grey market premium is shown, it is presented as an unofficial, informal indicator that is not a prediction of the listing price, and it is never used to suggest applying or not applying.
Freshness and review
Scheduled refresh.
Live data (NAVs, IPO states, subscription figures) updates through automated jobs on a fixed schedule, and each dataset records when it last changed.
Checked before publishing.
Articles are verified against the underlying data before they appear; a claim that cannot be traced to one of the four sourcing categories does not ship.
Honest timestamps.
Page dates reflect when the facts last changed, not when the page was rebuilt.
What we never publish
No recommendations, no buy or sell calls, no target prices, no return forecasts, no rankings of brokers, funds or shares, and no assured-return language. Where an educational tool needs an assumed growth rate, you set the assumption yourself and the output is labelled a what-if, not a forecast. The full rules are in the editorial policy.
Corrections
If a figure on this site does not match the official document it describes, that is a bug and we want to know. Write to the contact email in the footer with the page link and the official figure; verified corrections are applied to the data itself, so every page that uses the number updates together.
See the numbers yourself
Educational · Not investment advice. Charges, tax rates and scheme details change from time to time. Treat every figure here as an educational explainer and confirm current values against the official schedule, offer document or scheme document before acting.