No, average purchase cost which reflects under smallcase > investments section does not include the brokerage. Hence the total as well as individual smallcase wise returns reflecting under smallcase tab will be excluding the brokerage and other statutory charges paid by you. For exact profit and loss details, you should refer to the Profit and Loss statement and the Capital gain/loss statement under the AxisDirect Portfolio tab. 

Click Here to know how to view & download the Profit and Loss and the Capital Gain statement on the RING Mobile app and the Swift Trade Platform.

END