Aditya Birla Money vs Karvy

Aditya Birla Money vs Karvy - side-by-side comparison . Compare Aditya Birla Money vs Karvy brokerage, charges, exposure margin, demat account. Read Aditya Birla Money vs Karvy review.

Detailed comparison Aditya Birla Money vs Karvy and find out which is better in Aditya Birla Money vs Karvy .

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Aditya Birla Money

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Trading Account Opening Fee ₹750 ₹650
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹436 ₹420
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Equity Delivery 0.30% 0.30%
Equity Intraday 0.03% 0.03%
Equity Future 0.03% 0.03%
Equity Options ₹50 ₹30 per lot
Currency Futures 0.03% 0.03%
Currency Options ₹50 ₹30 per lot
Monthly Fee NA NA
Commodity 0.03% 0.03%

Contact Broker

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Aditya Birla Money Ltd Karvy Stock Broking Ltd
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Equity Delivery ₹325 ₹325
Equity Intraday ₹325 ₹325
Equity Future * ₹190 ₹230
Equity Options * ₹5000 ₹5500
Currency Futures * ₹110 ₹325
Currency Options ₹4000 -

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Minimum Brokerage 0.03% 0.01%
Call & Trade Rs 0 Yes
Stamp Duty * Charges as per the state of residence State wise
DP Charges (on sell side) ₹22.50 per scrip -
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Trading Platform OMNESYS NEST Trading Terminal, Mobile App, Express Trade OMNESYS NEST - Web, Trader, KarvyOnline mobile app
Placing orders through charts Yes No
Trading Alerts Yes No
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No No
Unique features & Offers Insurance and Pension schemes aviable Ask the expert, The Finapolis
Referral Program NA NA

Demat Account Charges

Find charges for the best Demat Account for small investors

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Depository Service Provider CDSL CDSL & NSDL
Account Opening Fee ₹750

Nil

Advance Deposit ₹1500 (Lifetime AMC Scheme)

Nil

AMC

Normal Scheme: ₹450 p.a. for Individuals and for Corporates ₹1000 p.a.

Basic Service Demat Account (BSDA) Account: Nil for holding below ₹50,000, Holding from ₹50,001 to ₹200,000 AMC of ₹100 p.a., Holding above ₹200,000 will be charge as applicable to Normal Demat Account.

Lifetime AMC Scheme (₹1500 one time): Nil

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

Dematerialisation Charges

Normal Scheme: ₹5.60 per certificate plus ₹40 courier charges.

BSDA Account: ₹25 per certificate plus ₹50 courier charges.

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Rematerialisation Charges

Normal Scheme: A flat fee of ₹11.20 per certificate or ₹15 for every hundred securities or part thereof, whichever is higher plus ₹40 courier charges.

BSDA Account: A flat fee of ₹25 per certificate or ₹25 for every hundred securities or part thereof, whichever is higher plus ₹50 courier charges.

₹20 for every 100 securities or ₹20 per certificate whichever is higher

Transaction Charges (Credit) - -
Transaction Charges (debit)

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

Normal Scheme: ₹30 per ISIN

Lifetime AMC Scheme: ₹20 per ISIN

BSDA Account: ₹75 per ISIN (Market /Off Market)

For External Broker:

Normal Scheme: ₹30 or 0.03% on value of securities whichever is higher

Lifetime AMC Scheme: ₹30 or 0.03% on value of securities whichever is higher

BSDA Account: Minimum ₹75 per ISIN or 0.05% on value of securities whichever is higher.

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

Pledge Creation Charges

₹16.50 per ISIN

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Creation Confirmation Charges

₹50 per ISIN (for BSDA Accounts, ₹100 per ISIN)

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Invocation Charges

₹16.50 per ISIN (for BSDA Accounts, ₹100 per ISIN)

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Failed Instruction Charges -

₹100 per instruction

Other Charges

₹50 for re-issuance of DIS Booklet.

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Basic Details

Basic Details of Brokers

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Year of Incorporation 1994 1990
Active Exchange Memberships NSE, BSE, MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL
Website https://www.adityabirlamoney.com www.karvyonline.com
Contact Details 18003002999 18004258283
Total Number of Clients 50,000+ 2,60,000+
Total Number of Branches 800 460+ branch offices

Charts and Data

Charts and Data

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 50+ 64+
No.of charts can be opened 5 4
Live Scanners Yes Yes
Customizable screeners No No
Trading from charts No No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts No Yes
Intraday historical data for charts 21 days Yes
End of Day historical data for charts 10 years Yes
Corporate action adjusted charts No No
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No No
Price Ladder No No

Leverage

Leverage

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Cover Orders (CO) No Yes
Bracket orders / One Cancels Other (BO / OCO) No Yes
After Market Orders (AMO) No Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Aditya Birla Money Ltd Karvy Stock Broking Ltd
I-decide Plan Retail Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.1,00,000 Rs.25,000 to Rs.50,000

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Aditya Birla Money Ltd Karvy Stock Broking Ltd
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