Networth Direct vs Karvy

Networth Direct vs Karvy - side-by-side comparison . Compare Networth Direct vs Karvy brokerage, charges, exposure margin, demat account. Read Networth Direct vs Karvy review.

Detailed comparison Networth Direct vs Karvy and find out which is better in Networth Direct vs Karvy .

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Networth Direct

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Trading Account Opening Fee ₹149 ₹650
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹420
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Equity Delivery 0.10% to 0.30% 0.30%
Equity Intraday 0.05% to 0.03% 0.03%
Equity Future 0.05% to 0.03% 0.03%
Equity Options ₹25 to ₹60 per lot ₹30 per lot
Currency Futures 0.05% to 0.03% 0.03%
Currency Options ₹25 to ₹60 per lot ₹30 per lot
Monthly Fee NA NA
Commodity 0.05% to 0.03% 0.03%

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Networth Stock Broking Ltd Karvy Stock Broking Ltd
Contact / Request Call Back

Transaction Charges (Per Crore)

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

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Equity Delivery BSE: ₹325; NSE: ₹275 ₹325
Equity Intraday ₹325 ₹325
Equity Future * NSE: ₹190; BSE: ₹50 ₹230
Equity Options * ₹6500 ₹5500
Currency Futures * ₹115 ₹325
Currency Options ₹4000 -

Other Charges

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

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Minimum Brokerage 5 Paisa per share 0.01%
Call & Trade - Yes
Stamp Duty * Charges as per the state of residence State wise
DP Charges (on sell side) ₹15 per scrip -
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Trading Platform Fast 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 - Ask the expert, The Finapolis
Referral Program - NA

Demat Account Charges

Find charges for the best Demat Account for small investors

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Depository Service Provider CDSL and NSDL CDSL & NSDL
Account Opening Fee Nil

Nil

Advance Deposit Deposit Rs. 2,500/- (Refundable)

Nil

AMC Rs. 400/- p.a; BSDA: Rs. 100/- (If value of holding is between 50001 to 200000)

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 Rs. 5/- Per Certificate with min Rs. 40/- Per request + Rs. 45/- Courier Charges pr request

₹5 per certificate + ₹40 for courier charges;

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

Rematerialisation Charges Rs. 45/- Postage Charges + Rs. 10/- Per 100 Securities / Rs. 20/- Per Certificate whichever is higher, Maximum Rs 500000

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

Transaction Charges (Credit) - -
Transaction Charges (debit) Regular: Rs. 12, BSDA: Rs. 25

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 Rs. 50/- Per Instruction

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

Pledge Creation Confirmation Charges Nil

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

Pledge Invocation Charges Rs. 25/- Per Instruction

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

Failed Instruction Charges Nil

₹100 per instruction

Other Charges Freeze-De-Freeze: Rs.50/-

₹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

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Year of Incorporation 1993 1990
Active Exchange Memberships NSE, BSE, MCX NSE, BSE, MCX
Demat Services NSDL and CDSL NSDL & CDSL
Website https://www.mnclgroup.com/ www.karvyonline.com
Contact Details (+91) 79-26666500 18004258283
Total Number of Clients 2,47,900+ 2,60,000+
Total Number of Branches 71 460+ branch offices

Charts and Data

Charts and Data

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup 5 Yes
No.of indicators 17+ 64+
No.of charts can be opened 5 4
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart - No
Options charts - Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes Yes
End of Day historical data for charts Yes Yes
Corporate action adjusted charts Yes No
Back Testing No No
Options Chain Yes Yes
Heat Maps - Yes
Analytics - No
Price Ladder - No

Leverage

Leverage

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Networth Stock Broking Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.75,000 to Rs.2 Lakh Rs.25,000 to Rs.50,000

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Networth Stock Broking Ltd Karvy Stock Broking Ltd
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