Sharekhan vs Karvy

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

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

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Sharekhan

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Trading Account Opening Fee ₹0 ₹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

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Equity Delivery 0.50% 0.30%
Equity Intraday 0.10% 0.03%
Equity Future 0.10% 0.03%
Equity Options ₹100 per lot ₹30 per lot
Currency Futures 0.10% 0.03%
Currency Options ₹30 per lot ₹30 per lot
Monthly Fee NA NA
Commodity 0.10% 0.03%

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Sharekhan Karvy Stock Broking Ltd
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Transaction Charges (Per Crore)

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

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Equity Delivery NSE ₹325 | BSE ₹275 ₹325
Equity Intraday NSE ₹325 | BSE ₹275 ₹325
Equity Future * NSE ₹190 | BSE ₹50 ₹230
Equity Options * NSE ₹5000 | BSE ₹50 ₹5500
Currency Futures * NSE ₹135 | MCX ₹130 ₹325
Currency Options NSE ₹4220 | MCX ₹3220 -

Other Charges

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

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Minimum Brokerage 5 paise per share 0.01%
Call & Trade ₹0 Yes
Stamp Duty * Charges as per the state of residence State wise
DP Charges (on sell side) Rs 0 -
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Trading Platform TradeTiger Terminal, Sharekhan Website and Mobile App 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 Yes No
Unique features & Offers Pattern finder,Class room training Ask the expert, The Finapolis
Referral Program No NA

Demat Account Charges

Find charges for the best Demat Account for small investors

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Depository Service Provider CDSL CDSL & NSDL
Account Opening Fee

Actual Stamp Paper Charges

Nil

Advance Deposit

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

Nil

AMC

Scheme A: ₹400,
Scheme B: ₹500,
Scheme C: ₹350,
Scheme D: Nil,
Scheme E: ₹100,
Scheme F: ₹500,
Scheme H: ₹1000,
Scheme G: Nil(holding Value <= ₹50000) or 100(holding Value from ₹50001 to ₹200000)or 400(holding Value >₹200000)

Scheme A, C, E & H: Free for the 1st Year.

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

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

₹5 per certificate + ₹40 for courier charges;

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

Rematerialisation Charges

₹50 per certificate or ₹50 for every hundred securities

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

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

Scheme A & B: Sales through Sharekhan: ₹0 Else 0.03% of value of tran(min ₹30),

Scheme C & D: Sales through Sharekhan ₹6 Per tran Else 0.03% of value of tran(min ₹30),

Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min ₹29, H:min ₹30) Else 0.03% of value of tran(min ₹49),

Scheme F: 0.03% of value of tran(min ₹30),

Scheme G: 0.03% of value of tran(min ₹49)

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

0.03 % of the value of the Transaction (Min ₹100 per transaction)

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

Nil

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

Failed Instruction Charges

Nil

₹100 per instruction

Other Charges
  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G

₹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

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Year of Incorporation 2000 1990
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX
Demat Services CDSL NSDL & CDSL
Website http://www.sharekhan.com www.karvyonline.com
Contact Details 022-61150000 18004258283
Total Number of Clients 5,04,796+ 2,60,000+
Total Number of Branches 2900 460+ branch offices

Charts and Data

Charts and Data

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Live data source Yes NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes Yes
No.of indicators 30+ 64+
No.of charts can be opened 10 4
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts Yes No
Compare Symbol performance on Chart No No
Options charts Yes Yes
Continuous futures charts Yes Yes
Intraday historical data for charts 30 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

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Cover Orders (CO) Yes Yes
Bracket orders / One Cancels Other (BO / OCO) Yes Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Sharekhan Karvy Stock Broking Ltd
Classic Account Retail Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.50,000 Rs.25,000 to Rs.50,000

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Sharekhan Karvy Stock Broking Ltd
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