Sharekhan vs Networth Direct

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

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

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Sharekhan

Networth Direct

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Trading Account Opening Fee ₹0 ₹149
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹400 ₹400
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Equity Delivery 0.50% 0.10% to 0.30%
Equity Intraday 0.10% 0.05% to 0.03%
Equity Future 0.10% 0.05% to 0.03%
Equity Options ₹100 per lot ₹25 to ₹60 per lot
Currency Futures 0.10% 0.05% to 0.03%
Currency Options ₹30 per lot ₹25 to ₹60 per lot
Monthly Fee NA NA
Commodity 0.10% 0.05% to 0.03%

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Sharekhan Networth Stock Broking Ltd
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Transaction Charges (Per Crore)

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

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Equity Delivery NSE ₹325 | BSE ₹275 BSE: ₹325; NSE: ₹275
Equity Intraday NSE ₹325 | BSE ₹275 ₹325
Equity Future * NSE ₹190 | BSE ₹50 NSE: ₹190; BSE: ₹50
Equity Options * NSE ₹5000 | BSE ₹50 ₹6500
Currency Futures * NSE ₹135 | MCX ₹130 ₹115
Currency Options NSE ₹4220 | MCX ₹3220 ₹4000

Other Charges

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

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Minimum Brokerage 5 paise per share 5 Paisa per share
Call & Trade ₹0 -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) Rs 0 ₹15 per scrip
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Trading Platform TradeTiger Terminal, Sharekhan Website and Mobile App Fast trade
Placing orders through charts Yes Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes No
Unique features & Offers Pattern finder,Class room training -
Referral Program No -

Demat Account Charges

Find charges for the best Demat Account for small investors

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Depository Service Provider CDSL CDSL and 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)

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

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

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

₹50 per certificate or ₹50 for every hundred securities

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

Regular: Rs. 12, BSDA: Rs. 25
Pledge Creation Charges

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

Rs. 50/- Per Instruction
Pledge Creation Confirmation Charges

Nil

Nil
Pledge Invocation Charges

Nil

Rs. 25/- Per Instruction
Failed Instruction Charges

Nil

Nil
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
Freeze-De-Freeze: Rs.50/-

Basic Details

Basic Details of Brokers

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Year of Incorporation 2000 1993
Active Exchange Memberships NSE, BSE, MCX, NCDEX NSE, BSE, MCX
Demat Services CDSL NSDL and CDSL
Website http://www.sharekhan.com https://www.mnclgroup.com/
Contact Details 022-61150000 (+91) 79-26666500
Total Number of Clients 5,04,796+ 2,47,900+
Total Number of Branches 2900 71

Charts and Data

Charts and Data

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Live data source Yes NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes 5
No.of indicators 30+ 17+
No.of charts can be opened 10 5
Live Scanners Yes Yes
Customizable screeners Yes Yes
Trading from charts Yes Yes
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts 30 days Yes
End of Day historical data for charts 10 years Yes
Corporate action adjusted charts No Yes
Back Testing No No
Options Chain Yes Yes
Heat Maps Yes -
Analytics No -
Price Ladder No -

Leverage

Leverage

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Sharekhan Networth Stock Broking Ltd
Classic Account Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.50,000 Rs.75,000 to Rs.2 Lakh

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Sharekhan Networth Stock Broking Ltd
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