Aditya Birla Money Vs Destimoney Demat Account Comparison

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

Destimoney Securities Pvt. Ltd. is a member of the Bombay Stock Exchange, National Stock Exchange and offers depository services to its clients through CDSL.

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

6Th Floor, A Wing Tech Web Centre, New Link Road Oshiwara, Jogeshwari-West Mumbai Maharashtra India-400102

Depository Services

At actuals

1. Normal Scheme: Rs 450 p.a. for Individuals and for Corporates Rs 1000 p.a.
2. Basic Service Demat Account (BSDA) Account: Nil for holding below Rs 50,000, Holding from Rs 50,001 to Rs 200,000 AMC of Rs 100 p.a., Holding above Rs 200,000 will be charge as applicable to Normal Demat Account.
3. Lifetime AMC Scheme (Rs 1500 one time): Nil

Rs 240 (Per Annum) For Individuals (payable in advance on an anniversary basis) Rs 750 (Per Annum) For Corporate - Yearly Pro-rata basis

NIL

1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.

Rs 5 per certificate plus Rs 25 per request

1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.

Rs 12 per 100 securities or part quantity or Rs 12 per cert. whichever is higher Plus Rs 25 per Request Restat SOA / Redemption 1) For conversion of MF units into SOA (stmt of a/c)

2.For redemption of MF units 0.04% of redemption value OR Rs 20 per transaction whichever is higher

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

1. Normal Scheme: Rs 30 per ISIN
2. Lifetime AMC Scheme: Rs 20 per ISIN
3. BSDA Account: Rs 75 per ISIN (Market /Off Market)

For External Broker:

1. Normal Scheme: Rs 30 or 0.03% on value of securities whichever is higher
2. Lifetime AMC Scheme: Rs 30 or 0.03% on value of securities whichever is higher
3. BSDA Account: Minimum Rs 75 per ISIN or 0.05% on value of securities whichever is higher.

0.04% of the market value of securities subject to a minimum of Rs 20 per request (Whichever is higher)

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

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

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

NIL

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

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

NIL

Rs 50 for re-issuance of DIS Booklet.

NIL