Aditya Birla Money Vs Way2wealth 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.

Way2wealth Brokers Private Limited is a dynamic, well diversified and professionally managed business house which is a part of Way2wealth Group, primarily focused on Financial Services sector providing an umbrella of capital market services under one roof.

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

3Rd Floor, Hincon House Tower-B, 247 Park, L.B.S Marg Vikhroli (W) Mumbai Maharashtra India-400083

Depository Services

Depository Services, Broking, Wealth Management, Distribution of Mutual Funds etc

As per applicable stamp duty/ rate plus service charge

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

Sch-I Rs 360 for Ind and Rs 860-Corp, Sch-II Rs 550 -Ind, Rs 1050-Corp & Sch-III : NIL (Charges to be paid upfront annually),BSDA ZERO AMC FOR STOCK VALUE UPTO 50000 & 100 AMC FOR STOCK VALUE 50001 TO 200000

Scheme-I , II & BSDA : NIL Scheme-III : Rs.2000

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 40 per request for Sch-I&II and Rs 2 per Cert. Plus Rs 75 for Sch-III, Rs 2 per Cert. Plus Rs 75 for BSDA

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 25 for every 100 securities or part thereof or Rs25 per certificate whichever is higher for Sch-I&II and Rs 25 per cert.(for every hundred securities) plus Rs 75 for Scheme-III, Rs 25 per cert.(for every hundred securities) plus Rs 75 for BSDA

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.

Sch-I Rs 9 per txn for POA txns & Rs 18 per txn for same day & future day execution, Sch-II Nil for POA txns) & Rs 18 per txn for same day execution & Rs 9 per txn for future day execution, Sch-III 10 per debit Transfer 0.03% of transaction value, subject to minimum of Rs 25 per transaction, B SDA 50 PER DEBIT TXN FOR W2W POA & 0.03% of transaction value, subject to minimum of Rs 100 per txn for Off Mkt/Inter DP

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

Rs 24 per txn for Sch-I &II and Sch-III : 0.02% of the value of securities Pledged, subject to minimum of Rs 50 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 50 per transaction

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

Sch-I&II : Rs 24 per txn, Sch-III: 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction

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

Rs 24 per txn for Sch-I &II and Sch-III : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction

Scheme-I & II : NIL Scheme-III : Rs 20, BSDA : Rs 20

Rs 50 for re-issuance of DIS Booklet.

Extra statement Rs 10 per page for Sch-I &II and Rs 15 for 1st 10 pages and thereafter Rs 2 per page for Sch-III & BSDA