Anand Rathi Vs AxisDirect Demat Account Comparison

Incorporated in 1994, AnandRathi is Mumbai based diversified financial services provider offering wide range of products and services to retail and institutional customers across India. Anand Rathi has physical presence at over 1200 locations in India through it offices and franchises. AnandRathi is member of BSE, NSE, MCX, NCDEX, MSEI, CDSL and NSDL.

Axis Securities Limited is part of Axis bank, India's leading private bank. Axis Securities offers its services though Axis Direct. The 3-in-1 account by Axis is the most popular offering by the bank. This account includes a Bank Account, a Trading Account and a demat account, all integrated together for seamless transactions among them.

4th Floor, Silver Metropolis Bld,
Jai Coach Compound, Opp.Bimbisar Nagar,
Goregoan E, Mumbai, Maharashtra, India 400065

Gigaplex, Bldg No.1, 4th Floor, Plot No. I.T.5, MIDC Airoli Knowledge Park,
Airoli, Navi Mumbai, Maharashtra, India 400708

Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution services in the areas of equities, commodities, mutual funds, structured products, insurance, corporate deposits, bonds & loans and Depository Services (CDSL and NSDL)

Equity, Derivatives, Mutual funds, SIP, IPO, NCD and Bonds, ETFs, Currency, Depository Services (Demat Account)

Nil

Nil

• Scheme I: Rs 450 (Free for 1st Year)

• Scheme II : Nil (with credit balance of Rs 3000 (refundable))

• For Corporates: Rs 500 (For 1st Year) Rs 950 (From 2nd year onwards)

• Retail Account:
  • Axis Bank Customer: Rs 650 per year (1st year free). Rs 2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.
  • Non-Axis Bank Customer: Rs 250 per year (1st year free)
• BSDA Account:
  • Nil for holding value till Rs 50,000
  • Rs 100 per year for holding value from Rs 50,001 to Rs 2,00,000
  • Holding value above Rs 2,00,000 tariff for Retail account will be applicable.
• Corporate Account:
  • Rs 400 for Axis Bank clients + CDSL AMC of Rs 500
  • Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500

Nil

Nil

• Rs 3 per certificate + Rs 35 per request.

• Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units.
• Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.

• Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

• Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units.
• Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request

• Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]

• Off-market Transfer within AnandRathi Minimum Rs 25 and Maximum Rs 500 or 0.025% of the market value

• Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units.
• BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units.
• Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.

0.01% of value or min Rs 50 per request

• Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• Corporate Account: Flat Rs 50 per request.

Nil

Nil

0.01% of value or min Rs 50 per request

• Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
• Corporate Account: Flat Rs 50 per request.

Rs 25 per Instruction

Rs 10 per Instruction

• For instructions received on same day of Pay-in Rs 25 per scrip will be charged
• Extra statement (other than free monthly): Rs 15 per statement.
• Any Modification: Rs 15 per request

• Ad-hoc Statement - Rs 100 per statement
• Quarterly (Physical) statement
  • Retail Account - Nil
  • BSDA Account - Rs 25 per statement
• Account Modification Charges
  • Retail Account - Nil
  • BSDA Account - Rs 100
• DIS Booklet Charge
  • Retail Account - NIL
  • BSDA Account - Rs 200 per booklet
• Redemption of mutual fund units through DP - Rs 25 per instruction