Karvy Vs Groww Demat Account Comparison

Karvy Stock Broking Limited is part of Karvy Group, a Hyderabad based financial service provider offering wide range of services to retail and institutional customers across India. Karvy’s financial services business is ranked among the top-five in the country across its business segments.

Karvyonline is the flagship portal of Karvy Stock Broking Ltd for online trading and investing. Karvy Online offer equity and commodity trading at BSE, NSE, MCX, NCDEX, NMCE and ICEX.

Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository.

Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee.

Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades.

Karvy Millennium, Plot No 31,
P Nanakram Guda Gachibowli,
Hyderabad, Andhra Pradesh, India 500032

• Equity Broking Services
• Depository Participant Services
• Distribution of Financial Products
• Currency Derivatives
• Wealth Management Services
• Portfolio Management Services
• Karvy Fortune
• Investment Banking
• Commodities Broking
• Non - Banking Financial Service
• Realty Services
• Registry Services
• Forex & Currencies
• Insurance Repository

Nil

• Individuals Account (other than NRI): Rs 500 per year
• NRI Account: Rs 1500 per year
• Corporate Account: Rs 5,000 per year
• Foreign Corporate Body Account: Rs 10,000 per year

Nil

• Rs 5 per certificate + Rs 40 for courier charges;
• For BSDA Accounts: Rs 10 per certificate + Rs 50 courier charges

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

• Sold through Karvy (for Karvy POA registered Account): Rs 12 per instruction
• For all other transactions Rs 30 per instruction upto a value of Rs 30,000 or part thereof, Rs 10 for every additional value of Rs 30,000 or part thereof, subject to Minimum of Rs 30 and Maximum of Rs 1000 per instruction;
• For BSDA Accounts: Rs 100 per instruction;
• For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum Rs 100 per instructio

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

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

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

Rs 100 per instruction

• Rs 100 per Demat Rejection
• Rs 100 per Client Modification Request
• Rs 100 per DIS Lost Request
• Rs 100 per request for physical statements