Master Trust Vs AxisDirect Demat Account Comparison

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

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.

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

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

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

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

Nil

Nil

• Scheme A: Nil
• Scheme B: Rs 300 per annum
• Scheme LF: Nil
• Scheme BSDA: Nil
• Scheme 800: Rs 800 per annum

• 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

• Rs 2500 for Scheme A
• Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
• Rs 800 for scheme 800

Nil

• Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
• Rs 50 per request + Rs 10 per certificate for Scheme BSDA.

• 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 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
• Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.

• 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 12 in Scheme A
• Rs 16 in Scheme B
• Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
• Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
• Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.

• 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.

• Rs 50 in Scheme B, LF and Scheme 800.
• Rs 40 in Scheme A Rs 100 in Scheme BSDA.

• 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

• Rs 20 in Scheme A
• Rs 25 in Scheme B, LF and Scheme 800.
• Rs 50 in Scheme BSDA

• 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 20 per instruction

Rs 10 per Instruction

• Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
• Non periodic statement and other communication charged: Rs 20 per mail
• Additional Statement of Holding/Transaction: Rs 2 per page + postage
• In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
• Any modification in client master will be charged @ Rs 20 per modification.

• 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