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Aditya Birla Money Vs AxisDirect NRI Account Comparison

The side-by-side comparison of Aditya Birla Money and AxisDirect NRI Account. Compare Aditya Birla Money Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Aditya Birla Money NRI Account reviews.

Find out Aditya Birla Money Vs AxisDirect which is better NRI Trading Account. See Aditya Birla Money Vs AxisDirect which is best NRI Demat Account.

Our Aditya Birla Money Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Aditya Birla Money and AxisDirect NRI Account.

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Aditya Birla Money Vs AxisDirect

  Aditya Birla Money AxisDirect
 
  Aditya Birla Money Ltd Logo Axis Securities Logo
About the Broker Aditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv... Know more about Aditya Birla Money Ltd Axis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w... Know more about Axis Securities
Account Type NRI Account
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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Aditya Birla Money Vs AxisDirect Charges

  Aditya Birla Money AxisDirect
NRI Account Opening Fees ₹750 ₹2500
NRI Account AMC ₹450 ₹0
NRI Demat Account Opening Fees Nil Rs 0
NRI Demat Account AMC Rs 436 Rs 650
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Aditya Birla Money Vs AxisDirect NRI Account Brokerage Comparison

Account Type Aditya Birla Money AxisDirect NRI Account
Equity Delivery 0.75%
Equity Futures 0.05%
Equity Options Intraday: 1p per lot, Carry Forward: ₹10 per lot

Other Charges

Contract Note Reporting Charges ₹25 for BSE | ₹50 for NSE
Other Brokerage Charges PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Aditya Birla Money Vs AxisDirect NRI Account Taxes/Fees

  Aditya Birla Money AxisDirect
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Aditya Birla Money Vs AxisDirect NRI Account Margin

  Aditya Birla Money Margin AxisDirect Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Aditya Birla Money and AxisDirect NRI Account Features

  Aditya Birla Money AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features

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Aditya Birla Money Vs AxisDirect NRI Account Review

  Aditya Birla Money Review AxisDirect Review
  29 Customer Reviews    Rate Aditya Birla Money 83 Customer Reviews    Rate AxisDirect
Fees 3.3 2.0
Brokerage 3.2 1.8
Trading Platform 3.3 2.6
Customer Service 2.9 2.2
Overall Rating Rated 3.0 stars Rated 2.0 stars
Broker Rating Aditya Birla Money is Rated 3.0 / 5 based on 29 customer reviews AxisDirect is Rated 2.0 / 5 based on 83 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire AxisDirect Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Aditya Birla Money Vs AxisDirect NRI Investment Options

  Aditya Birla Money AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Aditya Birla Money Vs AxisDirect NRI Customer Service

  Aditya Birla Money AxisDirect
Customer Care Number 18002707000 +91 22 4257 0809
Customer Care Email

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Aditya Birla Money Vs AxisDirect Order Type Offered for NRI Account

  Aditya Birla Money AxisDirect
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes

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Aditya Birla Money Vs AxisDirect - NRI Account Advantages and Disadvantages

  Aditya Birla Money AxisDirect
Pros
  • Part of Aditya Birla group, a financial services conglomerate
  • Provides a wide range of financial services under one roof
  • Offers research advice and stock recommendations
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
Cons
  • Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
  • Doesn't offer an IPO investment option.
  • Robo advisory facility is not available.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
Conclusion

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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