Chittorgarh.com Logo
Loading...

Sharekhan Vs AxisDirect NRI Account Comparison

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

Find out Sharekhan Vs AxisDirect which is better NRI Trading Account. See Sharekhan Vs AxisDirect which is best NRI Demat Account.

Our Sharekhan comparison with Axis Securities highlights the major differences between two brokers. Find the best between Sharekhan and AxisDirect NRI Account.

Expand

Sharekhan Vs AxisDirect

  Sharekhan AxisDirect
 
  Sharekhan Logo Axis Securities Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan 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 Sharekhan NRI Account NRI Account
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

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.


Expand

Sharekhan Vs AxisDirect Charges

  Sharekhan AxisDirect
NRI Account Opening Fees ₹2000 ₹2500
NRI Account AMC ₹3000 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 650
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account AxisDirect NRI Account
Equity Delivery 0.50% 0.75%
Equity Futures 0.1% on first leg and 0.02% on second leg 0.05%
Equity Options ₹250 per contract note Intraday: 1p per lot, Carry Forward: ₹10 per lot
Open Sharekhan Account

Other Charges

Contract Note Reporting Charges
Other Brokerage Charges PIS Acct AMC: ₹1000 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%
Expand

Sharekhan Vs AxisDirect NRI Account Taxes/Fees

  Sharekhan 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.

Expand

Sharekhan Vs AxisDirect NRI Account Margin

  Sharekhan 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.


Expand

Sharekhan and AxisDirect NRI Account Features

  Sharekhan AxisDirect
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips Yes Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect NRI Account Review

  Sharekhan Review AxisDirect Review
  309 Customer Reviews    Rate Sharekhan 83 Customer Reviews    Rate AxisDirect
Fees 3.0 2.0
Brokerage 2.8 1.8
Trading Platform 3.7 2.6
Customer Service 3.3 2.2
Overall Rating Rated 3.3 stars Rated 2.0 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 309 customer reviews AxisDirect is Rated 2.0 / 5 based on 83 customer reviews
Open Sharekhan Account

Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire AxisDirect Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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.
*

Sharekhan Vs AxisDirect NRI Investment Options

  Sharekhan AxisDirect
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

Expand

Sharekhan Vs AxisDirect NRI Customer Service

  Sharekhan AxisDirect
Customer Care Number +91 022 6518500 +91 22 4257 0809
Customer Care Email nridesk@sharekhan.com
Open Sharekhan Account

Expand

Sharekhan Vs AxisDirect Order Type Offered for NRI Account

  Sharekhan AxisDirect
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes

Expand

Sharekhan Vs AxisDirect - NRI Account Advantages and Disadvantages

  Sharekhan AxisDirect
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  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
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  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

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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

Sharekhan Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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
Open Sharekhan Account

Comments

Add a public comment...

Compare More Brokers: