Aditya Birla Money Vs Karvy (Compare Aditya Birla Money and Karvy)

The side-by-side comparison of Aditya Birla Money and Karvy. Compare Aditya Birla Money Vs Karvy brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Aditya Birla Money vs Karvy?


Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ("NSDL") and the Central Depository Services (India) Limited ("CDSL"). The comp... Know more about Aditya Birla Money Ltd


Karvy

Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.

Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

Karvy Customers,

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Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof. Based in Hyderabad they are among one ... Know more about Karvy Stock Broking Ltd

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Aditya Birla Money Vs Karvy

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India.

  Aditya Birla Money Karvy
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Retail Brokerage Plan
Year of Incorporation 1994 1985
Number of Branches 800 575
Broker Enquiry Open an Online Trading Account with Aditya Birla Money. Leave your contact info and we will get in touch with you.
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Aditya Birla Money Vs Karvy Charges & AMC

Aditya Birla Money trading account opening charges is ₹750 while Karvy account opening changes is ₹650. Aditya Birla Money Demat Account AMC Charges is ₹436 and Karvy Demat Account AMC Charges is ₹420.

  Aditya Birla Money Karvy
Trading Account Opening Charges ₹750 ₹650
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges ₹436 ₹420
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Aditya Birla Money Vs Karvy Brokerage Charges & Plans

Aditya Birla Money Vs Karvy Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Karvy brokerage charges for equity is 0.3% and intraday is 0.03%.

  Aditya Birla Money Karvy
Account Type Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.30% 0.3%
Equity Intraday Brokerage 0.03% 0.03%
Equity Futures Brokerage 0.03% 0.03%
Equity Options Brokerage ₹50 per lot ₹30 per lot
Currency Futures Trading Brokerage 0.03% 0.03%
Currency Options Trading Brokerage ₹50 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.03% 0.03%
Commodity Options Trading Brokerage Nil ₹30 per lot
Special Offer

Aditya Birla Money Vs Karvy Brokerage Plan 2

  Aditya Birla Money Karvy
Account Type Premium Subscription Plan of 100000
Fixed Charges ₹100,000 per year
Equity Delivery Brokerage 0.30% 0.1%
Equity Intraday Brokerage 0.03% 0.01%
Equity Futures Brokerage 0.03% 0.01%
Equity Options Brokerage ₹50 per lot ₹10 per lot
Currency Futures Trading Brokerage 0.03% 0.01%
Currency Options Trading Brokerage ₹50 per lot ₹10 per lot
Commodity Futures Trading Brokerage 0.03% 0.01%
Commodity Options Trading Brokerage Nil ₹10 per lot

Aditya Birla Money Charges Vs Karvy

Minimum Brokerage Charges ₹20 per executed order Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges Nil
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Aditya Birla Money Vs Karvy Transaction Charges

Aditya Birla Money transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Karvy exchange transaction charges for options is ₹5500.

  Aditya Birla Money Karvy
Equity Delivery ₹325 per Cr (0.00325%) ₹325
Equity Intraday ₹325 per Cr (0.00325%) ₹325
Equity Futures ₹190 per Cr (0.0019%) ₹230
Equity Options ₹5000 per Cr (0.05%) (on premium) ₹5500
Currency Futures ₹110 per Cr (0.0011%) ₹325
Currency Options ₹4000 per Cr (0.04%) (on premium)
Commodity MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%) ₹300
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Aditya Birla Money Vs Karvy Leverage (Margin)

Aditya Birla Money provides the margin of 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product for intraday trades whereas the Karvy margin for intraday cash is Upto 20x.

  Aditya Birla Money Karvy
Equity Delivery Upto 5x with interest Upto 5x with 24% interest per year
Equity Intraday 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product Upto 20x
Equity Futures Upto 3x Upto 4x
Equity Options Nil Upto 4x for shorting
Currency Futures 3x Nil
Currency Options Nil Nil
Commodity Futures 4x Upto 4x
Commodity Options
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Compare Aditya Birla Money and Karvy Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Karvy offers NEST, Karvy Web, Trade Mobile trading software.

  Aditya Birla Money Karvy
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Etrade, Advanced web, Mobile invest NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15 3:15
Other Features Insurance and Pension scheme available Ask the expert, The Finapolis
Referral Program
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Aditya Birla Money Vs Karvy Review

Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews whereas Karvy is rated 2.0 of 5 based on 24 customer reviews.

  Aditya Birla Money Karvy
  13 Customer Reviews    Rate Aditya Birla Money 24 Customer Reviews    Rate Karvy
Fees 2.8 2.6
Trading Brokerage 3.1 2.4
Trading Platform Usability 2.5 2.7
Customer Service 2.8 2.2
Research Capabilities 5.0
Overall Ratings Rated 2.7 stars Rated 2.0 stars
Broker Rating Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews Karvy is rated 2.0 of 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire Karvy Enquire
Contact Broker

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Aditya Birla Money Vs Karvy Investment Options

  Aditya Birla Money Karvy
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds
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Aditya Birla Money Vs Karvy Order Type Offered

  Aditya Birla Money Karvy
Bracket Order No
Cover Order No
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
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Aditya Birla Money Vs Karvy Research Report

  Aditya Birla Money Karvy
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Aditya Birla Money Vs Karvy Suitable For Investor Type

  Aditya Birla Money Karvy
Casual Investor Yes Yes
Active Investor
Trader
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Aditya Birla Money Vs Karvy - Pros and Cons

  Aditya Birla Money Karvy
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers
Reviews
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