FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Aditya Birla Money Vs Karvy: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Aditya Birla Money ranges between 0.02% to 0.20% while the brokerage of Karvy ranges between 0.03 to 0.3%. Both the brokers are Full Service brokers. Aditya Birla Money is having overall lower rating compare to Karvy. Aditya Birla Money is rated only 3.5 out of 5 where Karvy is rated 4 out of 5. Number of active customer for Aditya Birla Money is 80,213 where number of active customer for Karvy is . Aditya Birla Money is serving more customer compare to Karvy.

Here we present side-by-side comparison of Aditya Birla Money vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Aditya Birla Money vs Karvy's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Aditya Birla Money vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Aditya Birla Money vs Karvy's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Aditya Birla Money vs Karvy on Service

  Aditya Birla Money Compare
Aditya Birla Money
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 80,213
Broker Overview Open an Account with one of the most renowned full-service stock broking houses, Aditya Birla Money with a strong PAN India presence. Get the best research & advisory, PMS, invest in model portfolios and 24*7 active customer support. One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Aditya Birla Money vs Karvy on Trading & Demat Account Opening Charges

Comparison of Aditya Birla Money with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where Aditya Birla Money charges Rs 750 for account opening. Demat AMC charges - Aditya Birla Money charges Rs 436 AMC for Demat account where Karvy charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Aditya Birla Money with Karvy
Charges Aditya Birla Money Karvy
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 436 Rs 500 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Aditya Birla Money vs Karvy on Plan Options

Plans are the most important feature you look when compare Aditya Birla Money with Karvy. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Aditya Birla Money with Karvy on Plan Options
Plan Types Aditya Birla Money Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Aditya Birla Money vs Karvy on Brokerage Charges

Aditya Birla Money Brokerage Plan detail - This is a standard plan by Aditya Birla Money. This is a % based brokerage plan. Brokerage is between .02% to .20%, which is 2 paisa to 20 paisa.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare Aditya Birla Money with Karvy
Brokerage Charges Compare Aditya Birla Money Karvy
Plan Name I-Decide Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.20% or 20 paisa 0.3% or 30 paisa
Equity Intraday 0.02% or 2 paisa 0.03% or 3 paisa
Equity Futures 0.02% or 2 paisa 0.03% or 3 paisa
Equity Options Rs 50 Per Lot Rs 50 Per Lot
Currency Futures 0.02% or 2 paisa 0.03% or 3 paisa
Currency Options Rs 50 Per Lot Rs 50 Per Lot
Commodity Trading 0.02% 0.03% or 3 paisa
Minimum Brokerage A minimum brokerage of Rs.20 per executed order NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges NA Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges NA Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for Aditya Birla Money Brokerage Calculator for Karvy
Expand

Share Broker's Transaction Charges

Compare Aditya Birla Money vs Karvy on Transaction Charges

Compare Aditya Birla Money with Karvy on transaction charges and PCM fee by segment.

Transaction Charges - Compare Aditya Birla Money with Karvy
Transaction Charges Compare Aditya Birla Money Karvy
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for aditya-birla-money Complete Brokerage Plans for karvy
Expand

Account Features

Compare Aditya Birla Money vs Karvy on Account Features

Compare Aditya Birla Money with Karvy on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Karvy offers Algo Trading where Aditya Birla Money doesn't offers Algo Trading. Margin Funding - Aditya Birla Money offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Aditya Birla Money with Karvy
Account Features Compare Aditya Birla Money Karvy
3 in 1 Account No Aditya Birla Money have 2-in-1 account. Only Demate and Trading account. No Aditya Birla Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading No No
Other Features NIL NIL
Expand

Trading Platform

Compare Aditya Birla Money vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Aditya Birla Money and Karvy. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Aditya Birla Money with Karvy
Trading Platform Compare Aditya Birla Money Karvy
Desktop Trading Platform Espress Trade Karvy NESTTrader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://abtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogIn https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ABM Mobile Invest KarvyOnline
Mobile Trading App Demo Info Not Available KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod ABM Mobile Invest Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) No No
iOS App Download iOS ABM Mobile Invest Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Aditya Birla Money Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for Aditya Birla Money Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for Aditya Birla Money Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for aditya-birla-money Detail on Trading Platforms for karvy

Expand

Broker Ratings by Users

Compare Aditya Birla Money vs Karvy on User Rating

  Aditya Birla Money Karvy
  5 Customer Reviews    Rate Aditya Birla Money 3 Customer Reviews    Rate Karvy
Fees Ratings 2.4 2.7
Trading Brokerage Rating 3.2 2.3
Trading Platform Usability 1.6 2.3
Customer Service Ratings 1.8 3.7
Overall Ratings 1.6 2.7
Broker Rating Aditya Birla Money is Rated 1.6 / 5 based on 5 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
Expand

Investment Offerings

Compare Aditya Birla Money vs Karvy on Investment Offerings

Compare Aditya Birla Money with Karvy on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where Aditya Birla Money doesn't offer

Investment Offerings - Compare Aditya Birla Money with Karvy
Investment Offerings Compare Aditya Birla Money Karvy
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL Insurance
Expand

Order Types

Compare Aditya Birla Money vs Karvy on Order Types

Order Type - Compare Aditya Birla Money with Karvy on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Karvy provides Cover Orders (CO) where Aditya Birla Money doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Karvy provides Bracket Orders (BO) where Aditya Birla Money doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- Aditya Birla Money offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Aditya Birla Money with Karvy
Order Type Compare Aditya Birla Money Karvy
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes No
GTC-Good Till Cancelled No No
Expand

Customer Service Offered

Compare Aditya Birla Money vs Karvy on Customer Service

Compare Aditya Birla Money with Karvy on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Aditya Birla Money with Karvy
Customer Service Compare Aditya Birla Money Karvy
24/7 Customer Service Aditya Birla Money vs Karvy - 24x7 customer support Yes No
Email Support Aditya Birla Money vs Karvy - Email Support Yes Yes
Onine Live Chat Aditya Birla Money vs Karvy - Onine Live Chat Yes No
Phone Support Aditya Birla Money vs Karvy - Phone Support Yes Yes
Toll Free Number Aditya Birla Money vs Karvy - Toll Free Number Yes Yes
Through Branches Aditya Birla Money vs Karvy - Through Branches Yes Yes
Customer Care Number Aditya Birla Money vs Karvy - Customer Care Number 1800-270-7000 18004198283/7093706007/18004198283
Account Opening Process Aditya Birla Money vs Karvy - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Aditya Birla Money vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Aditya Birla Money vs Karvy - Knowledge Center/Education https://stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-center https://www.karvyonline.com/knowledge-center/index
Head Office Address Aditya Birla Money vs Karvy - Head Office Address/Corporate Address Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai - 600006 Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website Aditya Birla Money vs Karvy - Company Website https://stocksandsecurities.adityabirlacapital.com/ www.karvyonline.com
Expand

Tips/Research/Reports Published

Compare Aditya Birla Money vs Karvy on Research Reports, Tips

Compare Aditya Birla Money with Karvy on research reports and tips provided by the broker.

Research Reports - Compare Aditya Birla Money with Karvy
  Aditya Birla Money Karvy
Research Mutual Funds Aditya Birla Money vs Karvy - Research Mutual Funds Yes No
Research Equity Reports Aditya Birla Money vs Karvy - Research Equity Reports Yes No
Research ETF Aditya Birla Money vs Karvy - Research ETF Yes No
Daily Market Report Aditya Birla Money vs Karvy - Daily Market Report Yes Yes
Free Tips Aditya Birla Money vs Karvy - Free Tips Yes Yes
Quarterly Result Analysis Aditya Birla Money vs Karvy - Quarterly Results Yes Yes
News Alerts Aditya Birla Money vs Karvy - Yes Yes
Expand

Demat Account

Compare Aditya Birla Money vs Karvy on Demat Account

Compare Aditya Birla Money with Karvy on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Karvy is ₹365 pa where for Aditya Birla Money is ₹450 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Aditya Birla Money is ₹30 per ISIN where for Karvy is ₹15 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Aditya Birla Money with Karvy
  Aditya Birla Money Karvy
DP Source CDSL CDSL
DP ID Aditya Birla Money vs Karvy - DP ID 37600 33200
Demat Account Annual Maintenance Charges(AMC) ₹450 pa ₹365 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹30 per ISIN ₹15 per transaction
Demat ₹25 per certificate + ₹100 courier charges ₹5 per certificate + ₹40 courier charges
Remat ₹25 per certificate + ₹100 courier charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹100 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation ₹100 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure ₹100 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation Nil 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation ₹100 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges Nil ₹100
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Aditya Birla Money vs Karvy on Special Offers and Promotion

Compare Aditya Birla Money with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Aditya Birla Money vs Karvy on Special Offers and Promotion
  Aditya Birla Money Karvy
Pay In and Pay Out Options Aditya Birla Money vs Karvy - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Aditya Birla Money vs Karvy - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Aditya Birla Money vs Karvy - Bank Supported and Charges Info Not Available Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Info Not Available Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Invest in other asset classes like insurance, pension funds, mutual funds, etc.
  • Apply for IPO via UPI.
  • Instant paperless account opening.
  • Zero Demat account opening charges.
  • Competitive brokerage rates.
  • Trade via the Mobile app, website, and trading terminal.
  • Free call & trade
  • Trading tips and comprehensive research (fundamental & technical, derivatives, currency, etc.)
  • Invest in the expert-curated thematic portfolio, model portfolios, and PMS.

Detail Review...

Detail Review...

Dislikes
  • Does not provide a 3-in-1 account.
  • GTT order is not available.
  • Minimum brokerage charges are levied.
  • No flat brokerage plan.

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-05T07:03:50+00:00