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Sharekhan Vs Groww: Which one is better?

Both the brokers are registered with SEBI. Sharekhan offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Groww ranges between Rs 20. Sharekhan is a Full Service Broker where Groww is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Groww is 95,38,609 where number of active customer for Sharekhan is 6,64,853. Groww is serving more customer compare to Sharekhan.

Here we present side-by-side comparison of Sharekhan vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Sharekhan vs Groww'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 Sharekhan vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Sharekhan vs Groww'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 Sharekhan vs Groww on Service

	Sharekhan	Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	NSE, BSE
Active Clients	6,64,853	95,38,609
Broker Overview	Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation...	Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...
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Account Opening Charges and AMC

Compare Sharekhan vs Groww on Trading & Demat Account Opening Charges

Comparison of Sharekhan with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Groww

Charges	Sharekhan	Groww
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 400 PA (Free for 1st year))	Free
Provide DP Service

About Brokerage Plans

Compare Sharekhan vs Groww on Plan Options

Plans are the most important feature you look when compare Sharekhan with Groww. This section compare on high level about type of plans offered by brokers. Multiple Plans - Sharekhan provide Multiple Plans where Groww doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Sharekhan with Groww on Plan Options

Plan Types	Sharekhan	Groww
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Sharekhan vs Groww on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Share Broker's Transaction Charges

Compare Sharekhan vs Groww on Transaction Charges

Compare Sharekhan with Groww on transaction charges and PCM fee by segment.

Account Features

Compare Sharekhan vs Groww on Account Features

Compare Sharekhan with Groww 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 - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan offers NRI where Groww doesn't offers NRI Trading.

Account Features - Sharekhan with Groww

Account Features Compare	Sharekhan	Groww
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:10 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Sharekhan vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and Groww. 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 Sharekhan with Groww

Trading Platform Compare	Sharekhan	Groww
Desktop Trading Platform	TradeTiger	Groww App
Desktop Demo	Desktop Demo	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://www.sharekhan.com/	Yes
Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	Sharekhan	Groww App
Mobile Trading App Demo	Sharekhan Demo	Info Not Available
Android Mobile App
Android App Download	Andriod Sharekhan Download	Andriod Groww App Download
iPhone Mobile App (IOS)
iOS App Download	iOS Sharekhan Download	iOS Groww App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Sharekhan	Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator	Futures Brokerage Calculator for Sharekhan	Futures Brokerage Calculator for Groww
Options Brokerage Calculator	Options Brokerage Calculator for Sharekhan	Options Brokerage Calculator for Groww
Detail	Detail on Trading Platforms for sharekhan	Detail on Trading Platforms for groww

Broker Ratings by Users

Compare Sharekhan vs Groww on User Rating

	Sharekhan	Groww
	184 Customer Reviews	7 Customer Reviews
Fees Ratings	3.2	4.4
Trading Brokerage Rating	3.1	3.7
Trading Platform Usability	3.9	4.1
Customer Service Ratings	3.5	3.3
Overall Ratings	3.6	4.1
Broker Rating	Sharekhan is Rated 3.6 / 5 based on 184 customer reviews	Groww is Rated 4.1 / 5 based on 7 customer reviews

Investment Offerings

Compare Sharekhan vs Groww on Investment Offerings

Compare Sharekhan with Groww 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 - Sharekhan offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where Groww doesn't offer

Investment Offerings - Compare Sharekhan with Groww

Investment Offerings Compare	Sharekhan	Groww
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Sharekhan vs Groww on Order Types

Order Type - Compare Sharekhan with Groww 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) - Sharekhan provide Cover Orders (CO) where Groww 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) - Sharekhan provide Bracket Orders (BO) where Groww 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)- Sharekhan offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Sharekhan offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Sharekhan with Groww

Order Type Compare	Sharekhan	Groww
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Sharekhan vs Groww on Customer Service

Compare Sharekhan with Groww 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 Sharekhan with Groww

Customer Service Compare	Sharekhan	Groww
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800227500	9108800604
Account Opening Process	Offline	Online
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.sharekhan.com/help/hello	https://groww.in/academy
Head Office Address	Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042	Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034
Website	https://www.sharekhan.com	https://groww.in/

Tips/Research/Reports Published

Compare Sharekhan vs Groww on Research Reports, Tips

Compare Sharekhan with Groww on research reports and tips provided by the broker.

Research Reports - Compare Sharekhan with Groww

	Sharekhan	Groww
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Sharekhan vs Groww on Demat Account

Compare Sharekhan with Groww 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 Groww is Zero where for Sharekhan is ₹500 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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) where for Groww is ₹8 + ₹5.50 CDSL charges.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 Sharekhan with Groww

	Sharekhan	Groww
DP Source	CDSL	CDSL
DP ID	36000	No
Demat Account Annual Maintenance Charges(AMC)	₹500 pa	Zero
Advance Deposit	Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)	Nil
Statutory charges	Actual Stamp Paper Charges	Legal Charges
Transaction Charges on Debit (Per ISIN)	0.03% (Min ₹30) + ₹5.50 (CDSL Charges)	₹8 + ₹5.50 CDSL charges
Demat	₹5 per certificate (Min 50 per request)	₹150 per certificate + courier charges
Remat	₹50 per certificate or ₹50 for every hundred securities	₹150 per certificate + courier charges
Pledge Creation	0.03% (Min ₹100)	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation	Nil	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure	Nil	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation	Nil	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation	Nil	₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges	Nil	₹50
Other Charges	Freeze/De-freeze - ₹25 per transaction Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request	Nil

Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Groww on Special Offers and Promotion

Compare Sharekhan with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Groww on Special Offers and Promotion

	Sharekhan	Groww
Pay In and Pay Out Options	Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform. Pay-out/Fund Withdrawal - Bank Transfer only	pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time	Max 24 hrs except bank holidays	Max 24 hrs except bank holidays
Bank Supported and Charges	Info Not Available	Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail	Sharekhan Limited Account No.:9035<> SK21<> Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001	Info Not Available
Likes	Free account opening facility at zero fees. Multiple brokerage plans for traders and investors. In-house easy-to-use modern-technology web, app, and terminal-based trading platforms. Free mutual fund investment at Rs. 0 brokerage. Sharekhan NEO, a mutual fund Robo-advisory platform. Intraday trading tips, recommendations, and stock market research & advisory Invest in the basket of stocks (portfolio) and get timely recommendations. Margin trading facility, portfolio management services, and loan against securities. Free call and trade facility to customers. Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order. Free learning resources (Sharekhan classroom, articles & blogs) for stock market education. A dedicated team of 7500+ relationship managers. Detail Review...	Trade or invest in equity, F&O, mutual funds, IPO, US Stocks Rs 0 account opening fee with no AMC Best UI Interface-enabled app and website Equity and F&O trading at Rs 20 maximum brokerage No cost investment in direct mutual funds. TradingView charts and wide range of technical indicators Advance orders like GTT, Target order, and Basket order Get instant and flexible loans on Groww Get the latest trending news and updates on the Groww Digest Detail Review...
Dislikes	It doesn’t allow opening a 3-in-1 account. High brokerage charge is the biggest drawback to trading with Sharekhan. Does not offer Direct mutual fund. Detail Review...	Does not offer commodity and currency trading No desktop trading terminal Bracket order and cover order are not available No intraday trading tips and stock research reports NRIs cannot open an account in Groww Detail Review...
Special Offers/Promo
Enquiry	Open Sharekhan Account Now>>	Open Zerodha Account Now>>