The side-by-side comparison of Alice Blue and Groww Demat Account. Compare Alice Blue Vs Groww Demat Account charges, AMC and Fees. Read Groww and Alice Blue demat Account review.
Find out Alice Blue Vs Groww which is better demat account and Alice Blue Vs Groww which is best demat account.
Our Alice Blue Financial Services demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between Alice Blue and Groww.
| Alice Blue | Groww | |
|---|---|---|
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| About the Broker | Alice Blue is a Bangalore based discount stock broker. AliceBlue offers to trade at BSE, NSE, and MCX. Alice Blue also offers depository services (demat account). They are depository participant with CDSL. They don't charge any extra deposit or one time fees for this Zero AMC Demat Account. Alice Blue is famous for its F15 trading plan, a flat rate brokerage fee plan. Equity delivery trading is absolutely free of brokerage charges in this plan. The brokerage for all other segments is flat Rs 15 per executed or 0.01% whichever is less. ANT (Analysis and Trade) is the flagship trading platform offered by Alice Blue. ANT Platform offers free trading software to all its customers. The software includes install-able trading terminal, web-browser based trading website and mobile trading app. This trading platform uses the latest internet technology. It offers the best trading experience among the top share brokers in India. | Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository. Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee. Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades. |
| DP ID | 12085300 | 88700 |
| Contact Info | No. 153/2, 3rd Floor, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered |
| Equity, IPO, and Direct Mutual Funds |
| Find more info about broker | ||
| Special Offer | Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today. | Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| Alice Blue | Groww | |
|---|---|---|
| Demat Account Opening Fee | Rs 0 | ₹0 (Free) |
| Demat Account AMC | Rs 400 per year | ₹0 (Free) |
| Advance Deposit | Rs 0 | ₹0 |
| Open Alice Blue Account | Open Groww Account |
| Alice Blue | Groww | |
|---|---|---|
| Dematerialisation Charges | Rs 10 per certificate + Rs 50 per request | ₹150 per certificate + courier charges |
| Rematerialisation Charges | Rs 30 per request + CDSL Fee + Rs 10 per 100 securities | ₹150 per certificate + courier charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | 0.04% of the value of the transaction (minimum Rs 20) | For value ≥ ₹100: Male investors: ₹3.50 (Depository) + ₹16.50 (Groww) = ₹20.00 (plus GST) Female investors: ₹3.25 (Depository) + ₹16.50 (Groww) = ₹19.75 (plus GST) For value < ₹100: Only the depository charge, i.e., Male investors: ₹3.50 and Female investors: ₹3.25 |
| Pledge Creation Charges | 0.04% of the value of the transaction (minimum Rs 40) | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | Rs 0 | |
| Pledge Invocation Charges | 0.04% of the value of the transaction (minimum Rs 40) | ₹20 |
| Failed Instruction Charges | ₹50 per ISIN | |
| Other Charges |
| KYC Modification: ₹100 |
| Alice Blue Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Alice BlueSpecial OfferFree Equity Delivery TradeTrade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today. | GrowwSpecial OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
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