The side-by-side comparison of AxisDirect and Groww Demat Account. Compare AxisDirect Vs Groww Demat Account charges, AMC and Fees. Read Groww and AxisDirect demat Account review.
Find out AxisDirect Vs Groww which is better demat account and AxisDirect Vs Groww which is best demat account.
Our Axis Securities demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between AxisDirect and Groww.
| AxisDirect | Groww | |
|---|---|---|
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| About the Broker | Axis Securities Limited is part of Axis bank, India's leading private bank. Axis Securities offers its services through Axis Direct. Axis Direct charges 0.50% brokerage for equity delivery, 0.05% for Intraday & Futures, and Rs 20 per lot for options. | 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 | 12027500 | 88700 |
| Contact Info | Gigaplex, Bldg No.1, 4th Floor, Plot No. I.T.5,
MIDC Airoli Knowledge Park, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Equity, Derivatives, Mutual funds, SIP, IPO, NCD and Bonds, ETFs, Currency, Depository Services (Demat Account) | Equity, IPO, and Direct Mutual Funds |
| Find more info about broker | ||
| Special Offer | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest – 9.99% p.a. ⏱ 5 min | 100% Online | Paperless | 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. |
| AxisDirect | Groww | |
|---|---|---|
| Demat Account Opening Fee | Nil | ₹0 (Free) |
| Demat Account AMC |
| ₹0 (Free) |
| Advance Deposit | Nil | ₹0 |
| Open AxisDirect Account | Open Groww Account |
| AxisDirect | Groww | |
|---|---|---|
| Dematerialisation Charges |
| ₹150 per certificate + courier charges |
| Rematerialisation Charges |
| ₹150 per certificate + courier charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) |
| 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 |
| ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | Nil | |
| Pledge Invocation Charges |
| ₹20 |
| Failed Instruction Charges | Rs 10 per Instruction | ₹50 per ISIN |
| Other Charges |
| KYC Modification: ₹100 |
| AxisDirect Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | AxisDirectSpecial OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! | GrowwSpecial OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |