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AxisDirect Vs Monarch Networth Demat Account Comparison

The side-by-side comparison of AxisDirect and Monarch Networth Demat Account. Compare AxisDirect Vs Monarch Networth Demat Account charges, AMC and Fees. Read Monarch Networth and AxisDirect demat Account review.

Find out AxisDirect Vs Monarch Networth which is better demat account and AxisDirect Vs Monarch Networth which is best demat account.

Our Axis Securities demat account comparison with Monarch Networth Capital Ltd highlights the major differences between two brokers. Find the best demat between AxisDirect and Monarch Networth.

AxisDirect Vs Monarch Networth

	AxisDirect	Monarch Networth


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.
DP ID	12027500	35000 and IN303052
Contact Info	Gigaplex, Bldg No.1, 4th Floor, Plot No. I.T.5, MIDC Airoli Knowledge Park, Airoli, Navi Mumbai, Maharashtra, India 400708	Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat
Services Offered	Equity, Derivatives, Mutual funds, SIP, IPO, NCD and Bonds, ETFs, Currency, Depository Services (Demat Account)
Find more info about broker	AxisDirect Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs	Monarch Networth Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe?API Review FAQs
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: FREE account opening. Open an Instant Account & start investing with minimum brokerage along with benefit of research

AxisDirect Vs Monarch Networth Demat Account Opening Charges

	AxisDirect	Monarch Networth
Demat Account Opening Fee	Nil	Rs 0 (Free)
Demat Account AMC	Retail Account: Axis Bank Customer: Rs 750 per year (1st year free). BSDA Account: Nil for holding value till Rs 50,000 Rs 100 per yearÂ for holding value from Rs 50,001 to Rs 2,00,000 Holding value above Rs 2,00,000 tariff for Retail account will be applicable. Corporate Account: Rs 400 for Axis Bank clientsÂ + CDSL AMC of Rs 500 Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500	Rs 350 p.a. (First 6 Month Free)
Advance Deposit	Nil	Rs 0
		Open Monarch Networth Account

AxisDirect Vs Monarch Networth Demat Charges

	AxisDirect	Monarch Networth
Dematerialisation Charges	Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units. Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.	Rs 5 Per Certificate with min Rs 40 Per request + Rs 45 Courier Charges per request
Rematerialisation Charges	Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units. Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request	Rs 45 Postage Charges + Rs 10 Per 100 Securities / Rs 20 Per Certificate whichever is higher, Maximum Rs 5,00,000
Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)	Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units. BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units. Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.	Rs 20 or 0.025% (Whichever is higher)
Pledge Creation Charges	Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Corporate Account: Flat Rs 50 per request.	Rs 15 Per Instruction
Pledge Creation Confirmation Charges	Nil
Pledge Invocation Charges	Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Corporate Account: Flat Rs 50 per request.	Rs 15 Per Instruction
Failed Instruction Charges	Rs 10 per Instruction	Rs 50 Per Instruction
Other Charges	Ad-hoc Statement - Rs 100 per statement Quarterly (Physical) statement Retail Account - Nil BSDA Account - Rs 25 per statement Account Modification Charges Retail Account - Nil BSDA Account - Rs 100 DIS Booklet Charge Retail Account - NIL BSDA Account - Rs 200 per booklet Redemption of mutual fund units through DP - Rs 25 per instruction	Market/Off Market Transfer (Per Transaction): Rs 30 or 0.030% (Whichever is higher) Margin Pledge in favour of TM/CM: Rs 12 Per Instruction In favour of MNCL Rs 25 Per Instruction In favour of other than MNCL

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	AxisDirect Enquire	Monarch Networth Enquire
Contact Broker	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Monarch NetworthSpecial Offer Monarch Networth (Equity Delivery: 0.15%) Free account opening for all people. Pay 0.01% for Equity Intraday trades. Open an instant Monarch Networth account online and start trading today.

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AxisDirect Vs Monarch Networth Demat Account Comparison

AxisDirect Vs Monarch Networth

AxisDirect Vs Monarch Networth Demat Account Opening Charges

AxisDirect Vs Monarch Networth Demat Charges

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