The side-by-side comparison of Nuvama (Edelweiss) and Groww Demat Account. Compare Nuvama (Edelweiss) Vs Groww Demat Account charges, AMC and Fees. Read Groww and Nuvama (Edelweiss) demat Account review.
Find out Nuvama (Edelweiss) Vs Groww which is better demat account and Nuvama (Edelweiss) Vs Groww which is best demat account.
Our Nuvama Wealth & Investment Limited demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between Nuvama (Edelweiss) and Groww.
| Nuvama (Edelweiss) | Groww | |
|---|---|---|
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| About the Broker | Nuvama Wealth is part of the Edelweiss Group, India's leading diversified financial services company. With over 10 lakh clients and 4500 sub-brokers offices, Edelweiss Group has strong presence across 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 | 12032300 | 88700 |
| Contact Info | 201 to 203, Zodiac Plaza, Xavier College Road, Off C G Road, Ahmedabad, Gujarat - 380009 | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Equity, Derivatives, Currencies, Mutual Funds, Gold ETFs, IPOs, Depository Participant | Equity, IPO, and Direct Mutual Funds |
| Find more info about broker | ||
| 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: ₹0 Account Opening| ₹0 Annual Maintenance Charges| Trade across segments at ₹20/order| Free Mutual Funds Investment| Zero hidden charges. Open your FREE Groww Demat account |
| Nuvama (Edelweiss) | Groww | |
|---|---|---|
| Demat Account Opening Fee | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹500 per year (1st year free) | ₹0 (Free) |
| Advance Deposit | Nil | ₹0 |
| Open Groww Account |
| Nuvama (Edelweiss) | Groww | |
|---|---|---|
| Dematerialisation Charges | ₹2 per certificate + ₹30 for postage | ₹150 per certificate + courier charges |
| Rematerialisation Charges | ₹10 per 100 securities or part thereof (Subject to minimum of ₹10 per request) + ₹30 for postage | ₹150 per certificate + courier charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | 0.02% of the transaction value or ₹20 per transaction, whichever is higher | 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 | 0.02% of the transaction value or ₹50 per transaction, whichever is higher | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | Nil | |
| Pledge Invocation Charges | 0.02% of the transaction value or ₹25 per transaction, whichever is higher | ₹20 |
| Failed Instruction Charges | Nil | ₹50 per ISIN |
| Other Charges | Account Closing: Nil | KYC Modification: ₹100 |
| Nuvama (Edelweiss) Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| GrowwSpecial OfferStart your investing journey with one of India’s most cost-effective platform.
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