The side-by-side comparison of Groww and m.Stock Demat Account. Compare Groww Vs m.Stock Demat Account charges, AMC and Fees. Read m.Stock and Groww demat Account review.
Find out Groww Vs m.Stock which is better demat account and Groww Vs m.Stock which is best demat account.
Our Groww Invest Tech Pvt Ltd. demat account comparison with Mirae Asset Capital Markets highlights the major differences between two brokers. Find the best demat between Groww and m.Stock.
| Groww | m.Stock | |
|---|---|---|
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| About the Broker | 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. | mstock is an online stock and commodity trading service of Mirae Asset Mutual Funds, a Korea (Seoul) based global asset manager. Mirae Asset Global Investments was founded in Seoul and now has a presence in 16 countries. |
| DP ID | 88700 | |
| Contact Info | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 | 1st Floor, Tower 4, Equinox Business Park, LBS Marg, Off BKC, Kurla (W), Mumbai 400 070 |
| Services Offered | Equity, IPO, and Direct Mutual Funds | Stock Broking, Demat Account, Margin Funding |
| Find more info about broker | ||
| Special Offer | 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 | 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. |
| Groww | m.Stock | |
|---|---|---|
| Demat Account Opening Fee | ₹0 (Free) | Rs 0 |
| Demat Account AMC | ₹0 (Free) | Rs 219 quarterly (Free Delivery Plan) |
| Advance Deposit | ₹0 | Rs 0 |
| Open Groww Account |
| Groww | m.Stock | |
|---|---|---|
| Dematerialisation Charges | ₹150 per certificate + courier charges | Rs 0 + Rs 100 per courier |
| Rematerialisation Charges | ₹150 per certificate + courier charges | Rs 0 |
| 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 | Rs 12 per ISIN + GST |
| Pledge Creation Charges | ₹20 + ₹12 per request (CDSL Charges) | Rs 32 per PSN (Pledge Sequence Number) |
| Pledge Creation Confirmation Charges | Rs 0 | |
| Pledge Invocation Charges | ₹20 | Rs 32 per PSN (Pledge Sequence Number) |
| Failed Instruction Charges | ₹50 per ISIN | No charge will be applicable for failed instruction |
| Other Charges | KYC Modification: ₹100 | Periodic/Adhoc Statement-Rs 100 per request + Rs 100 per courier |
| Groww Enquire | m.Stock Enquire | |
|---|---|---|
| Contact Broker | GrowwSpecial OfferStart your investing journey with one of India’s most cost-effective platform.
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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