Indiabulls Securities Vs AxisDirect Demat Account Comparison

Nil

Nil

Demat AMC charges are based on the value of holdings in the demat account.

• Holding up to Rs 4,00,000 – No AMC (Free)
  
  
• Holding between Rs 4,00,001 and Rs 10,00,000 – Rs 100 per year
  
  
• Holding above Rs 10,00,000 or not eligible for BSDA:
  
  
• Individual Account – Rs 300 per year
  
  
• Corporate Account – Rs 1,000 per year

• 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 year 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 clients + CDSL AMC of Rs 500
  • Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500

Nil

Nil

Rs. 5/- per certificate/unit + Rs. 50/- courier 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.

1. A fee of Rs. 35/- for every 100 securities or part thereof (OR)
2. A flat fee of Rs. 35/- per certificate, whichever is higher

• 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

1. Within Indiabulls - Rs. 20/- or 0.02% of the transaction value (whichever is higher)
2. Outside Indiabulls - Rs. 30/- or 0.03% of the transaction value (whichever is higher)

• 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 35/- or 0.02% of the transaction value (whichever is higher)

• 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 35/- or 0.02% of the transaction value (whichever is higher)

Nil

Rs 35/- or 0.02% of the transaction value (whichever is higher)

• 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.

Nill

Rs 10 per Instruction

1. Courier/Postal Charges for the dispatch of documents in hard form - Rs 50
2. Margin Pledge Creation/Closure - Rs 15
3. Margin Trading Funding Pledge - Creation - Rs. 35/- per instruction
4. Renewal charges for resuming the Services - Rs 100 per account.

• 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