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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Account Comparison

The side-by-side comparison of Mirae Asset Sharekhan and Aditya Birla Money NRI Account. Compare Mirae Asset Sharekhan Vs Aditya Birla Money NRI Account brokerage charges, exposure margin, demat account and AMC. Read Aditya Birla Money and Mirae Asset Sharekhan NRI Account reviews.

Find out Mirae Asset Sharekhan Vs Aditya Birla Money which is better NRI Trading Account. See Mirae Asset Sharekhan Vs Aditya Birla Money which is best NRI Demat Account.

Our Mirae Asset Sharekhan comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Aditya Birla Money NRI Account.

Mirae Asset Sharekhan Vs Aditya Birla Money

 Mirae Asset SharekhanAditya Birla Money
 
 Mirae Asset Sharekhan LogoAditya Birla Money Logo
About the BrokerEstablished in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and inves...Know more about Mirae Asset SharekhanAditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv...Know more about Aditya Birla Money Ltd
Account TypeMirae Asset Sharekhan NRI Account
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.

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.


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Mirae Asset Sharekhan Vs Aditya Birla Money Charges

 Mirae Asset SharekhanAditya Birla Money
NRI Account Opening Fees₹2000₹750
NRI Account AMC₹3000₹450
NRI Demat Account Opening FeesRs 0 (Free)Nil
NRI Demat Account AMCRs 400 (Free for 1st year)Rs 436
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST

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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Account Brokerage Comparison

Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountAditya Birla Money
Equity Delivery0.50%
Equity Futures0.1% on first leg and 0.02% on second leg
Equity Options₹250 per contract note

Other Charges

Contract Note Reporting Charges₹25 for BSE | ₹50 for NSE
Other Brokerage ChargesPIS Acct AMC: ₹1000
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%
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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Account Taxes/Fees

 Mirae Asset SharekhanAditya Birla Money
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% on delivery based turnover and 0.002% on non-delivery based turnover.0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Account Margin

 Mirae Asset Sharekhan MarginAditya Birla Money Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Mirae Asset Sharekhan and Aditya Birla Money NRI Account Features

 Mirae Asset SharekhanAditya Birla Money
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support

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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Account Review

 Mirae Asset Sharekhan ReviewAditya Birla Money Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan30 Customer Reviews    Rate Aditya Birla Money
FeesRated 3.0 starsRated 3.2 stars
BrokerageRated 2.8 starsRated 3.2 stars
Trading PlatformRated 3.7 starsRated 3.3 stars
Customer ServiceRated 3.3 starsRated 2.9 stars
Overall RatingRated 3.3 starsRated 3.0 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews

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Contact Broker / Request A Call Back

 Mirae Asset Sharekhan EnquireMirae Asset Sharekhan Enquire
Contact Broker
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.
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.
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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Investment Options

 Mirae Asset SharekhanAditya Birla Money
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsPMS, Wealth Management

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Mirae Asset Sharekhan Vs Aditya Birla Money NRI Customer Service

 Mirae Asset SharekhanAditya Birla Money
Customer Care Number+91 022 651850018002707000
Customer Care Emailnridesk@miraeassetsharekhan.com

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Mirae Asset Sharekhan Vs Aditya Birla Money Order Type Offered for NRI Account

 Mirae Asset SharekhanAditya Birla Money
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

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Mirae Asset Sharekhan Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

 Mirae Asset SharekhanAditya Birla Money
Pros
  1. One of the largest stockbrokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs, and Bonds.
  5. Offers PMS services for wealth management.
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • Part of Aditya Birla group, a financial services conglomerate
  • Provides a wide range of financial services under one roof
  • Offers research advice and stock recommendations
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
  • Doesn't offer an IPO investment option.
  • Robo advisory facility is not available.
Conclusion

Mirae Asset Sharekhan is a good choice as a stockbroker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.

Promo / Offers

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.

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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