Mirae Asset Sharekhan Vs AxisDirect NRI Account Comparison

Mirae Asset Sharekhan Vs AxisDirect

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

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

Our Mirae Asset Sharekhan comparison with Axis Securities highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and AxisDirect NRI Account.

Ā Mirae Asset SharekhanAxisDirect
Ā 
Ā Mirae Asset Sharekhan LogoAxisDirect 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 SharekhanAxis Bank, the 3rd largest private bank in India, offers a 4-in-1 account to NRI customers. This account is a combination of a PIS & Non-PIS Bank Account, Trading Account, and Demat Account. Axis Bank has 10 international branch offices across the w...Know more about Axis Securities
Account TypeMirae Asset Sharekhan NRI AccountNRI 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.

Special Offer:

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Mirae Asset Sharekhan Vs AxisDirect Charges

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Ā Mirae Asset SharekhanAxisDirect
NRI Account Opening Fees₹2000₹2500
NRI Account AMC₹3000₹0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0
NRI Demat Account AMCRs 400 (Free for 1st year)Rs 750 (free for 1st year)
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Mirae Asset Sharekhan Vs AxisDirect NRI Account Brokerage Comparison

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Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountAxisDirect NRI Account
Equity Delivery0.50%0.75%
Equity Futures0.1% on first leg and 0.02% on second leg0.05%
Equity Options₹250 per contract noteIntraday: 1p per lot, Carry Forward: ₹10 per lot
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Other Charges

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Contract Note Reporting Charges
Other Brokerage ChargesPIS Acct AMC: ₹1000PIS Acct AMC: ₹1,500, Minimum Brokerage ₹50
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%

Mirae Asset Sharekhan Vs AxisDirect NRI Account Taxes/Fees

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Ā Mirae Asset SharekhanAxisDirect
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.

Mirae Asset Sharekhan Vs AxisDirect NRI Account Margin

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Ā Mirae Asset Sharekhan MarginAxisDirect 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.

Mirae Asset Sharekhan and AxisDirect NRI Account Features

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Ā Mirae Asset SharekhanAxisDirect
3-in-1 AccountNoYes
Automated TradingNoNo
Free Research And TipsYesYes
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support
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Mirae Asset Sharekhan Vs AxisDirect NRI Account Review

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Ā Mirae Asset Sharekhan ReviewAxisDirect Review
Ā 316 Customer Reviews Ā Ā Ā Rate Mirae Asset Sharekhan89 Customer Reviews Ā Ā Ā Rate AxisDirect
FeesRated 3.0 starsRated 2.0 stars
BrokerageRated 2.8 starsRated 1.8 stars
Trading PlatformRated 3.7 starsRated 2.5 stars
Customer ServiceRated 3.3 starsRated 2.1 stars
Overall RatingRated 3.3 starsRated 2.0 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsAxisDirect is Rated 2.0 / 5 based on 89 customer reviews
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Contact Broker / Request A Call Back

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Ā 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.

Zero Intraday Brokerage with Axis Direct!
Why pay more to trade?

MTF Interest – 9.99% p.a.
Options – ₹20 per trade

šŸ”“ Open Account – FREE

ā± 5 min | 100% Online | Paperless

Mirae Asset Sharekhan Vs AxisDirect NRI Investment Options

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Ā Mirae Asset SharekhanAxisDirect
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsPMS, Wealth Management

Mirae Asset Sharekhan Vs AxisDirect NRI Customer Service

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Ā Mirae Asset SharekhanAxisDirect
Customer Care Number+91 022 6518500+91 22 4257 0809
Customer Care Emailnridesk@miraeassetsharekhan.com
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Mirae Asset Sharekhan Vs AxisDirect Order Type Offered for NRI Account

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Ā Mirae Asset SharekhanAxisDirect
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

Mirae Asset Sharekhan Vs AxisDirect - NRI Account Advantages and Disadvantages

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Ā Mirae Asset SharekhanAxisDirect
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.
  1. Offers 4-in-1 account for fast trading experience.
  2. Offers online Mutual Fund, IPO and NCD services.
  3. One-click Trade through Intelligent Order Entry Panel, a unique integrated order entry panel that informs you on your capital gains before placing the trade.
  4. Access to Trade-Passport, a detachable and secure Order Entry Panel, enables trading while researching on any financial website.
  5. Free trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. GTC and AMO orders.
  8. A subsidiary of the reputed Axis Bank.
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.
  1. The Axis brokerage plans are based on the trading value which makes it expensive over flat-fee brokerage charged by Zerodha, Tradeplus, etc.
  2. Axis does not provide online trading facility to USA based NRI clients.
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.

AxisDirect is a good choice as a stock broker for NRIs looking to invest in stocks, derivatives, mutual funds and IPOs in India. The company offers 4-in-1 account and good trading software and investment tools to its customers. Also, the brokerage charges of the company are competitive among full-service brokers. Axis provides many customer-friendly features to NRIs like AMO orders, Call & Trade and Relationship Manager for quick assistance.

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.

Open Instant Demat Account Read Reviews

AxisDirectSpecial Offer

Zero Intraday Brokerage with Axis Direct!

  • Intraday Brokerage FREE
  • Margin Trading at just 9.99% p.a.
  • Options Brokerage at ₹20 per trade

Limited-time offer!
Open your instant Axis Direct account online and start trading today.

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Compare Mirae Asset Sharekhan and AxisDirect with other NRI Brokers

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