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Mirae Asset Sharekhan Vs Anand Rathi NRI Account Comparison

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

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

Our Mirae Asset Sharekhan comparison with Anand Rathi highlights the major differences between two brokers. Find the best between Mirae Asset Sharekhan and Anand Rathi NRI Account.

Mirae Asset Sharekhan Vs Anand Rathi

 Mirae Asset SharekhanAnand Rathi
 
 Mirae Asset Sharekhan LogoAnand Rathi 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 SharekhanAnand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...Know more about Anand Rathi
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.

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 Anand Rathi Charges

 Mirae Asset SharekhanAnand Rathi
NRI Account Opening Fees₹2000Rs 0
NRI Account AMC₹3000Rs 0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 400 (Free for 1st year)450 + GST 18% = 532 (1st year free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST

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Mirae Asset Sharekhan Vs Anand Rathi NRI Account Brokerage Comparison

Account TypeMirae Asset Sharekhan Mirae Asset Sharekhan NRI AccountAnand Rathi NRI Account
Equity Delivery0.50%0.30%
Equity Futures0.1% on first leg and 0.02% on second leg0.03%
Equity Options₹250 per contract noteRs 50 per lot

Other Charges

Contract Note Reporting ChargesNA
Other Brokerage ChargesPIS Acct AMC: ₹1000Demat AMC: Rs 450 per year
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 Anand Rathi NRI Account Taxes/Fees

 Mirae Asset SharekhanAnand Rathi
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 Anand Rathi NRI Account Margin

 Mirae Asset Sharekhan MarginAnand Rathi 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 Anand Rathi NRI Account Features

 Mirae Asset SharekhanAnand Rathi
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesYes
Other FeaturesCall & Trade, Dedicated Relationship Manager, Branch Support

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Mirae Asset Sharekhan Vs Anand Rathi NRI Account Review

 Mirae Asset Sharekhan ReviewAnand Rathi Review
 316 Customer Reviews    Rate Mirae Asset Sharekhan18 Customer Reviews    Rate Anand Rathi
FeesRated 3.0 starsRated 3.1 stars
BrokerageRated 2.8 starsRated 3.2 stars
Trading PlatformRated 3.7 starsRated 3.0 stars
Customer ServiceRated 3.3 starsRated 3.2 stars
Overall RatingRated 3.3 starsRated 2.9 stars
Broker RatingMirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviewsAnand Rathi is Rated 2.9 / 5 based on 18 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 Anand Rathi NRI Investment Options

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

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Mirae Asset Sharekhan Vs Anand Rathi NRI Customer Service

 Mirae Asset SharekhanAnand Rathi
Customer Care Number+91 022 65185000291 666 1001
Customer Care Emailnridesk@miraeassetsharekhan.comnridesk@rathi.com

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Mirae Asset Sharekhan Vs Anand Rathi Order Type Offered for NRI Account

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

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Mirae Asset Sharekhan Vs Anand Rathi - NRI Account Advantages and Disadvantages

 Mirae Asset SharekhanAnand Rathi
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.
  • Advanced online trading platforms.
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
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.
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
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.

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.

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

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