The side-by-side comparison of Aditya Birla Money and AxisDirect NRI Account. Compare Aditya Birla Money Vs AxisDirect NRI Account brokerage charges, exposure margin, demat account and AMC. Read AxisDirect and Aditya Birla Money NRI Account reviews.
Find out Aditya Birla Money Vs AxisDirect which is better NRI Trading Account. See Aditya Birla Money Vs AxisDirect which is best NRI Demat Account.
Our Aditya Birla Money Ltd comparison with Axis Securities highlights the major differences between two brokers. Find the best between Aditya Birla Money and AxisDirect NRI Account.
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| Ā | ||
| Ā |  |  |
| About the Broker | Aditya 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... | Axis 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... |
| Account Type | 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. | Special Offer: Zero Intraday Brokerage with Axis Direct! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| NRI Account Opening Fees | ā¹750 | ā¹2500 |
| NRI Account AMC | ā¹450 | ā¹0 |
| NRI Demat Account Opening Fees | Nil | Rs 0 |
| NRI Demat Account AMC | Rs 436 | Rs 750 (free for 1st year) |
| PIS Account AMC | ||
| RBI approval for PIS (One time) | ā¹500 + GST | ā¹500 + GST |
| Open AxisDirect Account |
| Account Type | Aditya Birla Money | AxisDirect NRI Account |
|---|---|---|
| Equity Delivery | 0.75% | |
| Equity Futures | 0.05% | |
| Equity Options | Intraday: 1p per lot, Carry Forward: ā¹10 per lot | |
| Open AxisDirect Account |
| Contract Note Reporting Charges | ā¹25 for BSE | ā¹50 for NSE | |
| Other Brokerage Charges | PIS Acct AMC: ā¹1,500, Minimum Brokerage ā¹50 | |
| 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% |
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (ā¹5/Crore) | 0.00005% (ā¹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% 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. |
| Ā | Aditya Birla Money Margin | AxisDirect Margin |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
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. | ||
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open AxisDirect Account |
| Ā | Aditya Birla Money Review | AxisDirect Review |
|---|---|---|
| Ā | 30 Customer Reviews Ā Ā Ā  | 89 Customer Reviews Ā Ā Ā |
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| Trading Platform |  |  |
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| Overall Rating |  | |
| Broker Rating | Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Open AxisDirect Account |
| Ā | Aditya Birla Money Enquire | Aditya Birla Money 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! MTF Interest ā 9.99% p.a. ā± 5 min | 100% Online | Paperless |
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| Customer Care Number | 18002707000 | +91 22 4257 0809 |
| Customer Care Email | ||
| Open AxisDirect Account |
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Ā | Aditya Birla Money | AxisDirect |
|---|---|---|
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Conclusion | 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. | 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
| AxisDirectSpecial OfferZero Intraday Brokerage with Axis Direct!
Limited-time offer! |
| Open AxisDirect Account |
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