Groww is a leading mutual fund investment platform now widening its wings into the stock investing world as well. So, here we'll have an exclusive Groww Review covering its features, types of Demat account, brokerage plans and much more.
Brokerage firms offer various plans and services to make life in trading as seamless as possible. But for those who are willing to avail these have to open a Demat and trading account. For the same, choosing the appropriate stock broker is very essential. Groww is one of the many stock brokerage firms that offer stock trading opportunities. Let’s have a brief overview of the company and the trading and Demat account it provides.
Groww initially started as a mutual fund investment platform and was launched in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. The company offers trading or investment opportunities in mutual funds and
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Charge | Groww | Anand Rathi |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹550 (One time) |
Trading Acc Opening Charges | ₹200 | ₹750 (One time) |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 p.a. (wherein ₹25 charged quarterly) | ₹299 from second year onward |
Charge | Groww | Anand Rathi |
---|---|---|
Plan Name | Standard Plan | Standard Plan |
Equity Delivery | ₹0 | 0.5% - 0.15% |
Equity Intraday | ₹20 or 0.01% of executed order value | 0.05% -0.015% |
Equity Futures | N/A | 0.05% -0.015% |
Equity Options | N/A | ₹75 to ₹20 |
Currency Futures | N/A | 0.05% -0.015% |
Currency Options | N/A | ₹75 to ₹20 |
Commodity Options | N/A | 0.008% - 0.05% |
Mutual Fund | N/A | N/A |
Segment | Groww | Anand Rathi |
---|---|---|
Equity Delivery | N/A | N/A |
Equity Intraday | N/A | N/A |
Equity Future | N/A | N/A |
Equity Options | N/A | N/A |
Currency Future | N/A | N/A |
Currency Options | N/A | N/A |
Commodity Future | N/A | N/A |
Commodity Options | N/A | N/A |