HDFC Securities vs Groww Comparison: 2024

About HDFC Securities

HDFC Securities Ltd, a subsidiary of HDFC Bank. It basically means that you can get a 3-in-1 account service that combines HDFC Securities Trading Account with the HDFC Securities Demat Account, and HDFC Bank account resulting in an amazing trading experience, and above that it also provides a free mutual fund account. It is one of the largest full-service brokers in India with more than 20 lakh customers, including both retail and institutional clients.

HDFC Securities : Overview

HDFC Securites, due to its large customer base, happens to be one of the leading depository participants with both CDSL and NSDL; more than 2.03 million demat accounts with a comprehensive network that has more than 3500 service branches. They have more than 270 branches across 185, catering investment needs of a gigantic diversified customer base including both retail and institutional investors.

HDFC Securities is a registered member of BSE, NSE, IRDA, PFRDA, AMFI,

About Groww

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: A Quick Review

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

HDFC Securities vs Groww Account Opening Charges: 2024

ChargeHDFC SecuritiesGroww
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹999 ₹200
Trading Account AMC₹0₹0
Demat Account AMC₹750₹300 p.a. (wherein ₹25 charged quarterly)

HDFC Securities vs Groww Brokerage Charges and Plans : 2024

ChargeHDFC SecuritiesGroww
Plan NameBasicStandard Plan
Equity Delivery0.50%₹0
Equity Intraday0.05%₹20 or 0.01% of executed order value
Equity Futures0.05%N/A
Equity Options₹100 per lot or 1% of the premium (whichever is higher)N/A
Currency Futures₹23 per contractN/A
Currency Options₹20 per contractN/A
Commodity Options0.02% for Intraday / 0.025% for positionalN/A
Mutual FundN/AN/A

HDFC Securities vs Groww Margin / Exposure: 2024

SegmentHDFC SecuritiesGroww
Equity Delivery2xN/A
Equity IntradayUpto 20xN/A
Equity FutureNilN/A
Equity OptionsNilN/A
Currency FutureNilN/A
Currency OptionsNilN/A
Commodity FutureNilN/A
Commodity OptionsN/AN/A
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