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
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Charge | Groww | Indiabulls |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹200 | ₹500 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 p.a. (wherein ₹25 charged quarterly) | ₹450 |
Charge | Groww | Indiabulls |
---|---|---|
Plan Name | Standard Plan | Equity Unlimited Trade Plan |
Equity Delivery | ₹0 | ₹0 |
Equity Intraday | ₹20 or 0.01% of executed order value | ₹0 |
Equity Futures | N/A | ₹15 per trade |
Equity Options | N/A | ₹15 per trade |
Currency Futures | N/A | ₹15 per trade |
Currency Options | N/A | ₹15 per trade |
Commodity Options | N/A | 0.03% |
Mutual Fund | N/A | N/A |
Segment | Groww | Indiabulls |
---|---|---|
Equity Delivery | N/A | 1x (No margin) |
Equity Intraday | N/A | Upto 5x |
Equity Future | N/A | Intra-day: 4x | Carry forward: 1x |
Equity Options | N/A | Intra-day: 4x | Carry forward: 1x |
Currency Future | N/A | Intra-day: 2x | Carry forward: 1x |
Currency Options | N/A | Intra-day: 2x | Carry forward: 1x |
Commodity Future | N/A | N/A |
Commodity Options | N/A | N/A |