One of the popular financial services in the country happens to be Master Trust. Its core beliefs are nurtured towards investment, attitude and sound & philosophical investment approach eloping in the investment universe. The company has a considerable track record for over two decades. Ever since its inception, the company has grown strong with 650+ employees and served over 1,50,000+ clients to date.
Master Trust is a discount brokerage company which is a subsidiary of Master Capital Services Pvt Ltd. Due to the efforts pulled in by Mr Harjeet Singh and Mr R. K. Singhania, the company was founded in 1994. Currently, the company is located at the financial capital of India, Mumbai.
In 1994, the company acquired its membership of NSE. After which it attained its membership in various depository and exchanges services such as NSDL & CSDL. Furthermore, the stockbroker opened gateways to trade with MCX-SX &
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
Charge | Master Trust | Groww |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹100 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 per year | ₹300 p.a. (wherein ₹25 charged quarterly) |
Charge | Master Trust | Groww |
---|---|---|
Plan Name | 20:20 Plan | Standard Plan |
Equity Delivery | ₹0 | ₹0 |
Equity Intraday | ₹20 per executed order | ₹20 or 0.01% of executed order value |
Equity Futures | ₹20 per executed order | N/A |
Equity Options | ₹20 per executed order | N/A |
Currency Futures | ₹20 per executed order | N/A |
Currency Options | ₹20 per executed order | N/A |
Commodity Options | ₹20 per executed order | N/A |
Mutual Fund | N/A | N/A |
Segment | Master Trust | Groww |
---|---|---|
Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | N/A |
Equity Intraday | Upto 6x | N/A |
Equity Future | Upto 4x | N/A |
Equity Options | Upto 5x | N/A |
Currency Future | Upto 3x | N/A |
Currency Options | Upto 3x | N/A |
Commodity Future | Upto 1x | N/A |
Commodity Options | Upto 1x | N/A |