Prabhudas Lilladher vs Groww Comparison: 2024

About Prabhudas Lilladher

Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.

PL India: Formation & Glimpse

Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?

That brings us to today’s topic, "Prabhudas Lilladher".

Let us start by answering the first question: Who is Prabhudas Lilladher?

Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.

But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.

The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.

Moreover, PL India is

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

Prabhudas Lilladher vs Groww Account Opening Charges: 2024

ChargePrabhudas LilladherGroww
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹200
Trading Account AMC₹0₹0
Demat Account AMC₹250, free for 1st year₹300 p.a. (wherein ₹25 charged quarterly)

Prabhudas Lilladher vs Groww Brokerage Charges and Plans : 2024

ChargePrabhudas LilladherGroww
Plan NameN/AStandard Plan
Equity Delivery0.2%₹0
Equity Intraday0.02%₹20 or 0.01% of executed order value
Equity Futures0.02%N/A
Equity Options0.02%N/A
Currency Futures0.02% to 0.01%N/A
Currency Options₹15 per LotN/A
Commodity Options0.02%N/A
Mutual FundN/AN/A

Prabhudas Lilladher vs Groww Margin / Exposure: 2024

SegmentPrabhudas LilladherGroww
Equity DeliveryN/AN/A
Equity IntradayN/AN/A
Equity FutureN/AN/A
Equity OptionsN/AN/A
Currency FutureN/AN/A
Currency OptionsN/AN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A
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