It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
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 | Yes Securities | Groww |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹200 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 | ₹300 p.a. (wherein ₹25 charged quarterly) |
Charge | Yes Securities | Groww |
---|---|---|
Plan Name | Invest Value Plan | Standard Plan |
Equity Delivery | 0.45% | ₹0 |
Equity Intraday | 0.05% | ₹20 or 0.01% of executed order value |
Equity Futures | 0.05%, Intraday - 0.02% | N/A |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | N/A |
Currency Futures | 0.05%, Intraday - 0.02% | N/A |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | N/A |
Commodity Options | N/A | N/A |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | Groww |
---|---|---|
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 |