Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Please note than as of Friday, 22 Nov, 2019, Karvy Stock Broking Ltd is barred by SEBI from taking on any new clients, after finding alleged client-related fraud. However, Karvy will still serve the existing client base. They can still trade and manage the existing client’s demat accounts, and still serve services like applying in IPOs, and still retain the option to close their account anytime, but opening up of new accounts is prohibited.
Karvy Stock Broking Ltd (KSBL), established in 1990, is a subsidiary of KARVY Group, who happen to be one of India's popular financial services company. The firm, being a full service broker, offers stock broking and research advisory services too.
Karvy Stock Broking: Overview
Karvy Stock Broking Ltd (KSBL) is based out of Hyderabad, and is the brokerage-subsidiary Karvy Group. The firm happens to be a registered member of BSE, NSE, MCX, and ICEX along with being a registered
Charge | Anand Rathi | Karvy Stock Broking Ltd. |
---|---|---|
Demat Account Opening Charges | ₹550 (One time) | ₹0 |
Trading Acc Opening Charges | ₹750 (One time) | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹299 from second year onward | ₹500 p.a. (For 1st year: Free) |
Charge | Anand Rathi | Karvy Stock Broking Ltd. |
---|---|---|
Plan Name | Standard Plan | Basic Plan |
Equity Delivery | 0.5% - 0.15% | 0.3% |
Equity Intraday | 0.05% -0.015% | 0.03% |
Equity Futures | 0.05% -0.015% | 0.03% |
Equity Options | ₹75 to ₹20 | ₹50 per lot |
Currency Futures | 0.05% -0.015% | 0.03% |
Currency Options | ₹75 to ₹20 | ₹50 per lot |
Commodity Options | 0.008% - 0.05% | 0.01% only on the sell side |
Mutual Fund | N/A | N/A |
Segment | Anand Rathi | Karvy Stock Broking Ltd. |
---|---|---|
Equity Delivery | N/A | Upto 5x |
Equity Intraday | N/A | Upto 20x |
Equity Future | N/A | Upto 4x |
Equity Options | N/A | Upto 4x for shorting |
Currency Future | N/A | Nil |
Currency Options | N/A | Nil |
Commodity Future | N/A | Upto 4x |
Commodity Options | N/A | N/A |