Anand Rathi vs Karvy Stock Broking Ltd. Comparison: 2024

About Anand Rathi

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.

Anand Rathi: An Overview

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

About Karvy Stock Broking Ltd.

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

Anand Rathi vs Karvy Stock Broking Ltd. Account Opening Charges: 2024

ChargeAnand RathiKarvy 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)

Anand Rathi vs Karvy Stock Broking Ltd. Brokerage Charges and Plans : 2024

ChargeAnand RathiKarvy Stock Broking Ltd.
Plan NameStandard PlanBasic Plan
Equity Delivery0.5% - 0.15%0.3%
Equity Intraday0.05% -0.015%0.03%
Equity Futures0.05% -0.015%0.03%
Equity Options₹75 to ₹20₹50 per lot
Currency Futures0.05% -0.015%0.03%
Currency Options₹75 to ₹20₹50 per lot
Commodity Options0.008% - 0.05%0.01% only on the sell side
Mutual FundN/AN/A

Anand Rathi vs Karvy Stock Broking Ltd. Margin / Exposure: 2024

SegmentAnand RathiKarvy Stock Broking Ltd.
Equity DeliveryN/AUpto 5x
Equity IntradayN/AUpto 20x
Equity FutureN/AUpto 4x
Equity OptionsN/AUpto 4x for shorting
Currency FutureN/ANil
Currency OptionsN/ANil
Commodity FutureN/AUpto 4x
Commodity OptionsN/AN/A

Anand Rathi vs Karvy Stock Broking Ltd. Currency Charges and Plans: 2024

Anand Rathi charge 0.05% -0.015% for Currency Futures and ₹75 to ₹20 for Currency Options whereas Karvy Stock Broking Ltd. Charges 0.03% for Currency futures and ₹50 per lot for Currency options.

Anand Rathi vs Karvy Stock Broking Ltd. Commodity Charges and Plans: 2024

Anand Rathi charge 0.008% - 0.05% for commodity and Karvy Stock Broking Ltd. charge 0.01% only on the sell side for commodity.
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