AxisDirect vs Karvy Stock Broking Ltd. Comparison: 2024

About AxisDirect

It is the lineage of the Axis group and a subsidiary of India's third largest private sector bank. Axis direct provides a wide spectrum of investment and trading solutions to over 20 million clients. It won the title of Top Equity broker two years in a row  2018-19 by the BSE outlook. It allows trade via BSE, NSE, MCX and NCDEX exchange.

Axis Direct: Overview

The Mumbai-based subsidiary was started in 2011 by key people of the Axis group, B. Gopkumar (MD) and Anand Shaha (ED). It offers various financial products to its consumers like Mutual funds, SIP, Equity derivatives, IPO, ETFs, Tax Saving , Fixed income etc. With the motto and tagline of #SimpleHai Axis Direct aims to become a key player in the retails broking industry. They are a full-service broker firm  with over 75 branches across India.

In addition to this, Axis direct provides the 3-in-1 account facility which

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