One of the popular financial services in the country happens to be Master Trust. Its core beliefs are nurtured towards investment, attitude and sound & philosophical investment approach eloping in the investment universe. The company has a considerable track record for over two decades. Ever since its inception, the company has grown strong with 650+ employees and served over 1,50,000+ clients to date.
Master Trust is a discount brokerage company which is a subsidiary of Master Capital Services Pvt Ltd. Due to the efforts pulled in by Mr Harjeet Singh and Mr R. K. Singhania, the company was founded in 1994. Currently, the company is located at the financial capital of India, Mumbai.
In 1994, the company acquired its membership of NSE. After which it attained its membership in various depository and exchanges services such as NSDL & CSDL. Furthermore, the stockbroker opened gateways to trade with MCX-SX &
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 | Master Trust | Karvy Stock Broking Ltd. |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹100 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 per year | ₹500 p.a. (For 1st year: Free) |
Charge | Master Trust | Karvy Stock Broking Ltd. |
---|---|---|
Plan Name | 20:20 Plan | Basic Plan |
Equity Delivery | ₹0 | 0.3% |
Equity Intraday | ₹20 per executed order | 0.03% |
Equity Futures | ₹20 per executed order | 0.03% |
Equity Options | ₹20 per executed order | ₹50 per lot |
Currency Futures | ₹20 per executed order | 0.03% |
Currency Options | ₹20 per executed order | ₹50 per lot |
Commodity Options | ₹20 per executed order | 0.01% only on the sell side |
Mutual Fund | N/A | N/A |
Segment | Master Trust | Karvy Stock Broking Ltd. |
---|---|---|
Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | Upto 5x |
Equity Intraday | Upto 6x | Upto 20x |
Equity Future | Upto 4x | Upto 4x |
Equity Options | Upto 5x | Upto 4x for shorting |
Currency Future | Upto 3x | Nil |
Currency Options | Upto 3x | Nil |
Commodity Future | Upto 1x | Upto 4x |
Commodity Options | Upto 1x | N/A |