A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.
A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000
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 | Motilal Oswal | Karvy Stock Broking Ltd. |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹1000 (One-time) | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹299 | ₹500 p.a. (For 1st year: Free) |
Charge | Motilal Oswal | Karvy Stock Broking Ltd. |
---|---|---|
Plan Name | Default Plan | Basic Plan |
Equity Delivery | 0.50% | 0.3% |
Equity Intraday | 0.05% (both side) | 0.03% |
Equity Futures | 0.05% (both side) | 0.03% |
Equity Options | ₹100 per lot (both side) | ₹50 per lot |
Currency Futures | ₹20 per lot (both side) | 0.03% |
Currency Options | ₹20 per lot (both side) | ₹50 per lot |
Commodity Options | 0.05% (both side) | 0.01% only on the sell side |
Mutual Fund | N/A | N/A |
Segment | Motilal Oswal | Karvy Stock Broking Ltd. |
---|---|---|
Equity Delivery | 4x | Upto 5x |
Equity Intraday | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x | Upto 20x |
Equity Future | Upto 3x | Upto 4x |
Equity Options | Nil | Upto 4x for shorting |
Currency Future | N/A | Nil |
Currency Options | Nil | Nil |
Commodity Future | Upto 3x | Upto 4x |
Commodity Options | N/A | N/A |