It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
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 | Yes Securities | Karvy Stock Broking Ltd. |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 | ₹500 p.a. (For 1st year: Free) |
Charge | Yes Securities | Karvy Stock Broking Ltd. |
---|---|---|
Plan Name | Invest Value Plan | Basic Plan |
Equity Delivery | 0.45% | 0.3% |
Equity Intraday | 0.05% | 0.03% |
Equity Futures | 0.05%, Intraday - 0.02% | 0.03% |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | ₹50 per lot |
Currency Futures | 0.05%, Intraday - 0.02% | 0.03% |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | ₹50 per lot |
Commodity Options | N/A | 0.01% only on the sell side |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | 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 |