How much is the commission in FundsIndia?
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How much is the commission in FundsIndia?
FundsIndia charges a brokerage rate of Rs. 25 or 30 basis points (bps), i.e., 30 paise on every Rs. 100 charged, whichever is higher. Please note that there are additional charges that all brokers are legally required to charge on equity transactions as required by the Securities and Exchange Board of India (SEBI).
The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Sharekhan ranges between 0.1 to 0.5\%. Zerodha is a Discount Broker where Sharekhan is a Full Service Broker. Zerodha is having overall higher rating compare to Sharekhan. Zerodha is rated 4.5 out of 5 where Sharekhan is rated only 4 out of 5.
How is the FundsIndia demat account?
a Premium Demat Account, and a Basic Services Demat Account (BSDA)….FundsIndia Equity Accounts.
| Category | Premium Demat FundsIndia Account | Basic Services Demat Account |
|---|---|---|
| Brokerage Charges | Delivery – 30 basis points Intraday – 3 basis points | Delivery – 30 basis points Intraday – 3 basis points |
How is Zerodha different from sharekhan?
Sharekhan is a full-service broker while Zerodha is a discount stock broker. Sharekhan offers personalized services through its thousands of branches and franchise offices in almost every town in India while Zerodha is an online broker with no branches.
Is FundsIndia a broker?
Yes, we are a registered stock broker with the Bombay Stock Exchange (BSE). Our SEBI registration number is INB011468932.
Does FundsIndia charge for mutual funds?
Yes, investing in mutual funds through FundsIndia is absolutely free. There are no account opening charges, transaction or maintenance fees. In the case of mutual funds, we earn through the trail revenue that we receive from the mutual fund houses.
Is sharekhan good for trading?
Is Sharekhan reliable? Yes, Sharekhan is a reliable stock broker. It is one of the most trusted stock brokers in India for over 2 decades. It is being audited by exchanges (BSE, NSE and MCX) and depository (CDSL) regularly.
Can I open demat account in FundsIndia?
You can open an equity trading account with FundsIndia in just two simple steps: Enter your investor profile in our ‘Equity’ section. Download your demat application form from the ‘Downloads’ section of your account, sign it, and send it to us along with your KYC documents (as mentioned in the form).
What is the brokerage in FundsIndia?
At FundsIndia the brokerage is Rs. 25 or 30 basis points (i.e. 30 paisa on every Rs 100 charged), whichever is higher. Please note that there are additional charges that all brokers are legally required to charge on equity transactions as per SEBI.
Both offer good charting systems. With Zerodha you can trade very cheaply, Sharekhan is pretty expensive as far as brokerage is concerned. Zerodha has two trading platforms, Sharekhan offers only one. At the end it does not really matter, which broker you work with but how skilled you are as a trader.
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