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Mangal Keshav Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Mangal Keshav offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Mangal Keshav ranges between 0.03% to 0.30% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Mangal Keshav is having overall lower rating compare to AxisDirect. Mangal Keshav is rated only 3 out of 5 where AxisDirect is rated 3.5 out of 5. Number of active customer for AxisDirect is 3,25,971 where number of active customer for Mangal Keshav is 6,671. AxisDirect is serving more customer compare to Mangal Keshav.

Here we present side-by-side comparison of Mangal Keshav vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Mangal Keshav vs AxisDirect's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Mangal Keshav vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Mangal Keshav vs AxisDirect's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Mangal Keshav vs AxisDirect on Service

  Mangal Keshav Compare
Mangal Keshav
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 6,671 3,25,971
Broker Overview Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme... Know more about Mangal Keshav Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Mangal Keshav vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Mangal Keshav with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Mangal Keshav offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Mangal Keshav charges Rs 750 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Mangal Keshav with AxisDirect
Charges Mangal Keshav AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 750 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Mangal Keshav vs AxisDirect on Plan Options

Plans are the most important feature you look when compare Mangal Keshav with AxisDirect. This section compare on high level about type of plans offered by brokers. Multiple Plans - AxisDirect provides Multiple Plans where Mangal Keshav doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Mangal Keshav with AxisDirect on Plan Options
Plan Types Mangal Keshav AxisDirect
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Mangal Keshav vs AxisDirect on Brokerage Charges

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Mangal Keshav with AxisDirect
Brokerage Charges Compare Mangal Keshav AxisDirect
Plan Name Standard Brokerage Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.30% or 30 paisa 0.50% (Each leg)
Equity Intraday 0.03% or 3 paisa 0.05% (Each leg)
Equity Futures 0.03% or 3 paisa 0.05% (Each leg)
Equity Options Rs 100 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.03% or 3 paisa 0.05% (Each Leg)
Currency Options Rs 50 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading 0.03% or 3 paisa Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges NA Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges NA 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Mangal Keshav Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Mangal Keshav vs AxisDirect on Transaction Charges

Compare Mangal Keshav with AxisDirect on transaction charges and PCM fee by segment.

Transaction Charges - Compare Mangal Keshav with AxisDirect
Transaction Charges Compare Mangal Keshav AxisDirect
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for mangal-keshav Complete Brokerage Plans for axisdirect
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Account Features

Compare Mangal Keshav vs AxisDirect on Account Features

Compare Mangal Keshav with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Mangal Keshav offers only 2-in-1 account which includes trading and demat account. Algo Trading - Mangal Keshav offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Mangal Keshav with AxisDirect
Account Features Compare Mangal Keshav AxisDirect
3 in 1 Account No Mangal Keshav have 2-in-1 account. Only Demate and Trading account. Yes, Mangal Keshav have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Mangal Keshav vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Mangal Keshav and AxisDirect. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Mangal Keshav with AxisDirect
Trading Platform Compare Mangal Keshav AxisDirect
Desktop Trading Platform Mangal Trader Ring
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Mangal Keshav Web Trading Platform https://login.axisdirect.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Mangal Trader AxisDirect Ring Mobile App
Mobile Trading App Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Mangal Trader Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Mangal Trader Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Mangal Keshav Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Mangal Keshav Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for mangal-keshav Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Mangal Keshav vs AxisDirect on User Rating

  Mangal Keshav AxisDirect
  1 Customer Reviews    Rate Mangal Keshav 6 Customer Reviews    Rate AxisDirect
Fees Ratings 5.0 2.5
Trading Brokerage Rating 5.0 2.0
Trading Platform Usability 4.0 3.2
Customer Service Ratings 4.0 2.7
Overall Ratings 5.0 2.3
Broker Rating Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Mangal Keshav vs AxisDirect on Investment Offerings

Compare Mangal Keshav with AxisDirect on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Mangal Keshav with AxisDirect
Investment Offerings Compare Mangal Keshav AxisDirect
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Mangal Keshav vs AxisDirect on Order Types

Order Type - Compare Mangal Keshav with AxisDirect on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - AxisDirect provides Cover Orders (CO) where Mangal Keshav doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- AxisDirect offers Good Till Cancelled (GTC) orders where Mangal Keshav doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Mangal Keshav with AxisDirect
Order Type Compare Mangal Keshav AxisDirect
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Mangal Keshav vs AxisDirect on Customer Service

Compare Mangal Keshav with AxisDirect on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Mangal Keshav with AxisDirect
Customer Service Compare Mangal Keshav AxisDirect
24/7 Customer Service Mangal Keshav vs AxisDirect - 24x7 customer support No No
Email Support Mangal Keshav vs AxisDirect - Email Support Yes Yes
Onine Live Chat Mangal Keshav vs AxisDirect - Onine Live Chat No Yes
Phone Support Mangal Keshav vs AxisDirect - Phone Support Yes Yes
Toll Free Number Mangal Keshav vs AxisDirect - Toll Free Number Yes Yes
Through Branches Mangal Keshav vs AxisDirect - Through Branches Yes Yes
Customer Care Number Mangal Keshav vs AxisDirect - Customer Care Number +91 22 6190 8000 022-61480808
Account Opening Process Mangal Keshav vs AxisDirect - Account Opening Process Info Not Available Online
Customer Support Email Mangal Keshav vs AxisDirect - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Mangal Keshav vs AxisDirect - Knowledge Center/Education https://www.mangalkeshav.com/knowledge-panel https://simplehai.axisdirect.in/learn/overview
Head Office Address Mangal Keshav vs AxisDirect - Head Office Address/Corporate Address Info Not Available Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Mangal Keshav vs AxisDirect - Company Website https://www.mangalkeshav.com/ https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Mangal Keshav vs AxisDirect on Research Reports, Tips

Compare Mangal Keshav with AxisDirect on research reports and tips provided by the broker.

Research Reports - Compare Mangal Keshav with AxisDirect
  Mangal Keshav AxisDirect
Research Mutual Funds Mangal Keshav vs AxisDirect - Research Mutual Funds Yes Yes
Research Equity Reports Mangal Keshav vs AxisDirect - Research Equity Reports Yes Yes
Research ETF Mangal Keshav vs AxisDirect - Research ETF Yes Yes
Daily Market Report Mangal Keshav vs AxisDirect - Daily Market Report Yes Yes
Free Tips Mangal Keshav vs AxisDirect - Free Tips Yes Yes
Quarterly Result Analysis Mangal Keshav vs AxisDirect - Quarterly Results Yes Yes
News Alerts Mangal Keshav vs AxisDirect - Yes Yes
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Demat Account

Compare Mangal Keshav vs AxisDirect on Demat Account

Compare Mangal Keshav with AxisDirect on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for AxisDirect is ₹500 pa where for Mangal Keshav is ₹1000 Refundable deposit.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Mangal Keshav is 0.05% of transaction value (Min ₹100) where for AxisDirect is ₹10.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Mangal Keshav with AxisDirect
  Mangal Keshav AxisDirect
DP Source CDSL CDSL
DP ID Mangal Keshav vs AxisDirect - DP ID No 49200
Demat Account Annual Maintenance Charges(AMC) ₹1000 Refundable deposit ₹500 pa
Advance Deposit Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded. Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.05% of transaction value (Min ₹100) ₹10
Demat ₹100 per certificate + ₹150 courier charges ₹3 per certificate
Remat ₹100 per certificate + ₹150 courier charges + CDSL charges ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.02% of transaction value + CDSL charges ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure 0.02% of transaction value + CDSL charges ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation 0.02% of transaction value + CDSL charges Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Mangal Keshav vs AxisDirect on Special Offers and Promotion

Compare Mangal Keshav with AxisDirect on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Mangal Keshav vs AxisDirect on Special Offers and Promotion
  Mangal Keshav AxisDirect
Pay In and Pay Out Options Mangal Keshav vs AxisDirect - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Mangal Keshav vs AxisDirect - Payout Time Info Not Available Instant to Axis Bank.
Bank Supported and Charges Mangal Keshav vs AxisDirect - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Direct from your Axis bank account.
Likes
  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

Detail Review...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

Detail Review...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-08-27T23:07:29+00:00