FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. Sharekhan offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Groww ranges between Rs 20. Sharekhan is a Full Service Broker where Groww is a Discount Broker. Sharekhan is having overall higher rating compare to Groww. Sharekhan is rated 4 out of 5 where Groww is rated only out of 5. Number of active customer for Groww is 99,31,232 where number of active customer for Sharekhan is 6,75,588. Groww is serving more customer compare to Sharekhan.
Here we present side-by-side comparison of Sharekhan vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Sharekhan vs Groww'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 Sharekhan vs Groww share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared Sharekhan vs Groww's on
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.
Comparison of Sharekhan with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww offer Free AMC for Demat account where Sharekhan charges Rs 400 PA (Free for 1st year)) AMC for Demat account.
Charges | Sharekhan | Groww |
---|---|---|
Trading Account Opening Fees | Free | Free |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 400 PA (Free for 1st year)) | Free |
Provide DP Service |
Plans are the most important feature you look when compare Sharekhan with Groww. This section compare on high level about type of plans offered by brokers. Multiple Plans - Sharekhan provide Multiple Plans where Groww doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | Sharekhan | Groww |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Sharekhan | Zerodha | |
---|---|---|
Account Opening Request |
Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
Brokerage Charges Compare | Sharekhan | Groww |
---|---|---|
Plan Name | Sharkehan Brokerage Plan | Flat Brokerage Plan |
Equity Delivery | 0.30% | 0.05% or Rs 20 whichever is lower |
Equity Intraday | 0.02% | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.02% | Flat Fee Rs 20 |
Equity Options | Rs 20 per lot | Flat Fee Rs 20 |
Currency Futures | 0.02% | Not Available |
Currency Options | Rs 5 per lot | Not Available |
Commodity Trading | Rs 20 per lot | Not Available |
Minimum Brokerage | Rs 20 | NIL |
Hidden Charges | No | Info Not Available |
Call & Trade Charges | Free | Rs 50 Per Executable Order |
Auto Square off Charges | Free | Rs 50 Per Executable Order |
Brokerage Calculator | Brokerage Calculator for Sharekhan | Brokerage Calculator for Groww |
Compare Sharekhan with Groww on transaction charges and PCM fee by segment.
Transaction Charges Compare | Sharekhan | Groww |
---|---|---|
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 | NA |
Brokerage Charges | Complete Brokerage Plans for sharekhan | Complete Brokerage Plans for groww |
Compare Sharekhan with Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sharekhan offers NRI where Groww doesn't offers NRI Trading.
Account Features Compare | Sharekhan | Groww |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:10 PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan and Groww. 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 | Sharekhan | Groww |
---|---|---|
Web Trading Platform | ||
Web Trading Detail | https://www.sharekhan.com/ | Yes |
Web Trading Demo | Web Trading Demo | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Sharekhan | Groww App |
Mobile Trading App Demo | Sharekhan Demo | Groww App Demo |
Android Mobile App | ||
Android App Download | Andriod Sharekhan Download | Andriod Groww App Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Sharekhan Download | iOS Groww App Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Sharekhan | Equity Intraday and Delivery Brokerage Calculator for Groww |
Futures Brokerage Calculator | Futures Brokerage Calculator for Sharekhan | Futures Brokerage Calculator for Groww |
Options Brokerage Calculator | Options Brokerage Calculator for Sharekhan | Options Brokerage Calculator for Groww |
Detail | Detail on Trading Platforms for sharekhan | Detail on Trading Platforms for groww |
Compare Sharekhan with Groww 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 - Sharekhan offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Sharekhan provide PMS Service where Groww doesn't offer
Investment Offerings Compare | Sharekhan | Groww |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare Sharekhan with Groww 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) - Both broker don't have Cover Orders (CO).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)- Sharekhan offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Sharekhan offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Sharekhan | Groww |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Sharekhan with Groww 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 Service Compare | Sharekhan | Groww |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 1800227500 | 9108800604 |
Account Opening Process | Offline | Online |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://www.sharekhan.com/help/hello | https://groww.in/academy |
Head Office Address | Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Kanjurmarg (East), Mumbai-MH- 400042 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
Website | https://www.sharekhan.com | https://groww.in/ |
Compare Sharekhan with Groww on research reports and tips provided by the broker.
Compare Sharekhan with Groww 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 Groww is Zero where for Sharekhan is ₹500 pa.
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 Sharekhan is 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) where for Groww is ₹8 + ₹5.50 CDSL charges.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
Compare Sharekhan with Groww on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Sharekhan | Groww | |
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Pay In and Pay Out Options | ||
Payout Time | ||
Bank Supported and Charges | ||
Bank Detail | ||
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Special Offers/Promo | ||
Enquiry | Open Sharekhan Account Now>> | Open Zerodha Account Now>> |
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