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Aditya Birla Money vs Groww (Compare Aditya Birla Money and Groww)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Aditya Birla Money vs Groww, Below comparison of Aditya Birla Money vs Groww highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Aditya Birla Money vs Groww is given below:

Aditya Birla Money Groww
About The Brokers
Aditya Birla Money :

"Aditya Birla Money Limited is the pioneer in the stock broking industry with the pan India existence and excellent research assistance available for their client. The   >>> more

Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

Find More Information about the Broker :
Aditya Birla Money :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Type of Broker
Aditya Birla Money :
 Discount Broker
Groww :
 Discount Broker
Promo/offers
Aditya Birla Money :
N/A
Groww :
N/A
Advantage
Aditya Birla Money :
  • Offer online IPO and mutual fund bidding
  • No call and trade charge
  • Offers portfolio trackers
  • Award-winning research services
  • Advisory services available from highly skilled staff
  • 800+ branches and have the robust geographical presence
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in gold etfs, SGBs & gold funds
Disadvantage
Aditya Birla Money :
  • In consistence online customer support.
  • No 3-in-1 account facility available
  • Less transparency in brokerage plans
  • Minimum brokerage charges
Groww :
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facility
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
Why This
Aditya Birla Money :
  • Aditya Birla Money Limited, full-service broker who provide 2-in-1 On-line trading account and is registered with SEBI, NSE, BSE, MCX-SX, NSDL, CSDL, MCX, NCDEX.
  • No charges for trade on call
  • Research by industrial expert
  • Equity delivery trading is free.
  • Pan India presence
  • It offers portfolio tracker and is one stop solution to all the financial issues.
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks

Aditya Birla Money vs Groww Account Opening & AMC Charges

Aditya Birla Money Trading Account Opening Fee is Rs 750 and Groww Trading Account Opening Fee is Rs 0 . Aditya Birla Money Demat Account AMC is Rs 436 and Groww Demat Account AMC is Rs 0 .

Aditya Birla Money Groww
Trading Account Opening Fee Trading Account Opening Fee :

Rs 750

Trading Account Opening Fee :

Rs 0

Demat Account Opening Fee Demat Account Opening Fee :

Nil

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 436

Demat Account AMC :

Rs 0

Trading Account AMC Trading Account AMC :

Nil

Trading Account AMC :

Rs 0


Aditya Birla Money vs Groww Brokerage Charges

Aditya Birla Money Brokerage Charges Equity Delivery is 0.30% and Equity Intraday is 0.03% and Equity Options is Rs 50 per lot . Groww Brokerage Charges Equity Delivery is Rs 20 per executed order or 0.05% whichever is lower and Equity Intraday is Rs 20 per executed order or 0.05% whichever is lower and Equity Options is Rs 20 per executed order .

Aditya Birla Money Groww
Plan Name Plan Name :

I-decide Plan

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

0.30%

Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday Equity Intraday :

0.03%

Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

0.03%

Equity Future :

Rs 20 per executed order

Equity Options Equity Options :

Rs 50 per lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

0.03%

Currency Futures :

NA

Currency Options Currency Options :

Rs 50 per lot

Currency Options :

NA

Monthly Fee Monthly Fee : - Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

0.03%

Commodity Futures :

NA

Commodity Options Commodity Options :

Nil

Commodity Options :

NA


Aditya Birla Money vs Groww Exchange Transaction Charges

Aditya Birla Money Exchange Transaction Charges Equity Future is Rs 190 per Cr (0.0019%) and Equity Options is Rs 5000 per Cr (0.05%) (on premium) . Groww Exchange Transaction Charges Equity Future is NSE: 002% and Equity Options is NSE: 0.053% on premium .

Aditya Birla Money Groww
Equity Delivery Equity Delivery :

Rs 325 per Cr (0.00325%)

Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday Equity Intraday :

Rs 325 per Cr (0.00325%)

Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future * Equity Future :

Rs 190 per Cr (0.0019%)

Equity Future :

NSE: 002%

Equity Options * Equity Options :

Rs 5000 per Cr (0.05%) (on premium)

Equity Options :

NSE: 0.053% on premium

Currency Futures * Currency Futures :

Rs 110 per Cr (0.0011%)

Currency Futures :

NA

Currency Options Currency Options :

Rs 4000 per Cr (0.04%) (on premium)

Currency Options :

NA

Commodity Commodity :

MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)

Commodity :

NA


Aditya Birla Money vs Groww Other Charges

Aditya Birla Money Minimum Brokerage is Rs 20 per executed order and Call & Trade is Nil . Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA .

Aditya Birla Money Groww
Minimum Brokerage Minimum Brokerage :

Rs 20 per executed order

Minimum Brokerage :

Rs 20 or 0.05% per executed order

Call & Trade Call & Trade :

Nil

Call & Trade :

NA

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹22.50 per scrip

DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50


Aditya Birla Money vs Groww Features

Aditya Birla Money and Groww both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Aditya Birla Money Groww
Trading Platform Trading Platform :

Etrade, Advanced web, Mobile invest

Trading Platform :

Groww

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

No


Aditya Birla Money vs Groww Demat Account Charges

A comparative table of various demat account charges between Aditya Birla Money and Groww is below:

Aditya Birla Money Groww
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Rs 750

Account Opening Fee :

Rs 0 (Free)

Advance Deposit Advance Deposit :

Rs 1500 (Lifetime AMC Scheme)

Advance Deposit :

Rs 0

AMC AMC :

  1. Normal Scheme: Rs 450 p.a. for Individuals and for Corporates Rs 1000 p.a.
  2. Basic Service Demat Account (BSDA) Account: Nil for holding below Rs 50,000, Holding from Rs 50,001 to Rs 200,000 AMC of Rs 100 p.a., Holding above Rs 200,000 will be charge as applicable to Normal Demat Account.
  3. Lifetime AMC Scheme (Rs 1500 one time): Nil

AMC :

Rs 0 (Free)

Dematerialisation Charges Dematerialisation Charges :

  1. Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges.
  2. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.

Dematerialisation Charges :

Rs 150 per certificate + courier charges

Rematerialisation Charges Rematerialisation Charges :

  1. Normal Scheme: A flat fee of Rs 15 per certificate or Rs 15 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.
  2. BSDA Account: A flat fee of Rs 25 per certificate or Rs 25 for every hundred securities or part thereof, whichever is higher plus Rs 50 courier charges.

Rematerialisation Charges :

Rs 150 per certificate + courier charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Market Transactions within Aditya Birla Money POW (Both Market / Off Market):

  1. Normal Scheme: Rs 30 per ISIN
  2. Lifetime AMC Scheme: Rs 20 per ISIN
  3. BSDA Account: Rs 75 per ISIN (Market /Off Market)

For External Broker:

  1. Normal Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  2. Lifetime AMC Scheme: Rs 30 or 0.03% on value of securities whichever is higher
  3. BSDA Account:  Minimum Rs 75 per ISIN or 0.05% on value of securities whichever is higher.

Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL Charges) per ISIN

Pledge Creation Charges Pledge Creation Charges :

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Creation Charges :

Rs 20 + Rs 12 per request (CDSL Charges)

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges :

Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

Rs 50 for re-issuance of DIS Booklet.

Other Charges :

KYC Modification: Rs 50


Aditya Birla Money vs Groww Basic Details

Aditya Birla Money Year of Incorporation is 1994 and Total Number of Clients is 68292 and Total Number of Branches is 800 . Groww Year of Incorporation is 2016 and Total Number of Clients is 4268383 and .

Aditya Birla Money Groww
Year of Incorporation Year of Incorporation :

1994

Year of Incorporation :

2016

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE and BSE

Demat Services Demat Services :

No

Demat Services :

No

Website Website : https://www.adityabirlamoney.com Website : https://groww.in/
Contact Details Contact Details :

18003002999

Contact Details : -
Total Number of Clients Total Number of Clients :

68,292

Total Number of Clients :

4,268,383

Total Number of Branches Total Number of Branches :

800

Total Number of Branches : -
Products * Products : - Products :

GROWW MOBILE APP


Aditya Birla Money vs Groww Orders

Orders

Aditya Birla Money Groww
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

No

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

No

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

Yes

Good Till Cancelled (GTC) :

No


Aditya Birla Money vs Groww Research and Advice / Trading Tips

Research and Advice / Trading Tips

Aditya Birla Money Groww
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile :

No

Comparison * Comparison : - Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research : - ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No


Aditya Birla Money vs Groww Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Aditya Birla Money Groww
Availability for franchisee / AP Availability for franchisee / AP :

Yes

Availability for franchisee / AP :

NA

Investment required for Franchisee / AP Investment required for Franchisee / AP :

Rs.1,00,000

Investment required for Franchisee / AP :

NA


Aditya Birla Money vs Groww Product & Services

Aditya Birla Money and Groww both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Aditya Birla Money Groww
Delivery Based Trading * Delivery Based Trading : - Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade : - Call in Trade :

NA

Trading in Both the exchanges * Trading in Both the exchanges : - Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account : - 3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

Yes

NRI Services :

No

SMS Alerts * SMS Alerts :

Yes

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan : - Offers Multiple Plan :

No

IPO Investment * IPO Investment : - IPO Investment :

YES

Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis :

NO

Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features :

No

Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator : - Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order : - Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss :

No

Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading :

No

Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading :

No

Market Trading * Market Trading : - Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan : - Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading :

No


Aditya Birla Money vs Groww Customer Services

Aditya Birla Money and Groww both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Aditya Birla Money Groww
Toll Free Number * Toll Free Number : - Toll Free Number :

No

Live Chat Facility * Live Chat Facility : - Live Chat Facility :

No

Email Facility * Email Facility : - Email Facility :

Yes

Branch Offices * Branch Offices : - Branch Offices :

No

Customer Care * Customer Care : - Customer Care :

No

Community Service * Community Service : - Community Service :

No

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support : - 24/7 Support :

No


Aditya Birla Money vs Groww Other Investement

Aditya Birla Money and Groww both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Aditya Birla Money Groww
Commodity Trading * Commodity Trading : - Commodity Trading :

No

Investment in ETFs * Investment in ETFs : - Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds : - Investment in Bonds :

No

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services : - Insurance Services :

No

Banking Services * Banking Services : - Banking Services :

No


Aditya Birla Money vs Groww Trading Platform

Aditya Birla Money and Groww both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Aditya Birla Money Groww
Web Platform * Web Platform : - Web Platform :

Yes

Android Mobile App * Android Mobile App : - Android Mobile App :

Yes

Desktop Windows * Desktop Windows : - Desktop Windows :

No

Desktop Mac * Desktop Mac : - Desktop Mac :

No

I-Pad App * I-Pad App : - I-Pad App :

Yes

Virtual Trading * Virtual Trading : - Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App :

Yes

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