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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

	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 (Free) . 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 (Free)
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 20 and Equity Intraday is 20 and Equity Options is 20 . 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 : 20	Equity Delivery : Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Equity Intraday : 20	Equity Intraday : Rs 20 per executed order or 0.05% whichever is lower
Equity Future	Equity Future : 20	Equity Future : Rs 20 per executed order
Equity Options	Equity Options : 20	Equity Options : Rs 20 per executed order
Currency Futures	Currency Futures : 20	Currency Futures : NA
Currency Options	Currency Options : 20	Currency Options : NA
Monthly Fee	Monthly Fee :	Monthly Fee : NA
Margin Trading	Margin Trading :	Margin Trading : -
Commodity Futures	Commodity Futures :	Commodity Futures : NA
Commodity Options	Commodity Options :	Commodity Options : NA

Aditya Birla Money vs Groww Exchange Transaction Charges

Aditya Birla Money Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . Groww Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) .

	Aditya Birla Money	Groww
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : -
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : (on premium)
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 : 0	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) :	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 : â‚¹0 (Free)
Advance Deposit	Advance Deposit : Rs 1500 (Lifetime AMC Scheme)	Advance Deposit : â‚¹0
AMC	AMC : Normal Scheme: â‚¹450 p.a. for Individuals and for Corporates â‚¹1000 p.a. Basic Service Demat Account (BSDA) Account: Nil for holding below â‚¹50,000, Holding from â‚¹50,001 to â‚¹200,000 AMC of â‚¹100 p.a., Holding above â‚¹200,000 will be charge as applicable to Normal Demat Account. Lifetime AMC Scheme (â‚¹1500 one time): Nil	AMC : â‚¹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : Normal Scheme: Rs 5 per certificate plus Rs 50 courier charges. BSDA Account: Rs 25 per certificate plus Rs 50 courier charges.	Dematerialisation Charges : â‚¹150 per certificate + courier charges
Rematerialisation Charges	Rematerialisation Charges : 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. 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 : â‚¹150 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): Normal Scheme: â‚¹30 per ISIN Lifetime AMC Scheme: â‚¹20 per ISIN BSDA Account: â‚¹75 per ISINÂ (Market /Off Market) For External Broker: Normal Scheme: â‚¹30 or 0.03% on value of securities whichever is higher Lifetime AMC Scheme: â‚¹30 or 0.03% on value of securities whichever is higher BSDA Account: Â Minimum â‚¹75 per ISIN or 0.05% on value of securities whichever is higher.	Transaction Charges (debit) : â‚¹8 + â‚¹5.50 (CDSL Charges) per ISIN
Pledge Creation Charges	Pledge Creation Charges : Rs 50 per ISIN (for BSDA Accounts, Rs 100 per ISIN)	Pledge Creation Charges : â‚¹20 + â‚¹12 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 : â‚¹20
Failed Instruction Charges	Failed Instruction Charges :	Failed Instruction Charges : â‚¹50 per ISIN
Other Charges	Other Charges : Rs 50 for re-issuance of DIS Booklet.	Other Charges : KYC Modification: â‚¹50

Aditya Birla Money vs Groww Basic Details

Aditya Birla Money Year of Incorporation is 1994 and Total Number of Clients is 74655 and Total Number of Branches is 800 . Groww Year of Incorporation is 2016 and Total Number of Clients is 9185024 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 : 74,655	Total Number of Clients : 9,185,024
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 N Trade *	Call N Trade : -	Call N 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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