• Top Stock Brokers in India ‐ Reviews, Comparison and Offers
Check reviews of other Share brokers

Axis Direct vs Groww (Compare Axis Direct 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 Axis Direct vs Groww, Below comparison of Axis Direct 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 Axis Direct vs Groww is given below:

Axis Direct Groww
About The Brokers
Axis Direct :

"AxisDirect is the flagship brand of Axis Securities Ltd offering simplified investment solutions to retail customers. AxisDirect is among top 10 brokerage house in In   >>> 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 :
Axis Direct :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Type of Broker
Axis Direct :
 Full Service Broker
Groww :
 Discount Broker
Promo/offers
Axis Direct :
N/A
Groww :
N/A
Advantage
Axis Direct :
  •  3-in-1 online trading account.
  •  Security of your investment & money
  •  Decent trading software.
  •  Derivatives trading, NRI services, mutual funds, IPOs.
  •  Trading is available in both BSE and NSE.
  •  Free Research services
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
Axis Direct :
  •  No commodity & Currencytrading.
  •  Very High brokerage.
  •  Installable trading terminal cost at Rs 2999 per year.
  •  Minimum brokerage charges.
  •  Low Exposure
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
Axis Direct :
  •  A Unique 3-in-1 On-line Trading Account, which includes Axis Banks Saving Account, Axis Direct Trading Account and Axis Direct Demat Account, is the key offering for retail stock market investors in India.
  •  Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade.
  •  E-Broking House with >11 Lac customers.
  •  1 paisa per lot for same day square off option trading or Rs 10 per lot for carry f/w Options trade
  •  Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc.
  •  Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education.
  •  Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.
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

Axis Direct vs Groww Account Opening & AMC Charges

Axis Direct Trading Account Opening Fee is Rs 900 and Groww Trading Account Opening Fee is Rs 0 . Axis Direct Demat Account AMC is Rs 650 and Groww Demat Account AMC is Rs 0 .

Axis Direct Groww
Trading Account Opening Fee Trading Account Opening Fee :

Rs 900

Trading Account Opening Fee :

Rs 0

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 650

Demat Account AMC :

Rs 0

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0


Axis Direct vs Groww Brokerage Charges

Axis Direct Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 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 .

Axis Direct Groww
Plan Name Plan Name :

Fixed Plan

Plan Name :

Plan 125K

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

0.50%

Equity Delivery : - Equity Delivery :

Rs 20 per executed order or 0.05% whichever is lower

Equity Intraday Equity Intraday :

0.05%

Equity Intraday : - Equity Intraday :

Rs 20 per executed order or 0.05% whichever is lower

Equity Future Equity Future :

0.05%

Equity Future : - Equity Future :

Rs 20 per executed order

Equity Options Equity Options :

Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot

Equity Options : - Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

0.05%

Currency Futures : - Currency Futures :

NA

Currency Options Currency Options :

Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l

Currency Options : - Currency Options :

NA

Monthly Fee Monthly Fee :

NA

Monthly Fee : - Monthly Fee :

NA

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

0.03%

Commodity Futures : - Commodity Futures :

NA

Commodity Options Commodity Options :

Rs 50 per lot

Commodity Options : - Commodity Options :

NA


Axis Direct vs Groww Exchange Transaction Charges

Axis Direct Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) . Groww Exchange Transaction Charges Equity Future is NSE: 002% and Equity Options is NSE: 0.053% on premium .

Axis Direct Groww
Equity Delivery Equity Delivery :

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

Equity Delivery :

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

Equity Intraday Equity Intraday :

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

Equity Intraday :

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

Equity Future * Equity Future :

NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Future :

NSE: 002%

Equity Options * Equity Options :

NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)

Equity Options :

NSE: 0.053% on premium

Currency Futures * Currency Futures :

Rs 190 per Cr (0.0019%)

Currency Futures :

NA

Currency Options Currency Options :

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

Currency Options :

NA

Commodity Commodity : - Commodity :

NA


Axis Direct vs Groww Other Charges

Axis Direct Minimum Brokerage is Rs 20 per trade and Call & Trade is Rs 20 per call . Groww Minimum Brokerage is Rs 20 or 0.05% per executed order and Call & Trade is NA .

Axis Direct Groww
Minimum Brokerage Minimum Brokerage :

Rs 20 per trade

Minimum Brokerage :

Rs 20 or 0.05% per executed order

Call & Trade Call & Trade :

Rs 20 per call

Call & Trade :

NA

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

0.04% (minimum Rs 25 per instruction)

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


Axis Direct vs Groww Features

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

Axis Direct Groww
Trading Platform Trading Platform :

DirectTrade, Axisdirect Web, Axisdirect Mobile

Trading Platform :

Groww

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

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

Yes

Research and Advice / Trading Tips :

No

Detailed Education Initiatives Detailed Education Initiatives :

Yes

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

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


Axis Direct vs Groww Demat Account Charges

A comparative table of various demat account charges between Axis Direct and Groww is below:

Axis Direct Groww
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 0 (Free)

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Rs 0

AMC AMC :

  • Retail Account:
    • Axis Bank Customer: Rs 650 per year (1st year free). Rs 2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.
    • Non-Axis Bank Customer: Rs 250 per year (1st year free)
  • BSDA Account:
    • Nil for holding value till Rs 50,000
    • Rs 100 per year for holding value from Rs 50,001 to Rs 2,00,000
    • Holding value above Rs 2,00,000 tariff for Retail account will be applicable.
  • Corporate Account:
    • Rs 400 for Axis Bank clients + CDSL AMC of Rs 500
    • Rs 600 for non-Axis Bank clients+ CDSL AMC of Rs 500

AMC :

Rs 0 (Free)

Dematerialisation Charges Dematerialisation Charges :

  • Retail / BSDA Account: Rs 5 per certificate subject to minimum of Rs 50 per request, whichever is higher. Rs 50 per request as courier charges for mutual fund Units.
  • Corporate Account: Rs 2.50 per certificate subject to a minimum of the Rs 50 per request.

Dematerialisation Charges :

Rs 150 per certificate + courier charges

Rematerialisation Charges Rematerialisation Charges :

  • Retail / BSDA Account: Rs 20 for every 100 securities or part thereof or Rs 50 per request whichever is higher. Rs 50 per instruction for mutual fund Units.
  • Corporate Account: Rs 20 per certificate subject to minimum of Rs 50 per request

Rematerialisation Charges :

Rs 150 per certificate + courier charges

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

  • Retail Account: 0.04% of the value of the transaction (Min Rs 25 per instruction) whichever is higher. Rs 25 flat per instruction for mutual fund units.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher. Rs 50 flat per instruction for mutual fund units.
  • Corporate Account: 0.04% subject to minimum of Rs 23 per instruction.

Transaction Charges (debit) :

Rs 8 + Rs 5.50 (CDSL Charges) per ISIN

Pledge Creation Charges Pledge Creation Charges :

  • Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • Corporate Account: Flat Rs 50 per request.

Pledge Creation Charges :

Rs 20 + Rs 12 per request (CDSL Charges)

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

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

  • Retail Account: 0.04% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • BSDA Account: 0.06% of the value of the transaction (Min Rs 50 per instruction) whichever is higher.
  • Corporate Account: Flat Rs 50 per request.

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Rs 10 per Instruction

Failed Instruction Charges :

Rs 50 per ISIN

Other Charges Other Charges :

  • Ad-hoc Statement - Rs 100 per statement
  • Quarterly (Physical) statement
    • Retail Account - Nil
    • BSDA Account - Rs 25 per statement
  • Account Modification Charges
    • Retail Account - Nil
    • BSDA Account - Rs 100
  • DIS Booklet Charge
    • Retail Account - NIL
    • BSDA Account - Rs 200 per booklet
  • Redemption of mutual fund units through DP - Rs 25 per instruction

Other Charges :

KYC Modification: Rs 50


Axis Direct vs Groww Basic Details

Axis Direct Year of Incorporation is 2006 and Total Number of Clients is 417958 and Total Number of Branches is 56 . Groww Year of Incorporation is 2016 and Total Number of Clients is 4268383 and .

Axis Direct Groww
Year of Incorporation Year of Incorporation :

2006

Year of Incorporation :

2016

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

NSE and BSE

Demat Services Demat Services :

Yes

Demat Services :

No

Website Website : https://simplehai.axisdirect.in Website : https://groww.in/
Contact Details Contact Details :

18002100808

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

417,958

Total Number of Clients :

4,268,383

Total Number of Branches Total Number of Branches :

56

Total Number of Branches : -
Products * Products :

Equity, Derivatives, Mutual Fund, SIP, ETFs, Tax Savings, Fixed Income, IPOs, Fixed Deposits, Loans, Tax Services, NPS and Insurance.

Products :

GROWW MOBILE APP


Axis Direct vs Groww Orders

Orders

Axis Direct Groww
Cover Orders (CO) Cover Orders (CO) :

Yes

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) :

Yes

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


Axis Direct vs Groww Research and Advice / Trading Tips

Research and Advice / Trading Tips

Axis Direct Groww
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile :

No

Comparison * Comparison :

Yes

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 :

Yes

ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No


Axis Direct vs Groww Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Axis Direct 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 to Rs.3,00,000

Investment required for Franchisee / AP :

NA


Axis Direct vs Groww Product & Services

Axis Direct 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:

Axis Direct Groww
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

Call in Trade * Call in Trade :

Yes

Call in Trade :

NA

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

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order :

Yes

Limit Order :

Yes

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

Yes

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 :

No

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

YES

Portfolio Analysis * Portfolio Analysis :

Yes

Portfolio Analysis :

NO

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

No

Brokerage Calculator * Brokerage Calculator :

No

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

No

Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

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

No

Bracket Orders & Trailing Stop Loss :

No

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

Yes

Equity Future & Option Trading :

No

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

Yes

Currency Future & Option Trading :

No

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading :

No


Axis Direct vs Groww Customer Services

Axis Direct 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:

Axis Direct Groww
Toll Free Number * Toll Free Number :

Yes

Toll Free Number :

No

Live Chat Facility * Live Chat Facility :

Yes

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

Yes

Branch Offices * Branch Offices :

Yes

Branch Offices :

No

Customer Care * Customer Care :

Yes

Customer Care :

No

Community Service * Community Service :

Yes

Community Service :

No

Relationship Manager * Relationship Manager : - Relationship Manager :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No


Axis Direct vs Groww Other Investement

Axis Direct 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:

Axis Direct Groww
Commodity Trading * Commodity Trading :

No

Commodity Trading :

No

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

Yes

Investment in Bonds :

No

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

Yes

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

Yes

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No


Axis Direct vs Groww Trading Platform

Axis Direct 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:

Axis Direct Groww
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

No

Desktop Mac * Desktop Mac :

No

Desktop Mac :

No

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

Contact Now

User Reviews

Post New Message
0  Comments
- - -   Compare More Brokers   - - -