Karvy vs Sharekhan (Compare Karvy vs Sharekhan)

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 Karvy vs Sharekhan, Below comparison of Karvy vs Sharekhan 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.

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One on One comparison of Karvy vs Sharekhan is given below:

Karvy

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Sharekhan

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	Karvy	Sharekhan

About The Brokers	Karvy : "Karvy Online is certainly a renowned name in share brokerage Industry with over 6 lakh active customer base, powerful online trading tools, Research based investment >>> more	Sharekhan : "Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund di >>> more
Find More Information about the Broker :	Karvy : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Sharekhan : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Karvy : Full Service Broker	Sharekhan : Full Service Broker
Promo/offers	Karvy : N/A	Sharekhan : Special Offer: Free Account opening+ No AMC charged on Demat account for the first year + Free Dial n Trade + Customised Pricing.Get the offer
Advantage	Karvy : Huge Branch & Partner network. Trading is available in both BSE and NSE. Offer Commodity Trading & Investment facility in Mutual funds & IPO. Karvy offers zero demat AMC for first year. Free research reports.	Sharekhan : Free call and trade facility. Huge Branch & Partner network User-friendly website and easy to use trading platform Registered with both the exchanges - BSE and NSE. Provides you with the opportunity of commodity trading. The fixed deposit can be used as collateral for future and option trading. Sharekhan doesn't charge for DP transactions. Sharekhan offers online and classroom training, seminars and workshops to investors. No charges for Online funds transfer . Provides services of dedicated Relationship Managers.
Disadvantage	Karvy : Doesn't offer 3-in-1 account. High brokerage. No referral Program Lacks transparency in Brokerage charges.	Sharekhan : Offer only 2-in-1 account. Shraekhan charges comparatively high brokerage. Minimum brokerage of 10 paisa is being charged per stock basis. Trading after market hours is not allowed. Classic account holders cannot trade commodities.
Why This	Karvy : Wide Network with over 289 Business location & 540+ Franchise partners. Amongst top 10 stock brokers in India and top 3 depository participants. All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Combined account facility that caters to all investment opportunities such as trade in Equities, Derivatives, Currency and also investing in IPOs, Mutual funds and NCDs. Offer NRI Trading.	Sharekhan : Pan India Presence over 170 branches & 2300+ Franchise partners. DP transaction facility is available without any cost. Sharekhan allows fixed deposit as collateral for Future & Options. At Sherkhan you can Trade through call & trade service. Provide you scope to widen your portfolio by investing in Equities, IPO, Mutual Funds, ETFs, Commodities, F&O

Karvy vs Sharekhan Account Opening & AMC Charges

Karvy Trading Account Opening Fee is ₹650 and Sharekhan Trading Account Opening Fee is ₹0 . Karvy Demat Account AMC is ₹420 and Sharekhan Demat Account AMC is ₹400 (Free for 1st year) .

	Karvy	Sharekhan
Trading Account Opening Fee	Trading Account Opening Fee : ₹650	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0 (Free)
Demat Account AMC	Demat Account AMC : ₹420	Demat Account AMC : ₹400 (Free for 1st year)
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Karvy vs Sharekhan Brokerage Charges

Karvy Brokerage Charges Equity Delivery is 0.1% and Equity Intraday is 0.01% and Equity Options is ₹10 per lot . Sharekhan Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.10% and Equity Options is ₹50 per lot .

	Karvy	Sharekhan
Plan Name	Plan Name : Retail Brokerage Plan	Plan Name : Classic Account
Equity Delivery	Equity Delivery : 0.1%	Equity Delivery : 0.50%
Equity Intraday	Equity Intraday : 0.01%	Equity Intraday : 0.10%
Equity Future	Equity Future : 0.01%	Equity Future : 0.10%
Equity Options	Equity Options : ₹10 per lot	Equity Options : ₹50 per lot
Currency Futures	Currency Futures : 0.01%	Currency Futures : 0.10%
Currency Options	Currency Options : ₹10 per lot	Currency Options : ₹30 per lot
Monthly Fee	Monthly Fee : ₹100,000 per year	Monthly Fee : -
Margin Trading	Margin Trading :	Margin Trading : -
Commodity Futures	Commodity Futures : 0.01%	Commodity Futures : 0.03%
Commodity Options	Commodity Options : ₹10 per lot	Commodity Options : 0.03%

Karvy vs Sharekhan Transaction Charges (Per Crore)

Karvy Transaction Charges (Per Crore) Equity Future is ₹230 and Equity Options is ₹5500 . Sharekhan Transaction Charges (Per Crore) Equity Future is NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) and Equity Options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) .

	Karvy	Sharekhan
Equity Delivery	Equity Delivery : ₹325	Equity Delivery : NSE ₹325 per Cr (0.00325%) \| BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday	Equity Intraday : ₹325	Equity Intraday : NSE ₹325 per Cr (0.00325%) \| BSE ₹275 per Cr (0.00275%) (each side)
Equity Future *	Equity Future : ₹230	Equity Future : NSE ₹190 per Cr (0.0019%) \| BSE ₹50 per Cr (0.00035) (each side)
Equity Options *	Equity Options : ₹5500	Equity Options : NSE ₹5000 per Cr (0.05%) \| BSE ₹50 per Cr (0.0005%) (on premium)
Currency Futures *	Currency Futures : ₹325	Currency Futures : NSE ₹135 per Cr (0.00135%) \| MCX ₹130 per Cr (0.00130%)
Currency Options	Currency Options :	Currency Options : NSE ₹4220 per Cr (0.04220%) \| MCX ₹3220 per Cr (0.03220%) (on premium)
Commodity	Commodity : ₹300	Commodity : MCX (Non-Agri) ₹230 per Cr (0.0023%) \| MCX (Agri) ₹95 per Cr (0.00095%)

Karvy vs Sharekhan Other Charges

Karvy Minimum Brokerage is Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher and Call & Trade is . Sharekhan Minimum Brokerage is Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share and Call & Trade is Rs 20 .

	Karvy	Sharekhan
Minimum Brokerage	Minimum Brokerage : Delivery 1% or 10p per scrip \| Intra-day 0.50% or 5p per scrip whichever is higher	Minimum Brokerage : Intraday: 5 paisa per share \| Delivery: 10 paisa per share \| Future ₹0.001 per share
Call & Trade	Call & Trade :	Call & Trade : Rs 20
Stamp Duty *	Stamp Duty : State wise	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : Rs 0
Other Miscellaneous Charges	Other Miscellaneous Charges :	Other Miscellaneous Charges : -

Karvy vs Sharekhan Features

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

	Karvy	Sharekhan
Trading Platform	Trading Platform : OMNESYS NEST - Web, Trader, KarvyOnline mobile app	Trading Platform : TradeTiger Terminal, Sharekhan Website and Mobile App
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : Yes
Trading Alerts	Trading Alerts : No	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 0	Research and Advice / Trading Tips : Yes
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Ask the expert, The Finapolis	Unique features & Offers : Pattern finder,Class room training
Referral Program	Referral Program : 0	Referral Program : Yes
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

Karvy vs Sharekhan Demat Account Charges

A comparative table of various demat account charges between Karvy and Sharekhan is below:

	Karvy	Sharekhan
Depository Service Provider	Depository Service Provider : CDSL & NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹650	Account Opening Fee : ₹0 (Free)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : ₹500 Advance which will be adjusted against billing (Optional) Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)
AMC	AMC : ₹0	AMC : ₹0 (Free)
Dematerialisation Charges	Dematerialisation Charges : ₹5 per certificate + ₹40 for courier charges; For BSDA Accounts: ₹10 per certificate + ₹50 courier charges	Dematerialisation Charges : ₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )
Rematerialisation Charges	Rematerialisation Charges : ₹20 for every 100 securities or ₹20 per certificate whichever is higher	Rematerialisation Charges : ₹50 per certificate or ₹50 for every hundred securities
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹15 per transaction	Transaction Charges (debit) : Rs 30 or 0.03% which ever is higher
Pledge Creation Charges	Pledge Creation Charges : 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction	Pledge Creation Charges : 0.03 % of the value of the Transaction (Min ₹100 per transaction)
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction	Pledge Invocation Charges : Nil
Failed Instruction Charges	Failed Instruction Charges : ₹100 per instruction	Failed Instruction Charges : Nil
Other Charges	Other Charges : ₹100 per Demat Rejection ₹100 per Client Modification Request ₹100 per DIS Lost Request ₹100 per request for physical statements	Other Charges : Freeze /De-freeze - ₹25 per request Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100) Client Master changes ₹30 per request for Tariff G

Karvy vs Sharekhan Basic Details

Karvy Year of Incorporation is 1985 and Total Number of Clients is 2,60,000+ and Total Number of Branches is 575 . Sharekhan Year of Incorporation is 2000 and Total Number of Clients is 679333 and Total Number of Branches is 2800 .

	Karvy	Sharekhan
Year of Incorporation	Year of Incorporation : 1985	Year of Incorporation : 2000
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : NSE, BSE, MCX, NCDEX
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : www.karvyonline.com	Website : http://www.sharekhan.com
Contact Details	Contact Details : 18004258283	Contact Details : 022-61150000
Total Number of Clients	Total Number of Clients : 2,60,000+	Total Number of Clients : 679333
Total Number of Branches	Total Number of Branches : 575	Total Number of Branches : 2800
Products *	Products : Institutional broking, retail broking, private wealth management, and financial product distribution	Products : Investment banking, institutional broking

Karvy vs Sharekhan Charts and Data

Karvy and Sharekhan both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	Karvy	Sharekhan
Live data source	Live data source : NSE, BSE, MCX	Live data source : Yes
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : Yes
No.of indicators	No.of indicators : 64+	No.of indicators : 30+
No.of charts can be opened	No.of charts can be opened : 4	No.of charts can be opened : 10
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : Yes
Trading from charts	Trading from charts : No	Trading from charts : Yes
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : No
Options charts	Options charts : Yes	Options charts : Yes
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : Yes
Intraday historical data for charts	Intraday historical data for charts : Yes	Intraday historical data for charts : 30 days
End of Day historical data for charts	End of Day historical data for charts : Yes	End of Day historical data for charts : 10 years
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : No
Back Testing	Back Testing : No	Back Testing : No
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : Yes
Analytics	Analytics : No	Analytics : No
Price Ladder	Price Ladder : No	Price Ladder : No

Karvy vs Sharekhan Leverage

Leverage

	Karvy	Sharekhan
Equity Delivery	Equity Delivery : Upto 5x with 24% interest per year	Equity Delivery : Upto 5x with 24% interest per year
Equity Intraday	Equity Intraday : Upto 20x	Equity Intraday : Upto 10x
Equity Futures	Equity Futures : Upto 4x	Equity Futures : 2x for Intraday
Equity Options	Equity Options : Upto 4x for shorting	Equity Options : Nil
Currency Futures	Currency Futures : Nil	Currency Futures : Nil
Currency Options	Currency Options : Nil	Currency Options : Nil
Commodity Futures	Commodity Futures : Upto 4x	Commodity Futures : Upto 2x for Intraday
Commodity Options	Commodity Options :	Commodity Options : -

Karvy vs Sharekhan Orders

Orders

	Karvy	Sharekhan
Cover Orders (CO)	Cover Orders (CO) :	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) :	Bracket orders / One Cancels Other (BO / OCO) : Yes
After Market Orders (AMO)	After Market Orders (AMO) :	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) :	Buy Today Sell Tomorrow (BTST) : Yes
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) :	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) :	Good Till Cancelled (GTC) : Yes

Karvy vs Sharekhan Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Karvy	Sharekhan
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : Yes
Comparison *	Comparison : Yes	Comparison : Yes
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : No	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes

Karvy vs Sharekhan Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Karvy	Sharekhan
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.25,000 to Rs.50,000	Investment required for Franchisee / AP : Rs.50,000

Karvy vs Sharekhan Product & Services

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

	Karvy	Sharekhan
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call in Trade *	Call in Trade : Yes	Call in Trade : Yes
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 : No	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : Yes	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : No

Karvy vs Sharekhan Customer Services

Karvy and Sharekhan 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:

	Karvy	Sharekhan
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : Yes
Email Facility *	Email Facility : Yes	Email Facility : Yes
Branch Offices *	Branch Offices : Yes	Branch Offices : Yes
Customer Care *	Customer Care : Yes	Customer Care : Yes
Community Service *	Community Service : Yes	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : Yes
24/7 Support *	24/7 Support : No	24/7 Support : No

Karvy vs Sharekhan Other Investement

Karvy and Sharekhan 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:

	Karvy	Sharekhan
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : Yes
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 : Yes
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 : Yes	Banking Services : No

Karvy vs Sharekhan Trading PlatForm

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

	Karvy	Sharekhan
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 : Yes
Desktop Mac *	Desktop Mac : No	Desktop Mac : No
I-Pad App *	I-Pad App : No	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : Yes
iPhone Mobile App *	iPhone Mobile App : No	iPhone Mobile App : Yes

Karvy vs Sharekhan Company Information

	Karvy	Sharekhan
Financials *	Financials : Yes	Financials : Yes
News *	News : Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail. Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited. Karvy Customers, Need Help Moving to Another Broker?	News : Yes
Company Analysis *	Company Analysis : Yes	Company Analysis : Yes
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