Aditya Birla Money Vs TradeSmart Demat Account Comparison

Aditay Birla Money Ltd (formerly known as Apollo Sindhoori Capital Investments) deals into equity and derivatives market through BSE and NSE. Company also provides commodity trading on MCX and NCDEX through its subsidiary company, Aditya Birla Commodities Broking Ltd. Aditya Birla Money has its own DP service and registered as a DP with NSDL and CDSL.

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

Ali Centre, No 53,
Greams Road, Chennai,
Tamil Nadu India - 600006

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

Depository Services

Online Stock Trading, Depository Services

Free

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

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

Nil

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

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

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.

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

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

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

For External Broker:

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

TradeSmart charges a demat transaction fee of Rs 15.

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

Rs 15 per scrip

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

Nil

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

Rs 15 per scrip

Nil

Rs 50 for re-issuance of DIS Booklet.

• Late instruction: 0.1% scrip value
• Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
• Physical transaction statement: Rs 50 per BO statement plus courier charges
• Cheque dishonour charges: Rs 200 per instance
• Offmarket transfer (DP): Rs 25 plus service tax
• Inter DP transfer: Rs 25 plus service tax
• KRA Modification: Rs 35 plus service tax