Mirae Asset Sharekhan Vs Angel One Vs Groww Comparison

The comparison between Mirae Asset Sharekhan, Angel One, and Groww highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while Angel One stands out for offering competitive brokerage rates and an advanced mobile trading platform. Groww provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 31 lakh, 3.46 crore, and 1.2 Cr users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, Angel One, and Groww helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while Angel One offers 4.5 and Groww features 4.

Services / FeaturesMirae Asset SharekhanAngel OneGroww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE, MCX
Active Clients 31 lakh 3.46 crore 1.2 Cr
Broker Overview Mirae Asset Sharekhan Review Angel One Review Groww Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Mirae Asset Sharekhan, Angel One, and Groww reveal significant differences in their offerings. Mirae Asset Sharekhan provides N/A trading and demat account opening, while Angel One offers Zero and Groww features Free.

Account Opening Charges and AMCMirae Asset SharekhanAngel OneGroww
Trading Account Opening Zero Free
Trading AMC ₹500 per year Free
Demat Account Opening Zero Free
Demat AMC ₹ 400 ₹500 per year Free
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while Angel One offers - and Groww features No.

Brokerage PlansMirae Asset SharekhanAngel OneGroww
Multiple Plans - - No
Monthly Plans - - No
Yearly Plans - - No

Brokerage Charges

This comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their brokerage charges. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. Groww charges 20 or 0.1% brokerage on equity delivery and intraday, 20 for futures, and 20 for options.

Brokerage ChargesMirae Asset SharekhanAngel OneGroww
Plan Name - - Max Rs 20 per order Trading Plan
Equity Delivery 0.30% on trade price or minimum 1 paisa per share ₹20 or 0.1% 20 or 0.1%
Equity Intraday 0.02% on trade price or minimum 1 paisa per share ₹20 or 0.03% 20 or 0.1%
Equity Futures 0.02% per transaction value (each side) ₹20 20
Equity Options ₹39 per lot (each side) ₹20 20
Currency Futures 0.02% per transaction value (each side) ₹20 NA
Currency Options ₹5 per lot (each side) ₹20 NA
Commodity Futures 0.10% (one side)
Commodity Options 1% on premium or ₹150, whichever is higher
Hidden Charges No No Zero
Call & Trade Charges NA ₹20 + GST Rs 16.5 per scrip on Sell
Auto Square Off Charges ₹50 per order ₹20 + GST Rs 50 Per Executable Order
Brokerage Calculator Groww Brokerage Calculator

Transactions Charges

This comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while Angel One offers NSE: 0.00297% BSE*: As Per The Stock Group and Groww features 20.

Transactions ChargesMirae Asset SharekhanAngel OneGroww
Equity Delivery NSE: 0.00297% | 0.00375% NSE: 0.00297% BSE*: As Per The Stock Group 20
Equity Intraday NSE: 0.00297% | 0.00375% NSE: 0.00297% BSE*: As Per The Stock Group 20
Equity Futures NSE: 0.00173% NSE: 0.00173% BSE: 0 20
Equity Options NSE: 0.03503% on Premium NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% 20
Currency Futures NSE: 0.00035% NSE: 0.00035% BSE: 0.00045% 20
Currency Options NSE: 0.0311% NSE: 0.0311% BSE: 0.001% 20
Commodity 0.0418% MCX 0.0418% NCDEX Options 0.03% 20

Account Features

These are the notable distinctions in the account features of Mirae Asset Sharekhan, Angel One, and Groww when compared.

Account FeaturesMirae Asset SharekhanAngel OneGroww
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:20 PM Yes 3:20 PM
NRI Trading Yes Yes No

Trading Platforms

The trading platforms comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their offerings. Mirae Asset Sharekhan, Angel One and Groww provide web trading platforms and mobile trading platforms.

Trading PlatformsMirae Asset SharekhanAngel OneGroww
Web Trading Platform Yes Yes Yes
Web Trading Detail Yes Groww
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Groww
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Yes Groww
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Zero Free

Broker Ratings

The broker ratings comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while Angel One offers 4.4 and Groww features 4.0.

Broker RatingsMirae Asset SharekhanAngel OneGroww
Fees Ratings 4.3 4.4 4.0
Trading Brokerage Rating 4.3 4.4 4.4
Trading Platform Usability 4,3 4.3 4.8
Customer Service Ratings 4.2 4.4 3.8
Overall Ratings 4.3 4.4 4.3

Investment Offerings

This comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Groww provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities.

Investment OfferingsMirae Asset SharekhanAngel OneGroww
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes Yes No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes No
Other Investment Options Yes Yes No

Customer Support Offered

This comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their customer support offerings. Mirae Asset Sharekhan provides Yes Customer Service, while Angel One offers Yes and Groww features Yes.

Customer Support OfferedMirae Asset SharekhanAngel OneGroww
24/7 Customer Service Yes Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number No
Through Branches Yes Yes
Customer Care Number 02241683500 18001020 +91-9108800000
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center / Education https://www.sharekhan.com/learn-and-grow https://www.angelone.in/knowledge-center https://groww.in/blog
Head Office Address

Sharekhan Limited, 1st Floor, Tower No. 3,

Equinox Business Park, LBS Marg, Off BKC,

Kurla (West), Mumbai 400 070, Maharashtra, India.

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur, Bengaluru – 560103
Karnataka

Website https://www.sharekhan.com/ https://www.angelone.in/ https://groww.in/

Research and Reports

The research and reports comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their offerings.

Research and ReportsMirae Asset SharekhanAngel OneGroww
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes No
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Mirae Asset Sharekhan, Angel One, and Groww reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while Angel One offers CDSL and Groww features CDSL.

Demat Account ChargesMirae Asset SharekhanAngel OneGroww
DP Source NSDL & CDSL CDSL CDSL
DP ID NSDL - 300513 | CDSL - 12036000 384-2018 88700/88701/88702
Demat Account Annual Maintenance Charges (AMC) ₹ 400 ₹2950 Lifetime AMC Zero
Advance Deposit No No Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction
Demat ₹ 5 per share certificate (minimum ₹ 50 per request) ₹150 per certificate + ₹100 courier charges
Remat ₹ 50 per certificate or ₹ 50 for every hundred securities ₹150 per certificate + ₹100 courier charges + CDSL Charges
Pledge Creation ₹ 20 per transaction ₹20 + GST ₹20 + GST
Pledge Creation Confirmation NA Yes Yes
Pledge Closure ₹ 20 per transaction ₹20 + GST ₹20 + GST
Pledge Closure Confirmation NA Yes Yes
Pledge Invocation ₹ 20 per transaction ₹20 + GST ₹20
Failed Instruction Charges - ₹50 per instruction
Other Charges - Nil

Advantages and Disadvantages

BrokerProsCons
Mirae Asset Sharekhan
  • Established brand/reputation
  • Wide range of products & services
  • Strong research & advisory support
  • Free fund-transfer/call & trade facility
  • Advanced trading platform
  • Higher brokerage & fee structure
  • Minimum brokerage cost is a disadvantage for small trades
  • Platform complexity & beginner-unfriendly aspects
  • Customer support/service issues
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders
Groww
  • Free account opening
  • User interface/ease of use
  • Zero or low account opening
  • Zero AMC charges
  • No prepaid plans
  • Zero commission on Mutual Funds
  • Good-Till-Triggered (GTT) orders supported
  • Online IPO application available
  • Wide range of investment options
  • No research tips or recommendations
  • Limited advanced trading tools/analytics
  • Less ideal for high-frequency/day traders
  • Auto Square-Off charged INR 50 per order
  • Monthly unlimited trading plans not available
  • Dependence on technology/connectivity

Frequently Asked Questions

The account opening charges vary significantly: Mirae Asset Sharekhan charges Not specified, Angel One charges Zero, and Groww charges Free. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, Angel One provides ₹20 or 0.03%, and Groww charges 20 or 0.1%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Mirae Asset Sharekhan offers 4, Angel One provides 4, and Groww features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Mirae Asset Sharekhan has 4 support, Angel One offers 4, and Groww provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Mirae Asset Sharekhan with 4,3, Angel One with 4.3, and Groww with 4.8. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Mirae Asset Sharekhan (Yes), Angel One (Yes), and Groww (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, Angel One provides competitive pricing with intuitive interfaces, and Groww combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Mirae Asset Sharekhan focuses on intuitive design and quick execution, Angel One emphasizes advanced charting and analysis tools, while Groww balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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