FundsIndia Vs Achintya
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
FundsIndia Vs Achintya - Broker Details
| FundsIndia | Achintya | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 2004 |
| Exchanges | Sebi | BSE, NSE, MCX and NCDEX |
| Branches | Zero | 10 |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Broker Type | Full Service Broker | Full Service Broker |
FundsIndia Vs Achintya - Account Opening & AMC Charges
| FundsIndia | Achintya | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹0 (Free) First Year Free |
| Trading Account AMC | N/A | ₹0 (Free) First Year Free |
FundsIndia Vs Achintya - Brokerage charges & Plans
| FundsIndia | Achintya | |
|---|---|---|
| Commodity Futures | N/A | As per Brokerage Plan |
| Currency Futures | N/A | As per Brokerage Plan |
| Equity Delivery | 0.01% | As per Brokerage Plan |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Commodity Options | N/A | As per Brokerage Plan |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Currency Options | N/A | As per Brokerage Plan |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
FundsIndia Vs Achintya - Other Charges
| FundsIndia | Achintya | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 +GST |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
FundsIndia Vs Achintya - Transaction Charges
| FundsIndia | Achintya | |
|---|---|---|
| Currency Options | N/A | NSE: 0.035% | BSE: 0.001% |
| Equity Futures | 0.0035% on turnover | NSE: 0.0021% |
| Equity Intraday | 0.0035% on turnover | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | 0.0035% on turnover | NSE: 0.052% (On Premium) |
| Commodity | N/A | Futures - Exchange Txn Charges:0.0026% | Options - Exchange Txn Charges:0.006% |
| Currency Futures | N/A | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | 0.1% on the transaction amount | NSE: 0.00345% | BSE: 0.00345% |
FundsIndia Vs Achintya - Margin (Exposure)
| FundsIndia | Achintya | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
FundsIndia Vs Achintya - Features
| FundsIndia | Achintya | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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FundsIndia Vs Achintya - Review & Rating
| FundsIndia | Achintya | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Achintya - Request a call back from Broker
| FundsIndia | Achintya | |
|---|---|---|
FundsIndia Vs Achintya - Investment Options
| FundsIndia | Achintya | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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FundsIndia Vs Achintya - Order Type
| FundsIndia | Achintya | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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FundsIndia Vs Achintya - Research & Report
| FundsIndia | Achintya | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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FundsIndia Vs Achintya - Daily Market Report
| FundsIndia | Achintya | |
|---|---|---|
| Daily Market Reports & News |
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FundsIndia Vs Achintya - Suitable For Investor
| FundsIndia | Achintya | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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FundsIndia Vs Achintya - Pros & Cons
| FundsIndia | Achintya | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 1. Experienced team of financial experts, 2. Diverse investment options, 3. Strong track record of performance, 4. Excellent customer service, 5.Advanced trading platforms. |
| Cons | 1.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 1. Limited presence in certain geographical regions, 2. Higher fees and charges compared to some competitors, 3. Potential dependency on market fluctuations, 4. Limited range of investment products compared to larger firms. |
FundsIndia Vs Achintya - Background
| FundsIndia | Achintya | |
|---|---|---|
FundsIndia Vs Achintya - Compare All Brokers
| FundsIndia | Achintya | |
|---|---|---|
FundsIndia Vs Achintya - STT/CTT
| FundsIndia | Achintya | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on Sell Side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on Sell Side (On Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on Sell Side |
| Commodity Options | N/A | 0.05% on Sell Side |
FundsIndia Vs Achintya - Demat transaction charges
| FundsIndia | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | N/A |
FundsIndia Vs Achintya - GST
| FundsIndia | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
FundsIndia Vs Achintya - SEBI Charges
| FundsIndia | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / Crore |
FundsIndia Vs Achintya - Account Opening & AMC Charges
FundsIndia
Achintya
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹0 (Free) First Year Free
Trading Account AMC
N/A
₹0 (Free) First Year Free
FundsIndia Vs Achintya
| FundsIndia | Achintya | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Achintya |
Achintya Securities Account Opening Charges and Process Details |
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Achintya
Achintya gives an overall review of the updates about the Brokerage Charges, Traditional Plan, Account Type, Margin, Trading Software, We can also review Achiievers Equities Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages
FundsIndia Vs Achintya - Brokerage charges & Plans
| FundsIndia | Achintya | |
|---|---|---|
| Commodity Futures | N/A | As per Brokerage Plan |
| Currency Futures | N/A | As per Brokerage Plan |
| Equity Delivery | 0.01% | As per Brokerage Plan |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Commodity Options | N/A | As per Brokerage Plan |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Currency Options | N/A | As per Brokerage Plan |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Call Back Open Account |
FundsIndia Vs Achintya - Margin (Exposure)
| FundsIndia | Achintya | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
FundsIndia Vs Achintya - Other Charges
| FundsIndia | Achintya | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20 +GST |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | As per Brokerage Plan |
FundsIndia Vs Achintya - STT/CTT
| FundsIndia | Achintya | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on Sell Side (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.0625% on Sell Side (On Premium) |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.0125% on Sell Side |
| Commodity Options | N/A | 0.05% on Sell Side |
FundsIndia Vs Achintya - Demat transaction charges
| FundsIndia | Achintya | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | N/A |
FundsIndia Vs Achintya - GST
| FundsIndia | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
FundsIndia Vs Achintya - SEBI Charges
| FundsIndia | Achintya | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / Crore |
FundsIndia Vs Achintya - Features
| FundsIndia | Achintya | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 1. Achintya Fly App, 2. Achintya Fly Web, 3. Achintya Fly Dealer. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |