Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India’s leading financial services company provides stock broking and research advisory services.

They offer Customized investment solutions to corporate, institutions and individual investors through its wide network of offices. Using their combine account facility one can trade in Equities, Derivatives, Currency or invest in IPOs, Mutual funds or NCDs under one roof.

Karvy’s Trading Platforms:

  1. Karvy Online Web

    Karvy Online Web or Xpress platform is a web based trading platform which is also works great on low bandwidth. It provides secure and real time access to news, quotes, and trading. It provides convenience to trade anywhere on mobiles, laptop and tablet. Using this platform trader can place, modify, or cancel orders, view order book, trade book, Intraday book and back office reports and real time news.

  2. Karvy Online Mobile Trading App

    KarvyOnline Mobile Trading App is a mobile platform which allows trader to execute trades on the move as well as access stock market news, currencies, commodities, quotes of NSE & BSE and many more updates instantly. KarvyOnline mobile app is available in Android Google Play and iPhone App Store for free.

  3. Karvy Nest Trder

    Karvy Nest (Next Generation Securities Trading System) Trader is desktop based front-end application that allows a trader to perform several trading functions. Karvy NEST Web is fast, convenient and secure mode for trading activities. It allows the investor to do all the things that are possible from a Trading Work Station (EXE) and more like view orders, trades and positions data, advance charting, view Market Picture and add-on tools to receive alerts, send internal messages etc.

Karvy Brokerage Charges:

  • Trading Account Opening Charges (One Time): Rs 0
  • Trading Annual maintenance charges (AMC): Rs 0
  • Demat Account Opening Charges (One Time): Rs 0
  • Demat Account Annual Maintenance Charges (AMC): Rs 500 (Rs 0 for 1st year)

Karvy brokerage plans:

  1. Basic PlanIn this plan the brokerage is charged in % of the transaction. The brokerage charged in this plan is as below:
    • Equity Delivery: 0.3%
    • Equity Intraday: 0.03%
    • Equity Future: 0.03%
    • Equity Options (Each Lot): Rs 50
    • Currency Future: 0.03%
    • Currency Options (Each Lot): Rs 50

Karvy Brokerage Charges in Detail

Karvy Charges EQUITY Delivery EQUITY Intraday
STT 0.01% on both Buy and Sell 0.025% on the Sell Side
Transaction Charges 0.00325% 0.00325%
Goods and Services Tax (GST) 18% on Brokerage + Transaction Charge 18% on Brokerage + Transaction Charge
SEBI Charges 15 Rs/Crore 15 Rs/Crore
Stamp Duty 0.01% subject to a maximum of Rs 50 – Varies by State 0.01% subject to a maximum of Rs 50 – Varies by State

 

Karvy Charges Futures Options
STT 0.01% on Sell Side 0.017% on Sell Side(on Premium)
Transaction Charges 0.0023% 0.055% on premium
Goods and Services Tax (GST) 18% on Brokerage + Transaction Charge 18% on Brokerage + Transaction Charge
SEBI Charges 15 Rs/Crore 15 Rs/Crore
Stamp Duty 0.01% subject to a maximum of Rs 50 – Varies by State 0.01% subject to a maximum of Rs 50 – Varies by State

 

Karvy Charges Currency Futures Currency Options
STT No STT No STT
Transaction Charges 0.00325% 0.00325%
Goods and Services Tax (GST) 18% on Brokerage + Transaction Charge 18% on Brokerage + Transaction Charge
SEBI Charges 15 Rs/Crore 15 Rs/Crore
Stamp Duty 0.01% subject to a maximum of Rs 50 – Varies by State 0.01% subject to a maximum of Rs 50 – Varies by State

 

Karvy Charges Commodity Futures
CTT 0.01% only on the sell side
Transaction Charges 0.003%
Goods and Services Tax (GST) 18% on Brokerage + Transaction Charge
SEBI Charges 15 Rs/Crore
Stamp Duty (Maharashtra) 0.01% subject to a maximum of Rs 50 – Varies by State

 

 

Karvy Depository Service Charges

For Resident Retail Customers and Corporates
Particulars Charges
Account Opening Nil
Closure of Account Nil
First Year AMC Nil
Annual Maintenance Charges Rs 500
Demat Charges Rs 3 per certificate + Courier Charges Rs 25/-
Pledge Creation Rs 50
Pledge Closure Rs 25
Pledge Invocation Rs 25
Rejection / fails Nil

 

Karvy Advantages:

  1. Karvy offers single login for trade in Equities, Currencies and F&O.
  2. Karvy offers investment in IPO and Mutual fund.
  3. Karvy provides 60 types of technical charts.
  4. Karvy offers free research reports to its customers.
  5. Karvy offers zero demat AMC for first year
  6. Karvy offers Live chat, classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.