It is the 3rd largest stock broker in India which was incorporated in February 2000. It provides a variety of financial products and services like securities brokerage, mutual fund distribution, loan against shares, ESOP financing, IPO financing and wealth management.
Distinguishing Features:
- It is free to open and maintain a trading account with Sharekhan.
- The Demat Account charges are included in trading account opening charges.
- Equity Cash Intra-day Trades: 0.10% on the buy side.
- Equity Delivery Trades: 0.50% or 10 paise per share or ₹16 per scrip whichever is higher.
- F&O Trades: 0.10% on the first leg and 0.10% if squared off on any other day.
