Aditya Birla Money vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of Aditya Birla Money vs Groww here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Aditya Birla Money and Groww.

Background

Year of Incorporation 1994 - Formerly Apollo Sindhuri 2017
Website https://www.adityabirlacapital.com/ https://groww.in/
Phone 1800-270-7000 +91 9108800604
Exchanges enabled NSE, BSE, MCX, & NCDEX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL NSDL
Brokerage

Equity 0.01% Intraday & 0.10% Delivery Rs 20 or 0.05% per order
Equity Futures 0.01% of Turnover Rs 20 per executed order
Equity Options Rs 20 per lot Rs 20 per executed order
Currency Futures 0.01% of Turnover Not Available
Currency Options Rs 20 per lot Not Available
Commodity Rs 20 per lot Not Available
Account Opening Costs

Trading only Rs 750 Free
Trading & Demat Rs 750 Rs. 0
Commodity Not Available Rs. 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325%
Futures 0.0030% of Turnover 0.0035%
Options 0.060% of Turnover 0.07%
Commodities 0.003% of Turnover 0.004%
AMC charge Rs 400 per year Rs 0
DP Transaction Charge Rs 20/debit instruction Rs.13.5 per Scrip
Offline order placing Charge NIL Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days on NEST 22 days
End of Day 10 years on NEST 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x Intraday & Upto 5x Delivery 1x on Delivery & upto 5x on Intraday
Equity Futures Upto 3x for Intraday Upto 2x for intraday
Equity Options Upto 2x for Intraday No leverage
Currency Futures Upto 3x for Intraday Upto 2x for intraday
Currency Options No Leverage No leverage
Commodity Not Available Upto 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 17.8 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 15.3 Crores Rs 78.48 crores
Profit after Tax FY13/14 Rs 11.73 Crores Rs 83.78 Crore
Profit after Tax FY 14/15 Rs 5.9 Crores Rs 95.92 Crore
Profit after Tax FY 15/16 Rs 9.91 Crores Rs 102.85 Crore
Profit after Tax FY 16/17 Rs 13.79 Crores Rs 110.14 Crore
Profit after Tax FY 17/18 Rs 15.04 Crores Rs 126.09 Crore
Profit after Tax FY 18/19 Rs 12.94 Crores Rs 145.68 Crore
Profit after Tax FY 19/20 Rs 13.60 Crores Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 18.74 Crores Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 17.69 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 18.19 Crores Rs 205.65 Crore
Debt FY11/12 Rs 50.36 Crores Rs 101 Crores
Debt FY12/13 Rs 56.03 Crores Rs 161.5 Crores
Debt FY13/14 Rs 9.87 Crores Rs 282.93 Crores
Debt FY14/15 Rs 69 Crores Rs 249.48 Crores
Debt FY15/16 Rs 75.37 Crores Rs 241.73 Crores
Debt FY16/17 Rs 76.47 Crores Rs 314.26 Crores
Debt FY17/18 Rs 104.65 Crores Rs 369.77 Crores
Debt FY18/19 Rs 96.06 Crores Rs 397.16 Crores
Debt FY19/20 Rs 115.16 Crores Rs 451.39 Crores
Debt FY20/21 Rs 127.86 Crores Rs 537.47 Crores
Debt FY21/22 Rs 124.55 Crores Rs 577.59 Crores
Debt FY22/23 Rs 146.55 Crores Rs 580.11 Crores
Profit to Equity(%) FY11/12 16.22% 12.90%
Profit to Equity(%) FY12/13 17.8% 12.38%
Profit to Equity(%) FY13/14 21.38% 14.86%
Profit to Equity(%) FY14/15 15% 17.05%
Profit to Equity(%) FY15/16 19.38% 14.29%
Profit to Equity(%) FY16/17 20.79% 19.11%
Profit to Equity(%) FY17/18 21.15% 21.51%
Profit to Equity(%) FY18/19 29.30% 18.17%
Profit to Equity(%) FY19/20 23.33% 18.49%
Profit to Equity(%) FY20/21 24.09% 28.58%
Profit to Equity(%) FY21/22 22.15% 32.31%
Profit to Equity(%) FY22/23 24.80% 22.24%
Balance Sheet Size FY11/12 Rs 238 Crores Rs 2264 Crores
Balance Sheet Size FY12/13 Rs 303 Crores Rs 2596.15 Crores
Balance Sheet Size FY13/14 Rs 416 Crores Rs 2803.40 Crores
Balance Sheet Size FY14/15 Rs 533 Crores Rs 2936.36 Crores
Balance Sheet Size FY15/16 Rs 683.46 Crores Rs 3133.57 Crores
Balance Sheet Size FY16/17 Rs 862.87 Crores Rs 3544.52 Crores
Balance Sheet Size FY17/18 Rs 919.27 Crores Rs 3952.01 Crores
Balance Sheet Size FY18/19 Rs 1031.50 Crores Rs 4280.32 Crores
Balance Sheet Size FY19/20 Rs 1387.28 Crores Rs 4476 Crores
Balance Sheet Size FY20/21 Rs 1435.93 Crores Rs 4627 Crores
Balance Sheet Size FY21/22 Rs 1683.10 Crores Rs 5184.35 Crores
Balance Sheet Size FY22/23 Rs 1849.30 Crores Rs 5994.78 Crores

Comparison Link:

Compare Aditya Birla Money Compare Groww
Aditya Birla Money Vs Punch Trade Groww Vs Punch Trade
Aditya Birla Money Vs BlinkX Groww Vs BlinkX
Aditya Birla Money Vs Lemonn Groww Vs Lemonn
Aditya Birla Money Vs Mandot Securities Groww Vs Mandot Securities
Aditya Birla Money Vs HDFC Sky Groww Vs HDFC Sky
Aditya Birla Money Vs Dhan Groww Vs Dhan
Aditya Birla Money Vs Goodwill Wealth Groww Vs Goodwill Wealth
Aditya Birla Money Vs Shoonya by Finvasia Groww Vs Shoonya by Finvasia
Aditya Birla Money Vs NJ Wealth Groww Vs NJ Wealth
Aditya Birla Money Vs Paytm Money Groww Vs Paytm Money
Aditya Birla Money Vs Globe Capital Groww Vs Globe Capital
Aditya Birla Money Vs Finvasia Groww Vs Finvasia
Aditya Birla Money Vs Cholamandalam Securities Groww Vs Cholamandalam Securities
Aditya Birla Money Vs Canara Bank Groww Vs Canara Bank
Aditya Birla Money Vs Axis Direct Groww Vs Axis Direct
Aditya Birla Money Vs Alice Blue Groww Vs Alice Blue
Aditya Birla Money Vs 5Paisa Groww Vs 5Paisa
Aditya Birla Money Vs M.stock Groww Vs M.stock
Aditya Birla Money Vs WisdomCapital Groww Vs WisdomCapital
Aditya Birla Money Vs Way2wealth Groww Vs Way2wealth
Aditya Birla Money Vs Ventura Securities Groww Vs Ventura Securities
Aditya Birla Money Vs Navia Markets Ltd Groww Vs Navia Markets Ltd
Aditya Birla Money Vs Tradejini Groww Vs Tradejini
Aditya Birla Money Vs Tata Securities Groww Vs Tata Securities
Aditya Birla Money Vs Swastika Investmart Groww Vs Swastika Investmart
Aditya Birla Money Vs SMC Global Groww Vs SMC Global
Aditya Birla Money Vs SBICAP Securities Groww Vs SBICAP Securities
Aditya Birla Money Vs SASOnline Groww Vs SASOnline
Aditya Birla Money Vs Samco securities Groww Vs Samco securities
Aditya Birla Money Vs RK Global Groww Vs RK Global
Aditya Birla Money Vs Reliance Securities Groww Vs Reliance Securities
Aditya Birla Money Vs Nirmal Bang Groww Vs Nirmal Bang
Aditya Birla Money Vs Master Trust Capital Groww Vs Master Trust Capital
Aditya Birla Money Vs Kotak Securities Groww Vs Kotak Securities
Aditya Birla Money Vs Interactive Brokers Groww Vs Interactive Brokers
Aditya Birla Money Vs IIFL Securities Groww Vs IIFL Securities
Aditya Birla Money Vs Dhani Groww Vs Dhani
Aditya Birla Money Vs IDBI Capital Groww Vs IDBI Capital
Aditya Birla Money Vs HDFC Securities Groww Vs HDFC Securities
Aditya Birla Money Vs Geojit Groww Vs Geojit
Aditya Birla Money Vs Fyers Securities Groww Vs Fyers Securities
Aditya Birla Money Vs Edelweiss Capital Groww Vs Edelweiss Capital
Aditya Birla Money Vs Easytradez Groww Vs Easytradez
Aditya Birla Money Vs Rupeezy Groww Vs Rupeezy
Aditya Birla Money Vs Anand Rathi Groww Vs Anand Rathi
Aditya Birla Money Vs Achiievers Groww Vs Achiievers
Aditya Birla Money Vs Angel One Groww Vs Angel One
Aditya Birla Money Vs Motilal Oswal Groww Vs Motilal Oswal
Aditya Birla Money Vs ICICI Direct Groww Vs ICICI Direct
Aditya Birla Money Vs Sharekhan Groww Vs Sharekhan
Aditya Birla Money Vs Tradesmart Online Groww Vs Tradesmart Online
Aditya Birla Money Vs Upstox Groww Vs Upstox
Aditya Birla Money Vs Zerodha Groww Vs Zerodha

Frequently Asked Questions

Which is better, Aditya Birla Money or Groww?

Aditya Birla Money Securities and Groww are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Aditya Birla Money and Groww offer mobile trading apps?

Yes, both Aditya Birla Money Securities and Groww provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Groww and Aditya Birla Money?

The account opening charges by brokers Aditya Birla Money and Groww for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Aditya Birla Money and Groww are SEBI-registered brokers with good reputations. Aditya Birla Money is known for its trading platforms, while Groww is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Aditya Birla Money and Groww offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.