Zerodha Vs Aditya Birla Capital – Which one is better? Side-by-side Inspiring Comparison

Zerodha Vs Aditya Birla Capital – Comparison:

Comparing Zerodha vs Aditya Birla Capital in terms of all product-wise details which are essential for every investor we get a detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Zerodha is the largest discount broker of India for providing the best online trading platform, high exposure in exchange for low brokerage, free mutual fund investment (using the platform) and a lot more.

Based on Bangalore it has 9lakhs customer base, 22 branch offices, 94 associate office, and 6 support-call & trade offices. 

Whereas, Aditya Birla Money is an eminent name in full-service broking organization that started its journey in 2008 based on Chennai.

This broker has a pan India presence with more than 41 branches and more than 750 sub-broker networks. In association with Allahabad bank, Aditya Birla Capital offers its customers a 3-in-1 account facility. 

Notable Features: 

Zerodha: 

  1. Offers direct mutual fund investment using their portal for free. 
  2. In association with IDFC, it provides 3-in-1 account facilities. 
  3. The trading terminal is best among all the other market competitors.
  4. It provides the best quality of customer support.
  5. Facilitate free fund transfer using UPI.

Aditya Birla Capital: 

  1. Trading & DEMAT account opening is offered for free. 
  2. This broker facilitates investors to transfer funds to 11 leading banks. 
  3. It offers its investors a personal dedicated relationship manager. 
  4. Call & trade facility is free. 
  5. They also offer an immediate account of opening facilities for KRA compliance clients. 
Zerodha Vs Aditya Birla Capital
Zerodha Vs Aditya Birla Capital

Zerodha Vs Aditya Birla Capital Company Details: 

Comparing Zerodha vs Aditya Birla Capital based on overall customer service we derived the below-mentioned details.

Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

OverviewZerodhaAditya Birla Money
Organization TypePrivatePublic
Broker CategoryDiscount BrokerFull-Service Broker
Head OfficeBangalore, IndiaMumbai, Maharashtra
FounderNithin KamathKumar Mangalam Birla
Established Year20102000

Zerodha Vs Aditya Birla Capital Customer Ratings:

Comparing Zerodha vs Aditya Birla Capital based on Customer Ratings we get this information.

Here we can see that regarding experience & research work, Aditya Birla Capital is leading but in the remaining segments such as products-services, brokerage charges & platforms, Zerodha is winning the race.

Customer RatingsZerodhaAditya Birla Money
On Experience5.7 out of 106.0 out of 10
On Products & Services8.5 out of 106.5 out of 10
On Brokerage Charges & Fees9.5 out of 105.9 out of 10
On Stock Research & Advisory4.0 out of 106.0 out of 10
On Trading Platforms9.0 out of 105.6 out of 10
On Overall Ratings7.4 out of 106.0 out of 10
On Star Ratings★★★★★★★★☆☆

Zerodha Vs Aditya Birla Capital AOC & AMC: 

Here we have compared Zerodha vs Aditya Birla Capital based on account opening charge & account maintenance charge.

Here we can see from the below contrast that Zerodha offers free AMC on the trading account along with zero margin money criteria. Whereas, Aditya Birla Money has free DEMAT and trading account AMC.

Demat ServicesZerodhaAditya Birla Money
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.300Rs.750
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.20,000
Offline to Online

Zerodha Vs Aditya Birla Capital Brokerage Charge:

Contrasting Zerodha vs Aditya Birla Capital based on Brokerage Charge we get the below details.

Here we can see that Aditya Birla Capital offers a percentage based brokerage charge structure. While Zerodha has a very economical flat fee-based brokerage charge.

Aditya Birla Capital charges a minimum brokerage on executed orders but there is no such minimum brokerage in Zerodha.

Brokerage Charge & FeesZerodha BrokerageAditya Birla Money Brokerage
Equity Delivery TradingZero0.30%
Equity Intraday TradingRs.200.03%
Commodity Options TradingRs.200.03%
Equity Futures TradingRs.200.03%
Equity Options TradingRs.20 per LotRs.50 per lot
Currency Futures TradingRs.200.03%
Currency Options TradingRs.20 per LotRs.20 per lot
Minimum BrokerageZeroRs.20 per executed order
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.20,000

Comparison on Administrative Charge: 

In terms of Administrative transactional charge, we here compared Zerodha vs Aditya Birla Capital as below.

We can see that both the broker share a similar charge structure excluding transaction charge criteria. In these criteria, Zerodha is slightly expensive than Aditya Birla Capital.

Other ChargesZerodhaAditya Birla Money
Transaction Charges0.00325% of Total Turnover0.00320% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Comparison on Offers: 

Contrasting Zerodha vs Aditya Birla Capital we get the below comparison on offers. We here can see that in terms of offers Aditya Birla Capital is offering more offers than Zerodha. 

OffersZerodhaAditya Birla Money
Free Demat Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparison on Services Offered: 

Comparing Zerodha vs Aditya Birla Capital based on their service offering we derived the below comparison:

ServicesZerodhaAditya Birla Money
Demat Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robo Advisory
PMS
Trading Institution
Trading ExposureMaximum 28xMaximum 15X

Zerodha or Aditya Birla Capital Research & Advisory: 

Contrasting Zerodha or Aditya Birla Capital based on their research & advisory offering we received the below comparison. Here we can see in the below table that Aditya Birla Capital offers many research & advisory support, where Zerodha doesn’t provide any.

Research & AdvisoryZerodhaAditya Birla Money
Fundamental Reports Services
Research Reports Services
Company Reports Services
Annual Reports Services
Company Stock Review Services
Free Stock Tips Services
IPO Reports Services
Top Picks Services
Daily Market Review Services
Monthly Reports Services
Weekly Reports Services
Offline Advisory Services
Relationship Manager Services

Zerodha Vs Aditya Birla Capital Margin/ Exposure/ Leverage

Considering Zerodha vs Aditya Birla Capital based on product-wise leverage we get the below details. 

Exposure / LeverageZerodha MarginAditya Birla Money Margin
Equity DeliveryMaximum 20xMaximum 5X
Equity IntradayMaximum 28xMaximum 15X
Equity FuturesMaximum 15xMaximum 4X
Equity OptionsMaximum 8xMaximum 8X
Currency FuturesMaximum 12xMaximum 3X
Currency OptionsMaximum 8xMaximum 3X
CommoditiesMaximum 17xMaximum 2X

Comparison of Products: 

Comparing Zerodha vs Aditya Birla Capital based on their product offering we derived the below comparison.

We can see in this below comparison that both Zerodha & Aditya Birla Capital offer almost the same products to their investors.

The only difference is Aditya Birla Capital offers mutual funds, insurance and SIP products which are not offered by Zerodha. 

ProductsZerodhaAditya Birla Money
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
SIP
Insurance

Zerodha Vs Aditya Birla Capital Trading Platforms: 

Because of the trading terminal offering of Zerodha vs  Aditya Birla Capital, we compared them as below. 

Trading PlatformsZerodhaAditya Birla Money
Desktop Platform – Windows
Desktop Platform – Mac
Desktop Browser Platform
Mobile Site Platform
Android App Platform
iOS App Platform
Windows App Platform
Other Mobile OS Platform
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management

Zerodha and Aditya Birla Capital Customer Support: 

Comparing customer assistance, we here have compared Zerodha and Aditya Birla Capital as below.

We can see from the below chart that Zerodha doesn’t provide dedicated dealers, offline trading (as it is a discount broker)& toll-free number. Whereas, Aditya Birla Capital doesn’t facilitate 24X7 support, toll-free number & chat support. 

Customer SupportZerodhaAditya Birla Money
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Email Support
Chat Support
Toll-Free Number
BranchesZero176
Aditya Birla Capital Demat Account
Aditya Birla Capital Demat Account

Comparison of Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Zerodha vs Aditya Birla Capital based on their customer complaint handling in the below table.

Complaints (Current Year)ZerodhaAditya Birla Money
Lodged in BSE120236
Resolved in BSE117230
Lodged in NSE89325
Resolved in NSE85316

Zerodha Call Back Request

Conclusion:

Finally, we can conclude that Aditya Birla Capital (full-service broker) has a huge offering for its customers just like its market reputation. But Zerodha (discount broker) offers lower charges to its customers.

Still, it should be kept in mind that individual investors should opt the broker between Zerodha vs Aditya Birla Capital as per his need only.

open zerodha demat account
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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.