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:
- Offers direct mutual fund investment using their portal for free.
- In association with IDFC, it provides 3-in-1 account facilities.
- The trading terminal is best among all the other market competitors.
- It provides the best quality of customer support.
- Facilitate free fund transfer using UPI.
Aditya Birla Capital:
- Trading & DEMAT account opening is offered for free.
- This broker facilitates investors to transfer funds to 11 leading banks.
- It offers its investors a personal dedicated relationship manager.
- Call & trade facility is free.
- They also offer an immediate account of opening facilities for KRA compliance clients.
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.
Overview | Zerodha | Aditya Birla Money |
Organization Type | Private | Public |
Broker Category | Discount Broker | Full-Service Broker |
Head Office | Bangalore, India | Mumbai, Maharashtra |
Founder | Nithin Kamath | Kumar Mangalam Birla |
Established Year | 2010 | 2000 |
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 Ratings | Zerodha | Aditya Birla Money |
On Experience | 5.7 out of 10 | 6.0 out of 10 |
On Products & Services | 8.5 out of 10 | 6.5 out of 10 |
On Brokerage Charges & Fees | 9.5 out of 10 | 5.9 out of 10 |
On Stock Research & Advisory | 4.0 out of 10 | 6.0 out of 10 |
On Trading Platforms | 9.0 out of 10 | 5.6 out of 10 |
On Overall Ratings | 7.4 out of 10 | 6.0 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 Services | Zerodha | Aditya Birla Money |
Depository Source | CDSL | CDSL & NSDL |
Account Opening Charges | Rs.300 | Rs.750 |
Demat AMC Charges | Rs.300 per Annum | Free |
Trading AMC Charges | Free | Free |
Margin Money | Zero | Rs.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 & Fees | Zerodha Brokerage | Aditya Birla Money Brokerage |
Equity Delivery Trading | Zero | 0.30% |
Equity Intraday Trading | Rs.20 | 0.03% |
Commodity Options Trading | Rs.20 | 0.03% |
Equity Futures Trading | Rs.20 | 0.03% |
Equity Options Trading | Rs.20 per Lot | Rs.50 per lot |
Currency Futures Trading | Rs.20 | 0.03% |
Currency Options Trading | Rs.20 per Lot | Rs.20 per lot |
Minimum Brokerage | Zero | Rs.20 per executed order |
Demat AMC Charges | Rs.300 per Annum | Free |
Trading AMC Charges | Free | Free |
Margin Money | Zero | Rs.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 Charges | Zerodha | Aditya Birla Money |
Transaction Charges | 0.00325% of Total Turnover | 0.00320% of Total Turnover |
STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
GST | 18% 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.
Offers | Zerodha | Aditya 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:
Services | Zerodha | Aditya Birla Money |
Demat Services | ✔ | ✔ |
Trading Services | ✔ | ✔ |
3 in 1 Account | ✖ | ✖ |
Intraday Services | ✔ | ✔ |
IPO Services | ✔ | ✔ |
Stock Recommendations | ✖ | ✔ |
Robo Advisory | ✖ | ✖ |
PMS | ✖ | ✔ |
Trading Institution | ✖ | ✔ |
Trading Exposure | Maximum 28x | Maximum 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 & Advisory | Zerodha | Aditya 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 / Leverage | Zerodha Margin | Aditya Birla Money Margin |
Equity Delivery | Maximum 20x | Maximum 5X |
Equity Intraday | Maximum 28x | Maximum 15X |
Equity Futures | Maximum 15x | Maximum 4X |
Equity Options | Maximum 8x | Maximum 8X |
Currency Futures | Maximum 12x | Maximum 3X |
Currency Options | Maximum 8x | Maximum 3X |
Commodities | Maximum 17x | Maximum 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.
Products | Zerodha | Aditya 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 Platforms | Zerodha | Aditya 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 Support | Zerodha | Aditya Birla Money |
Dedicated Dealer | ✖ | ✔ |
Offline Trading | ✖ | ✔ |
Online Trading | ✔ | ✔ |
24*7 Support | ✔ | ✖ |
Email Support | ✔ | ✔ |
Chat Support | ✔ | ✖ |
Toll-Free Number | ✖ | ✖ |
Branches | Zero | 176 |
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) | Zerodha | Aditya Birla Money |
Lodged in BSE | 120 | 236 |
Resolved in BSE | 117 | 230 |
Lodged in NSE | 89 | 325 |
Resolved in NSE | 85 | 316 |
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.