Top Stock Advisory
Indus Portfolio vs. Raghunandan Capital
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Indus Portfolio and Raghunandan Capital. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Indus Portfolio and Raghunandan Capital.
Overview
Indus Portfolio are Raghunandan Capital both private companies and Indus Portfolio operates as a full service Broker, while Raghunandan Capital functions as a discount broker. Inder Krishna Rasgotra co-founded Indus Portfolio in 1992. And Raghunandan Capital was founded in the year 2004 by Kapil Mittal. Indus Portfolio's headquarters are in NEW DELHI, Delhi and Raghunandan Capital's headquarters are in Gwalior, MP.
Indus Portfolio operates as a full service Broker, while Raghunandan Capital functions as a discount broker. Indus Portfolio is registered in NA, while Raghunandan Capital is registered in NA. The total branches of Indus Portfolio are Nil and the Raghunandan Capital branches are Nil.
| Overview | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Broker Type | Full Service Broker | Discount Broker |
| Type of company | Private | Private |
| Headquarter | NEW DELHI, Delhi | Gwalior, MP |
| Founders | Inder Krishna Rasgotra | Kapil Mittal |
| Foundation Year | 1992 | 2004 |
| Supported Exchanges | NA | NA |
| Total branches | Nil | Nil |
Indus Portfolio and Raghunandan Capital Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Indus Portfolio charging Rs.100 and Raghunandan Capital charging Rs.250.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Indus Portfolio Demat account is Rs.250 per Annum and for the Raghunandan Capital Demat account is Rs.250 per Annum. The Trading AMC for Indus Portfolio and Raghunandan Capital is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Indus Portfolio and Raghunandan Capital is CDSL.
| Account Opening and Demat Charges | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Trading Account Opening Charges | Rs.100 | Rs.250 |
| Demat AMC (Annual Maintenance Charges) | Rs.250 per Annum | Rs.250 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Minimum Rs.3,000 | Minimum Rs.5,100 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Indus Portfolio and Raghunandan Capital Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Indus Portfolio is 0.40%, while Raghunandan Capital charges you 0.35%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Indus Portfolio is 0.04% and for Raghunandan Capital also, it is 0.04%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Indus Portfolio charge 0.04% and Raghunandan Capital charge 0.04% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Indus Portfolio charges Rs.40 per Lot, and Raghunandan Capital charges Rs.35 per Lot.
| Equity Brokerage Charges | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Equity Delivery Brokerage | 0.40% | 0.35% |
| Equity Intraday Brokerage | 0.04% | 0.04% |
| Equity Futures Brokerage | 0.04% | 0.04% |
| Equity Options Brokerage | Rs.40 per Lot | Rs.35 per Lot |
Indus Portfolio and Raghunandan Capital Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Indus Portfolio is 0.04% and for Raghunandan Capital is 0.04%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Indus Portfolio charges Rs.20 per Lot for currency options, whereas Indus Portfolio charges Rs.15 per Lot.
| Currency Brokerage Charges | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Currency Futures Brokerage | 0.04% | 0.04% |
| Currency Options Brokerage | Rs.20 per Lot | Rs.15 per Lot |
Indus Portfolio and Raghunandan Capital Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Indus Portfolio charges 0.04% for commodity trading, while Raghunandan Capital charges 0.04%.
| Commodity Brokerage Charges | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Commodity Options Brokerage | 0.04% | 0.04% |
Indus Portfolio and Raghunandan Capital Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Indus Portfolio levies a minimum brokerage fee of Percentage of Transaction, while Raghunandan Capital charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Indus Portfolio levies a transaction brokerage charge of 0.00285%, while Raghunandan Capital charges 0.00299%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Indus Portfolio is 0.0002% of Total Turnover and for Indus Portfolio is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Indus Portfolio are 0.0126% of Total Turnover, while for Raghunandan Capital, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Indus Portfolio charges NA and Raghunandan Capital charges NA.
| Other Brokerage Charges | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00285% | 0.00299% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | NA |
Indus Portfolio and Raghunandan Capital Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Indus Portfolio is up to Upto 2x and by Raghunandan Capital it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Indus Portfolio is up to Upto 2x and by Raghunandan Capital it is up to Upto 5x.
Equity Futures: Leverage for Equity Futures by Indus Portfolio is up to Upto 2x and by Raghunandan Capital it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Indus Portfolio is up to Upto 4x and by Raghunandan Capital also, it is up to Upto 4x.
| Equity Leverage | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 2x | Upto 5x | Equity Futures | Upto 2x | Upto 2x | Equity Options | Upto 4x | Upto 4x |
Indus Portfolio and Raghunandan Capital Currency Leverage
The currency futures leverage provided by Indus Portfolio is up to Upto 4x, while for Raghunandan Capital it is up to Upto 2x.
The currency options leverage provided by Indus Portfolio is up to Upto 2x, while for Raghunandan Capital it is up to Upto 2x.
| Currency Leverage | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Currency Futures | Upto 4x | Upto 2x | Currency Options | Upto 2x | Upto 2x |
Indus Portfolio and Raghunandan Capital Commodity Leverage
The commodity leverage provided by Indus Portfolio is up to Upto 2x, while for Raghunandan Capital it is up to Upto 2x.
| Commodity Leverage | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Commodity | Upto 2x | Upto 2x |
Indus Portfolio and Raghunandan Capital Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | No | No | Flexible Plans | No | Yes | Brokerage Discounts | Yes | No | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | Yes | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Indus Portfolio and Raghunandan Capital Features
Equity Trading: Indus Portfolio and Raghunandan Capital brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Indus Portfolio and Raghunandan Capital also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Indus Portfolio and Raghunandan Capital broker is that you can also invest in IPOs. Indus Portfolio also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Indus Portfolio offers trading exposure of up to Upto 2x, while Raghunandan Capital gives up to Upto 5x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Indus Portfolio and Raghunandan Capital, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Indus Portfolio and Raghunandan Capital also allow you to trade in forex trading.
| Features | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
| Trading Institution | No | Yes | Trading Exposure | Upto 2x | Upto 5x | Mutual Funds | No | No | SIP (Systematic Investment Plan) | No | No | Forex Trading | No | No | Banking | No | No | Insurance | Yes | Yes |
Indus Portfolio and Raghunandan Capital Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Indus Portfolio and Raghunandan Capital offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Fundamental Reports | No | No |
| Research Reports | No | Yes |
| Company Reports | No | No |
| Annual Reports | No | No |
| Company Stock Review | No | No |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | No |
| Top Picks | Yes | No |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Indus Portfolio and Raghunandan Capital Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Indus Portfolio and Raghunandan Capital offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | Yes |
Indus Portfolio and Raghunandan Capital Mobile Trading Platforms
Indus Portfolio and Raghunandan Capital offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Mobile Browser | No | No |
| Android App | Yes | No |
| iOS App | Yes | No |
| Windows App | No | No |
| Other mobile os | No | No |
Indus Portfolio and Raghunandan Capital Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Indus Portfolio and Raghunandan Capital give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| Relationship Manager | No | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 0 | 15 |
Indus Portfolio and Raghunandan Capital Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Indus Portfolio and Raghunandan Capital registered and resolved complaints.
For Indus Portfolio, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Raghunandan Capital, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Indus Portfolio is better than Raghunandan Capital in case of resolving customer complaints.
| BSE Complaints | Indus Portfolio | Raghunandan Capital |
|---|---|---|
| BSE Complaints | 0 | 0 |
| BSE Resolved Complaints | 0 | 0 |
| Percentage of resolved BSE complaints | NaN % | NaN % |
| NSE Complaints | 3 | 1 |
| NSE Resolved Complaints | 3 | 1 |
| Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | NaN % | NaN % |
Frequently Asked Questions
Is Indus Portfolio better than Raghunandan Capital?
Indus Portfolio is a full service broker and Raghunandan Capital is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Raghunandan Capital better than Indus Portfolio?
Raghunandan Capital is a discount broker and Indus Portfolio is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Indus Portfolio and Raghunandan Capital?
Being a full-service broker, Indus Portfolio tends to have higher brokerage charges, while Raghunandan Capital, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Indus Portfolio and Raghunandan Capital?
To figure out which of the two stockbrokers, Indus Portfolio and Raghunandan Capital, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Indus Portfolio with other stock brokers
Visit the following pages to see a detailed comparision report of Indus Portfolio with other brokerage firms.
Compare Raghunandan Capital with other stock brokers
Visit the following pages to see a detailed comparision report of Raghunandan Capital with other brokerage firms.