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Swastika Investmart vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of Swastika Investmart 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 Swastika Investmart and Groww.

Background

Year of Incorporation Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992 2017
Website https://www.swastika.co.in/ https://groww.in/
Phone 022-66330000 +91 9108800604
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) CDSL & NSDL NSDL
Brokerage

Equity 0.02% for Intraday & 0.2% for Delivery - Negotiable Rs 20 or 0.05% per order
Equity Futures 0.02% of Turnover - Negotiable Rs 20 per executed order
Equity Options Rs 25/lot Rs 20 per executed order
Currency Futures 0.02% of Turnover - Negotiable Rs 0
Currency Options Rs 25/lot Rs 0
Commodity 0.02% of Turnover - Negotiable Rs 0
Account Opening Costs

Trading only NA Free
Trading & Demat Rs.250 Rs. 0
Commodity Rs.250 Rs. 0
Transparency & other costs

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

Equity 0.00350% of Turnover 0.00325%
Futures 0.0025% of Turnover 0.0035%
Options 0.055% of Premium Turnover 0.07%
Commodities 0.0025% of Turnover 0.004%
AMC charge Rs.250 annually or Rs. 2000 for lifetime Rs 0
DP Transaction Charge 0.04% with minimum Rs 20 Rs.13.5 per company
Offline order placing Charge NIL Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on NOW 22 days
End of Day 10years on NOW 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr) 5x
Equity Futures Upto 7 times intraday leverage (negotiable if turnover 1 Cr) 2x for intraday
Equity Options No leverage (negotiable if turnover 1 Cr) No leverage
Currency Futures No Leverage 2x for intraday
Currency Options No Leverage No leverage
Commodity Upto 2 times for Intraday (negotiable if turnover 1 Cr) 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 1.07 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 1.67 Crores Rs 70.48 crores
Profit after Tax FY13/14 Rs 2.10 Crores Rs 73.78 Crore
Profit after Tax FY 14/15 Rs 3.50 Crores Rs 75.92 Crore
Profit after Tax FY 15/16 Rs 4.47 Crores Rs 82.85 Crore
Profit after Tax FY 16/17 Rs 5.07 Crores Rs 90.11 Crore
Profit after Tax FY 17/18 Rs 6.88 Crores Rs 106.09 Crore
Profit after Tax FY 18/19 Rs 7.98 Crores Rs 115.68 Crore
Profit after Tax FY 19/20 Rs 8.46 Crores Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 9.25 Crores Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 10.30 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 11.32 Crores Rs 205.65 Crore
Debt FY11/12 Rs 19.5 Lakhs Rs 51 Crores
Debt FY12/13 Rs 23.9 Lakhs Rs 41.5 Crores
Debt FY13/14 Rs 24.2 Lakhs Rs 42.93 Crore
Debt FY14/15 Rs 28.48 Lakh Rs 49.48 Crore
Debt FY15/16 Rs 19.17 Lakh Rs 41.73 Crore
Debt FY16/17 Rs 25.69 Lakh Rs 54.26 Crore
Debt FY17/18 Rs 18.10 Lakh Rs 69.77 Crore
Debt FY18/19 Rs 32.14 Lakh Rs 57.16 Crore
Debt FY19/20 Rs 23.76 Lakh Rs 51.39 Crore
Debt FY20/21 Rs 33.72 Lakh Rs 57.47 Crore
Debt FY21/22 Rs 24.08 Lakh Rs 77.59 Crore
Debt FY22/23 Rs 24.59 Lakh Rs 80.11 Crore
Profit to Equity(%) FY11/12 15.34 62.90
Profit to Equity(%) FY12/13 14.02 12.38
Profit to Equity(%) FY13/14 14.25 14.86
Profit to Equity(%) FY14/15 21.36 17.05
Profit to Equity(%) FY15/16 20.90 14.29
Profit to Equity(%) FY16/17 18.57 19.11
Profit to Equity(%) FY17/18 19.71 21.51
Profit to Equity(%) FY18/19 22.20 18.17
Profit to Equity(%) FY19/20 19.69 14.49
Profit to Equity(%) FY20/21 27.20 18.46
Profit to Equity(%) FY21/22 27.20 14.70
Profit to Equity(%) FY22/23 20.50 25.75
Balance Sheet Size FY11/12 Rs 74.9 Crores Rs 304 Crores
Balance Sheet Size FY12/13 Rs 85.7 Crores Rs 296.15 Crores
Balance Sheet Size FY13/14 Rs 80.07 Crores Rs 333.40 Crore
Balance Sheet Size FY14/15 Rs 100.61 Crores Rs 306.36 Crore
Balance Sheet Size FY15/16 Rs 102.05 Crores Rs 533.57 Crore
Balance Sheet Size FY16/17 Rs 89.88 Crores Rs 544.52 Crore
Balance Sheet Size FY17/18 Rs 112.53 Crores Rs 3952.01 Crore
Balance Sheet Size FY18/19 Rs 93.47 Crores Rs 4280.32 Lakh
Balance Sheet Size FY19/20 Rs 105.96 Crores Rs 4476 Lakh
Balance Sheet Size FY20/21 Rs 105.96 Crores Rs 4627 Lakh
Balance Sheet Size FY21/22 Rs 93.47 Crores Rs 6184.35 Lakh
Balance Sheet Size FY22/23 Rs 105.07 Crores Rs 5994 Crores

Comparison Link:

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Frequently Asked Questions

Is Swastika Investmart better than Groww ?

Swastika Investmart and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww better than Swastika Investmart ?

Swastika Investmart and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Swastika Investmart cheaper than Groww ?

Swastika Investmart and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Groww cheaper than Swastika Investmart ?

Swastika Investmart and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Swastika Investmart vs. Groww ?

To find out the better of the two stockbrokers Swastika Investmart and Groww, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.