Motilal Oswal Review

Full Service Broker

3.9/ 5 rating9 L+ active clients

Research-heavy full-service house; suits investors who want hand-holding.

Charges

Account Opening Fee	₹0
Annual Maintenance (AMC)	₹400/yr
Equity Delivery	0.20%
Equity Intraday	0.02%
F&O	Plan-based
Demat Account	NSDL/CDSL

Pros

Award-winning research
Advisory & PMS
Branch network

Cons

Percentage brokerage
Aggressive sales calls