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Mirae Asset Sharekhan · Review

Mirae Asset Sharekhan review

Independent review of Mirae Asset Sharekhan — brokerage, app, account opening, customer support and the kind of investor it actually fits. Mirae Asset Sharekhan (rebranded from Sharekhan after the 2023 acquisition) is a full-service broker.

Last reviewed 2026-06-13

Verdict

Who Mirae Asset Sharekhan fits

Investors and traders who want a full-service broker with research, multiple platforms (mobile, web, desktop terminal, telephone), and advisory support rather than the absolute lowest flat-fee discount pricing.

Brokerage at a glance

Headline brokerage on the default Mirae Asset Sharekhan standard plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.

Equity delivery
0.3%
Equity intraday
0.02%
Futures
0.02%
Options
Flat ₹39/lot

About Mirae Asset Sharekhan

Mirae Asset Sharekhan (rebranded from Sharekhan after the 2023 acquisition) is a full-service broker. New accounts opened from May 2023 onwards follow a single percentage-based plan: 0.30% on delivery, 0.02% each side on intraday and futures, and ₹39 per lot on options. AMC is free for the first year, ₹400 thereafter.

The Mirae Asset Sharekhan App trading app

App features
  • Open a free Demat account online in about 15 minutes with paperless KYC
  • Trade 5,000+ stocks across NSE and BSE, plus F&O derivatives
  • Invest in 5,000+ mutual fund schemes and start SIPs from Rs 500/month
  • Apply for mainboard and SME IPOs with UPI payment
  • Option chain analysis with Greeks data and Pattern Finder tools
  • Real-time portfolio tracking with unified order book across segments

Opening a Mirae Asset Sharekhan account

Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at www.sharekhan.com.

Customer support

Mirae Asset Sharekhan support is available monday to friday, 8:30 am to 5:00 pm. For complete contact details, the four-level SEBI escalation path (broker desk → compliance officer → SCORES → SMART ODR), and what to have ready before escalating, see the Mirae Asset Sharekhan customer care page.

Pros and cons

Pros
Full-service offering with free research across equity, commodity, currency and mutual funds
Multiple platforms including the TradeTiger desktop terminal, web, mobile app, Dial-N-Trade and Trading API
Zero account-opening fee and first-year free demat AMC; BSDA option for small portfolios
Both NSDL and CDSL depository support, backed by Mirae Asset group
Cons
Percentage-based brokerage (e.g. 0.30% equity delivery, Rs 39 per lot equity options) is costlier than flat-fee discount brokers for active traders
Mutual funds are regular (commission) plans only, not direct plans
Demat AMC of Rs 400 per year applies after the first year for non-BSDA accounts
Some users report performance and service issues following the Mirae Asset platform migration

How we judge this: these pros and cons are drawn from Mirae Asset Sharekhan’s published charges and platform features, its app-store ratings — cross-checked against its SEBI registration and NSE / BSE membership. They are our editorial assessment, not a sponsored placement, and not financial advice.

What users say about Mirae Asset Sharekhan

Paraphrased themes from public app-store reviews and forums — these are users’ opinions, not our testing, and not financial advice. Sampled 2026-06-14.

Frequently praised
  • Trade across NSE and BSE in equity, F&O, commodity, currency, IPOs, mutual funds and SIPs from one app
  • Backed by a full-service desktop terminal (TradeTiger) for active traders
  • Free research coverage across segments with positional and intraday trading ideas
  • Dial-N-Trade telephone order placement available free of charge
  • Open-API / Trading API access for programmatic trading
Common complaints
  • Some users report slower order placement and update times following the migration to the Mirae Asset platform
  • Some users report delayed responses or callbacks from relationship managers
  • Some users report certain chart/tool features not working as expected after the rebrand

Alternatives to Mirae Asset Sharekhan

By active client count, Mirae Asset Sharekhan is the #13 largest of 38 retail brokers on the NSE (as of 2026-04-30). If you're weighing it against the field, these are the brokers people most often compare it with:

See the full ranked list of every retail broker in India on the stock brokers in India page, or compare exact landed cost on a typical trade with the brokerage calculator — switch brokers in the dropdown without leaving the page.

Back to Mirae Asset Sharekhan overview

Frequently asked

What people ask about Mirae Asset Sharekhan.

Mirae Asset Sharekhan is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Investors and traders who want a full-service broker with research, multiple platforms (mobile, web, desktop terminal, telephone), and advisory support rather than the absolute lowest flat-fee discount pricing.

Equity delivery is 0.3%. Equity intraday is 0.02%. Equity options is Flat ₹39/lot. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.

Mirae Asset Sharekhan is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.

Open a free Demat account online in about 15 minutes with paperless KYC. Trade 5,000+ stocks across NSE and BSE, plus F&O derivatives. For a full feature list and download links see the Mirae Asset Sharekhan app page.

Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://www.sharekhan.com.

Discount brokers comparable to Mirae Asset Sharekhan include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.