Karuna Financial Sub Broker / Franchise / Authorised Person / Partner Review

Karuna Financial is a key player in the stock market with hundreds of Karuna Financial Sub Broker working under them across India.

Top Business Model Sub Broker
Revenue Sharing 55% – 75%
Security Deposit Rs.50,000 – Rs.125,000
Become Sub Broker in 30 Days
Receive Payout in 31 Days
Founder Sanjoy Tekriwal
Established Year 1995

Karuna Financial Services have been providing qualitative services like investment advice and related services in addition to facilitating transactions to customers for 24 years now with its base in Kolkata.

This article provides you with the services they offer to sub-brokers under their franchise, the support provided to them, and the charges given to them.

We will also see the revenue/cost sharing they offer, what they charge from their clients and what are the requirements for a client to work with the firm. The article provides you with the information that you need to know before you choose to work with them as a sub-broker or partner.

Karuna Finance offers

Karuna Financial Franchise – Customer Ratings

Find the below table to know the Customer Ratings of Karuna Financial Sub Broker:

Experience 2.4/5
Services 2.4/5
Products 2.3/5
Trading Platforms 2.2/5
Support 2.4/5
Revenue Sharing Model 2.5/5
Security Deposit 2.2/5
Offers 2.4/5
Market Share 2.3/5
Overall Ratings 2.4/5
Star Ratings ★★★☆☆

Experience of years adds credibility to their slot. The overall ratings that the customers have given to Karuna Financial Services is more than average. The best customer services, according to the ones that have tried the services of the company, are support, products, services, the experience that they bring to the table, the offers that they provide to sub-brokers and their potential clients, and the market share that they offer.

Apart from these, there are services that they provide that almost hit the mark like the trading platforms they provide and the security deposits they ask for. According to the customer ratings, their performance in providing the services that they offer is above the mark.

Overview of Karuna Financial Franchise / Sub Broker

Details about Karuna Financial Franchise are given in the below table:

Company Type Private
Broker type Full Service Broker
Headquarters Kolkata, West Bengal
Founder Sanjoy Tekriwal
Established Year 1995
SB Code Activation Time 30 Days
Payout Time 31 Days

Karuna Financial Sub BrokerKaruna Financial Services is a private brokerage firm that has been providing investment advice in addition to facilitating transactions since 1995. The company has worked with renowned names that account for its credibility. It was founded by Sanjoy Tekriwal and has its headquarters in Kolkata, West Bengal.

The sub-broker code takes a time period of 30 days for activation and their payout time is 31 days.

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    Karuna Financial Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program No


    Karuna Financial Sub Brokership

    Under this model, Karuna Financial Services provide brokers with a chance to be a part of the services as the sub-brokers act at an intermediate stage for the stockbroker and the client so that they can work under the name of that company.

    Sub-brokers are affiliated with the trading members and act on their behalf as an agent; and are associated with only one trading member of the exchange and they should be registered with SEBI. They can assist investors in dealing in securities.

    Karuna Financial Sub Broker Commission / Revenue Sharing

    Find below table to know Karuna Financial Securities Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 55% – 75%
    Remisier NA
    Referral Program NA

    Karuna Financial Services provide the stakeholders and contributors with a revenue-sharing amount varying from a minimum of 55% to a maximum of 75%.

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    Karuna Financial Franchise Cost / Security Deposit

    Below Tables gives a good understanding of Karuna Financial Securities Franchise Cost:

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.125,000
    Remisier NA
    Referral Program NA

    The security deposit to work with Karuna Financial Services for the sub-broker franchise has a minimum value of Rs.50,000 and it can go as high as Rs.125,000. As the security deposit increases, it results in an increase in the income generated in the end. The revenue at the end can be in the form of flat revenue as well as flexible revenue.

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    Karuna Financial Partner Infrastructure Requirement

    Check the table to know Karuna Financial Partner Infrastructure Requirement:

    Office Area Not Mandatory
    Employee Strength Not Mandatory
    Research Services Yes
    Internet Connection No
    Trading Terminals Yes
    Telephone Lines No

    In order to work with Karuna Financial Services, there are only two requirements that you must fulfill, is

    • It is compulsory that you do research services, and
    • That you do have trading terminals

    Office area and employee strength aren’t mandatory conditions but if you have those two, it may add as a perk whereas it would do without an internet connection and telephone line.

    Karuna Financial Sub Broker Offers

    Find below various Karuna Financial Capital Share Sub Broker Offers:

    Zero Deposit Yes
    10k Initial Deposit No
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing Yes
    Zero Revenue Sharing with Prepaid No

    The company provides a bunch of sub-broker offers in order to facilitate its clients as well as stakeholders. The offers include the following:

    • They provide the sub-broker plan without any deposit or zero deposit.
    • They provide you with a flexible revenue-sharing option, that is, the percentage used in the revenue-sharing calculation varies according to the transaction over different periods of time.
    • They provide you with a flat revenue-sharing option, that is, the revenue is generated depending on the sales of goods and services between the stakeholders and contributors, and the total transaction.

    Excluding offers like a 10k initial deposit and zero revenue sharing with prepaid.

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    Karuna Financial Franchise Support

    The below table consists of various support provided by Karuna Financial Authorised Person program:

    Marketing Support Yes
    Back-Office Support Yes
    Trading Support Yes
    Advisory Support Yes
    Dealing Training Yes
    Acquisition Training No
    Product Training No

    Karuna Financial Services facilitate the sub-brokers with the following:

    • Marketing support
    • Back-office support
    • Trading support
    • Advisory support
    • Dealing training

    Excluding facilities like acquisition and product training.

    Karuna Financial Authorised Person – Brokerage Charges to Clients

    The table gives proper information on Karuna Financial Brokerage charges levied to its Franchise Clients:

    Equity Delivery 0.36%
    Equity Intraday 0.04%
    Equity Futures 0.04%
    Equity Options Rs.36 per Lot
    Currency Futures 0.04%
    Currency Options Rs.36 per Lot
    Commodity 0.04%

    The charge that Karuna financial  services give to their sub-brokers is as follows:

    • 36% to equity delivery
    • 04% to equity intraday
    • 04% to equity futures
    • 36 per Lot to equity options
    • 04% to currency futures
    • 36 per Lot to currency options
    • 04% to commodity

    Karuna Financial Partner – Account Opening Charges to Clients

    The table gives proper information on Karuna Financial Account opening charges levied to its Franchise Clients:

    Demat AMC Rs.360 per Annum
    Trading AMC Rs.150 per Annum
    Account Opening Charges Free
    Transaction Charges 0.00312%
    Margin Money Minimum Rs.7,000

    The amounts that they charge from the clients are as follows:

    • 360 per Annum for Demat AMC
    • 150 per Annum for trading AMC
    • 00312% for transaction charges
    • And a minimum of Rs.7,000 as margin money

    There are no account opening charges.

    Benefits of Karuna Financial Partner Program

    The Karuna Financial Sub-brokers program is beneficial for the sub-brokers as –

    • Their revenue-sharing services are flexible.
    • What they charge from the customer fits in economic viability.
    • It has helped build brand names, and so it is going to do for you.
    • They provide you with a strong infrastructure and an experienced team.
    • All the years that the company has been in the industry adds credibility to your name as well.
    • They provide excellent distribution and financial services.
    • Best marketing services.
    • They support and promote online trading.
    • The customer rating is all the more reason to pitch in for the services that they offer.

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