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.

Karuna Financial Sub Broker

Karuna Financial Services have been providing qualitative services like investment advice and related services in addition to facilitating transactions to the 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 Financial Franchise – Customer Ratings

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

Experience2.4/5
Services2.4/5
Products2.3/5
Trading Platforms2.2/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.2/5
Offers2.4/5
Market Share2.3/5
Overall Ratings2.4/5
Star Ratings★★★☆☆

An 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,  being 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 and which 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 is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersKolkata, West Bengal
FounderSanjoy Tekriwal
Established Year1995
SB Code Activation Time30 Days
Payout Time31 Days

Karuna 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.


Become a Sub Broker with Karuna Financial – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Karuna Financial Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramNo

Karuna Financial provide sub-brokership to individuals and entities who want to work along with them. The Karuna Financial Sub Brokers business model is described below –

Karuna Financial Services have the sub-broker business franchise for the brokers working under them. They provide the sub brokers with different services that are mentioned later in the article.

Karuna Financial Sub Broker / Authorised Person Model

Under this model, Karuna Financial Services provide brokers with a chance to being 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 to the trading members and act on their behalf as an agent; and are associated with only one trading member of exchange and they should be registered with SEBI. They can assist the investors with 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 FranchiseNA
Sub Broker55% – 75%
RemisierNA
Referral ProgramNA

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


Karuna Financial Franchise Cost / Security Deposit

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

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.125,000
RemisierNA
Referral ProgramNA

The security deposit to work with Karuna Financial Services for the sub-broker franchise has the minimum value of Rs.50,000 and it can go as high as up to 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 AreaNot Mandatory
Employee StrengthNot Mandatory
Research ServicesYes
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesNo

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

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

Office area and employee strength aren’t a mandatory condition 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 The Karuna Financial Capital Share Sub Broker Offers:

Zero DepositYes
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingYes
Zero Revenue Sharing with PrepaidNo

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 the flexible revenue sharing option, that is, the percentage used in the revenue sharing calculation vary according to the transaction over different periods of time.
  • They provide you with 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 10k initial deposit and zero revenue sharing with prepaid.


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Karuna Financial Franchise Support

Below table consist of various support provided by Karuna Financial Authorised Person program:

Marketing SupportYes
Back-Office SupportYes
Trading SupportYes
Advisory SupportYes
Dealing TrainingYes
Acquisition TrainingNo
Product TrainingNo

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 of Karuna Financial Brokerage charges levied to its Franchise Clients:

Equity Delivery0.36%
Equity Intraday0.04%
Equity Futures0.04%
Equity OptionsRs.36 per Lot
Currency Futures0.04%
Currency OptionsRs.36 per Lot
Commodity0.04%

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 of Karuna Financial Account opening charges levied to its Franchise Clients:

Demat AMCRs.360 per Annum
Trading AMCRs.150 per Annum
Account Opening ChargesFree
Transaction Charges0.00312%
Margin MoneyMinimum 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 with 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.

Become a Sub Broker with Karuna Financial – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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