The v-ring indenters and their configurations play a major role in the fineblanking process, directly influencing component quality and characteristics. While past studies regarding residual stresses of blanked components focused mainly on the use of a pair of v-rings, so far no efforts were undertaken to compare different v-ring setups, deducing tool design guidelines and enabling possible cost savings. Therefore, a comparative study of different v-ring indenter setups and their influence on cut surface parameters, surface hardness and induced residual stresses of the produced components was performed. The obtained results indicate a minor influence of blank holder-sided v-rings on the observed component characteristics in comparison to indenters situated on the die leading to recommendations with regard to cost-efficient tool design.