Equity trading refers to the buying and selling of equity shares of the company listed on Stock Exchange platform. These transactions involve high-risk and high return trade instruments. Along with returns, the owner of such equities is entitled to ownership rights in the company as well.
The different types of orders that can be placed are as follows:
Limit orders allow you to control the price at which you buy or sell a stock. For buy limit orders, it will be executed only at the limit price or lower, while for sell limit orders, the order will be carried out at the limit price or higher. This gives traders better control over the prices at which they buy and sell stocks.
A market order is an instruction to your broker to buy or sell stock shares, bonds, or other assets at the best available price in the current financial market. If the asset is a large-cap stock or a popular exchange-traded fund (ETF), there will be plenty of willing buyers and sellers, so you can complete the trade almost instantly at a cost close to the latest posted price.
A stop-loss order is an instruction to buy or sell stock once the price of that stock reaches a certain level. Stop-loss orders are designed to prevent investors from losing too much money on a security position. For example, setting a stop-loss at 10% below the price you paid for shares will prevent you from losing more than 10% of your investment.
A cover order is a special type of order that lets you take an intra-day position while protecting your investment against potential losses by placing two orders at the same time: a market or limit order and a stop loss order. If the trigger price is hit, the stop loss order gets executed as a market order, helping you limit your losses.
Spread order is an order that helps you make a strategy to minimize a loss on your investment. Sometimes, a simple stop loss is not effective as it does not allow the market to have its own swings. When you use spread orders, if the initial order makes a loss, you can make a profit.
A bracket order is a sophisticated intraday order that comes with a mandatory stop loss and target order. The ability to do so helps you limit your downside and lock in your profit/loss. Bracket Orders are offered in the Equity Cash, Equity F&O, Commodity F&O, and Currency F&O segments.
You can add scrip to your watch list after selecting the exchange as BSE or NSE. Once the scrip is added, you can place orders by directly pressing F1 / F2 on EXE / WEB Platform. Or by selecting the “B” / “S” option in Mobile / Web platform.
Buy / Sell options in EuTrade Mobile App
Buy / Sell options in EuTrade Web Platform https://www.eurekasec.com/Eutrade.aspx
Buy / Sell option in EuTrade EXE software
All orders placed by customers are received through Exchange certified software. These orders then pass through the Broker’s Risk Management System to check the availability of Margin in the Customer’s ledger. Once approved, they are pushed to the Exchange platform for execution containing the rate, time stamp, and client code as uploaded with the exchange.
Once the shares are purchased, the same is reflected T+2 days after the transaction.
Once the shares are sold, the same is reflected T+2 days after the transaction.
No. There are no counterparty transactions created by the broker.
In order to trade segment-wise intraday, you must have a minimum 20% margin. This margin is then allocated to your highest intraday peak position. Refer Circular Number CIRCULAR NO. 46485 OF 27/11/2020
All the mark to market calculations of clients is maintained at brokers’ end during trading hours by exchange regulation calculation rules in the certified software. They are posted to the client’s ledger by the end of the day.
All trades are time-stamped at the time of entry to the exchange system and are given a unique code. The same timestamp and unique code are given on the contract note by the broker. Based on unique code, if a client wants to verify the trade on exchange, he can enter the unique number on the Internet facility given by exchange and can verify the respective trade details.
Through mail to the client’s registered mail id
Interoperability allows trades executed on any exchange to be settled or cleared through any clearing corporation, not restricted to the exchange on which the trade was done. For example, trades executed on NSE can be settled through BSE’s Indian Clearing Corporation and vice versa.
Pending orders: You can check your pending orders as follows —
In Mobile App, click “order” at the bottom of the screen to open “Order Book” & select the “OPEN” tab on top.
Web Platform has an Order Book widget on the right side of the trading screen.
In EXE software, click “F3” on Market Watch or click ‘Order Book’ under ‘View Orders /Trade Reports’ at the top.
Executed but not delivered orders: You can check your Executed but still not been delivered orders as follows —
In Mobile App, click “order” at the bottom of the screen to open “Order Book” & select the “COMP” tab on top.
Web Platform has a Trade Book widget on the right side of the trading screen.
In EXE software, click on “F8” on Market Watch or click ‘Trade Book’ under ‘View Orders /Trade Reports’ at the top.
Please note: It takes 2 days for the shares to be delivered to your account as per exchange settlement cycle.
Delivered orders: You can check the delivered orders and all your holdings as follows
In Mobile App, click Menu—> Holding
In Web Platform, click Menu –> Trade—> Holding Book
In EXE software, click “ALT +F9” on Market Watch or click ‘View Holding’ under ‘View Orders /Trade Reports’ at the top.
Derivatives trading is the purchase and sale of derivatives. Derivatives refer to instruments whose value is based on underlying assets and they tend to fluctuate based on market conditions.
A forward contract is an agreement between two parties to buy or sell an asset at a specified price on a future date. A forward contract can be used for hedging or for speculation, although its non-standardized nature makes it particularly well-suited for hedging.
Futures contracts are legal agreements to buy or sell commodities at a predetermined price in the future. A futures contract specifies the amount and quality of the underlying asset that must be provided and received before or on the contract’s expiration date.
An options contract is an arrangement between two parties to facilitate the potential purchase or sale of an underlying security at a predetermined price, called the strike price. Buying an option gives the right to the owner, but not the obligation, to buy an asset at a predetermined price during a certain time frame.
A strike price is the price of an option contract. A call option’s strike price is where the buyer of the option can buy the underlying stock at a set price. For a put option, the strike price is where the seller can sell the underlying stock at a set price.
‘In the money’ refers to options contracts that possess intrinsic value. An option that is ITM does not necessarily mean the trader is making a profit on the trade. In-the-money options contracts have higher premiums than other options that are not ITM.
The phrase “out of the money” refers to an option that only has extrinsic value. An OTM call option will have a strike price higher than the current price of the underlying asset. Alternatively, an OTM put option has a strike price lower than the current price of the underlying asset.
At the money (ATM) options have strike prices that are identical to the current market price of the underlying security. These options are most sensitive to changes in various risk factors, including time decay and changes to implied volatility or interest rates.
The expiration date is the last day on which an option or futures contract can be used. When you buy an option, the contract gives you the right, but not the obligation, to buy or sell an asset at a predetermined price known as the strike price. This right should be exercised on or before the expiration date.
Open interest is the total number of outstanding derivative contracts, such as options or futures that have not yet been settled for a particular asset. This number provides a more accurate picture of trading activity and whether money is flowing into or out of the market.
A futures and options contract can be traded for a maximum of 3 months out. The near month, the next month, and the far month are available, except for long dated options contracts.
All of the contracts are settled in cash on a daily basis and at their respective expiration or exercise dates. All OTM and ATM options of the nearest expiration date expire worthless on that day.
The two main instruments used in Derivatives markets are-Futures and Options.
Open a trading and demat account together. To start trading in derivatives segment, maintain a minimum margin of ₹50,000.
If you’re a new customer, you need to open a 2-in-1 account.
An existing customer needs to submit the Segment Activation form, along with the most recent ITR Acknowledgement and a copy of the bank statement of the last 6 months.
Please use the link: https://kyc.eurekasecurities.net/
Through EuTrade, we have three modes of trading:
Currency trading refers to the buying and selling of derivatives based on foreign currency and exchange rates. One currency is exchanged for another in this market setup.
Futures Market: Financial contracts between a buyer and seller that obligate the buyer to purchase a currency at a predetermined price on a date in the future. These contracts are traded on Stock Exchanges.
Options Market: Financial contracts between a buyer and seller that provide the buyer with the right to purchase or sell a currency at a predetermined price, but not the obligation.
USDINR, EURINR, JPYINR, GBPINR, EURUSD, GBPUSD, USDJPY
The margin required to trade in different currency pairs is calculated to include both the SPAN margin and exposure margin.
Commodities trading refers to the trading of contracts based on prices of underlying commodities, varying from precious metals, agricultural products to industrial commodities.
Commodities, from agricultural goods to metal, are a good way for investors to diversify portfolios, trade easily, and receive stable returns even in a volatile market. The four basic categories for commodity trading are metal, energy, agriculture, and livestock.
Futures Contracts: The trading of commodities through a legal agreement for the purchase or sale of a predetermined quantity of commodities at a fixed price on a specified date in the future. Sellers profit from a downtrend in the market, while investors can stand to earn a profit from price inflation.
Options Contracts: Financial contracts between a buyer and seller that provide the buyer with the right to purchase or sell a certain quantity of a commodity at a predetermined price, but not the obligation.
Give a list of the Commodity Exchanges in India.
Mutual Funds is a collective pool of money contributed by several investors to asset management company, where professional Fund Manager manages the fund by investing it into equities, bonds, government securities, money market instruments.
As per SEBI guidelines on Categorization and Rationalization of schemes issued in October 2017, mutual fund schemes are classified as –
– Under Equity category, Large, Mid and Small cap stocks have now been defined.
– Naming convention of the schemes, especially debt schemes, as per the risk level of underlying portfolio (e.g., the erstwhile ‘Credit Opportunity Fund’ is now called “Credit Risk Fund”)
– Balanced / Hybrid funds are further categorised into conservative hybrid fund, balanced hybrid fund and aggressive hybrid fund.
You can invest in a hassle-free manner in the mutual fund using an online investment platform. The platform is a single account access which helps with investing, tracking and managing all your mutual fund investments with various AMCs.
The steps required to invest using an online investment platform are;
You do not need to make an additional effort for investing in a mutual fund if you already have a Demat account. Your existing Demat account and bank account can be used for investing and transacting in the mutual fund.
For investing in mutual fund through Demat account, you need to get MF segment activated. Next, choose the fund in which you want to invest by transferring the amount by the way of cheque or online.
Mutual Fund transactions are of two types:
Commercial transactions offered by Eureka are:
Non Commercial transactions offered by Eureka are:
Physical/cloud -You can purchase or redeem mutual funds through the MyMF app, by downloading it on your mobile phone.
Demat- Call and trade as in case of equity.
Compound interest can turn a few rupees into a sizeable amount over time. It acts as a multiplier in your investment portfolio. A great thing is that you’ll reach a point where the money saved becomes greater than the original principal amount. All you need to do is start saving early and over time your money will grow.
For example, if you invest Rs 100 with 8% interest every year, then your principal amount is Rs 100 and the earnings, at the end of the year, are Rs 8 (8% of Rs 100). However, instead of spending it, if you choose to reinvest it, then your principal amount for the next year becomes Rs 108 (Rs 100 + Rs 8) and the earnings you get are Rs 8.64 (8% of Rs 108), which are Rs 0.64 more compared to the first year.
How Compound Interest works in Investments
Consider an example to understand how the power of compounding works: Ravi invested Rs 1,00,000 as a lump sum this year. He is going to earn an interest of 12% on this investment every year. Now let’s see how much interest Ravi earns over 10 years, if he takes his interest out each year, as compared to letting the principle of compounding work for him.
Scenario 1: Ravi keeps his earned interest aside Scenario 2: Ravi reinvests his interest and lets compounding work
|Year||Principal amount||SIMPLE Interest earned (@12%p.a.)||Year||Principal amount||COMPOUND Interest earned (@12%p.a.)|
|Total interest earned Rs 1,20,000||Total interest earned Rs 2,10,584.8
|Total value of investment Rs 2,20,000
|Total value of investment Rs 3,10,584.8
You can see that by merely reinvesting the interest earned on his principal amount, Ravi manages to earn almost double the interest on his one-time investment as compared to him taking his interest out each year. This shows the power of compounding.
The way compounding works, the more you invest at a young age, the more your money works for you over time and the sooner you’ll achieve financial freedom. Hence, to invest wisely, it is important that you leverage the power of compounding and start saving & investing early.
The Systematic Investment Plan is a convenient method of investing in mutual funds. With a SIP, an investor contributes a fixed amount to a mutual fund scheme at regular intervals — usually once a week or once a month, and gets units at the prevailing NAV. This works on the principle of rupee-cost-averaging. Which basically means that you buy more units over time, ensuring you get better returns.
Eureka makes recommendations of SIPs in with Robo Advisory. Click on the link below to find out more.
Robo Advisory- Robo advisory platform in india | Robo advisory software india
These are the funds/schemes which invest in the securities of only those sectors or industries as specified in the offer documents.
The Net Asset Value (NAV) of a mutual fund is the total value of its investment in assets minus the total value of its liabilities, divided by the number of shares outstanding. NAV allows an investor to track the performance of a fund. The net asset value (NAV) is how much one share of the fund is worth. The calculation is important because it gives us an idea of the value of one share. An asset management company (AMC) that runs a mutual fund declares the net asset value (NAV) of its various schemes each business day. This also indicates the buying and redemption price of the invested units.
You may hold units in demat form; however, the default is physical or held with us in our cloud-based system.
Here are some things you should read carefully in the offer document —date of issue, minimum investment, investment objective, investment universe, investment policies, risk factors, past performance data, fees and expenses, educational qualifications and work experience of fund managers and tax benefits.
Mutual fund investments are one-time investments that can help you multiply your returns, especially in the long run. You don’t have to commit regular investments; you can just opt for a lump sum investment. Individuals can invest a significant amount in Mutual Funds. During market growth periods, the value of these investments can increase significantly because of the large initial investment.
A lump-sum investment is suitable for long-term investors. Individuals who want to invest for approximately 10 years or more can choose a lump-sum investment in a debt fund.
Generally, lump sum mode is most convenient for individuals who are investing their surplus money. However, if the investment is done in SIP mode, they need to be careful that they can invest the same at regular intervals.
When looking for higher returns from long-term investments, investors should choose to invest in a down market and in lump sums instead of systematic investment plans. If investors choose to invest in the market at its peak, they will end up losing money.
The period of time over which an investor stays invested in an investment option is called the investment horizon, and it determines the risk and income needs of the investor, as well as the securities he or she will buy. Determining the investment horizon is one of the main steps in creating a portfolio.
In case of winding up of a Mutual Fund, the unitholder is paid based on the prevailing NAV (after adjusting expenses) and is entitled to receive a report containing necessary details relating to winding up by the Mutual Fund.
Yes, gains on redemption of Mutual funds are subject to Capital Gain Tax depending on the duration the units held. STT at the applicable rate is charged on the redemption of equity-linked mutual fund schemes.
Exit load varies from scheme to scheme and is calculated based on the NAV of the scheme. It usually lies between 0.05% to 2% of the redemption value. Some funds do not charge exit load and are called ‘No Load Funds’.
While there is no penalty imposed by the AMC, the Bank will charge a fee for every SIP installment that remains unpaid. If you skip 3 installments the SIP will be terminated.
Different status of KYC are:
KYC Registered: Your records are successfully registered with the KRA.
KYC Under Process: Your KYC process is being accepted by the KRA and it is under process.
KYC On Hold: Your KYC process is on hold due to the discrepancy in the KYC documents. The documents that are incorrect need to be re-submitted.
KYC Rejected: Your KYC has been rejected by the KRA after verification of PAN with other KRAs. This means that your PAN may be available with other KRA or any discrepancy.
Not Available: Your KYC record is not available in any KRAs.
Aforementioned 5 KYC statuses can also reflect as Incomplete/Existing/Old KYC/CVLMF. Under such a status, you may need to submit fresh KYC documents to update your KYC records.
Investment can be done only under “KYC Registered-New” or “KYC Registered- modification approved” status.
Mutual Fund KYC (Know Your Customer) is a customer identification process and it is mandatory for all customers investing in mutual funds to comply with the KYC requirements, irrespective of the investment amount.
Or get in touch with our help desk for updating of KRA in our records via
Mail us at: firstname.lastname@example.org
Call us at : +91 33 66280000
If you have a Demat account with Eureka, you need to fill in a Conversion Request Form for Demat of Existing Mutual Fund Units and submit it to our office along with the latest statement of holding.
If you have a Demat account with Eureka, you need to fill in a Reconversion Request Form of Mutual Fund Units and submit it to our office.
If you have a Demat account with Eureka, you need to fill in a “Repurchase / Redemption Form – DP” and submit it to our office.
If you also have trading account with EUREKA, then you simply need to call your dealer/use the app and just sell. Settlement will be based on the type of scheme
An ETF, or exchange traded fund, is a type of security that tracks an index, sector, commodity, or other asset but trades on an open market the same way a regular stock does. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. An ETF can even be structured to track specific investment strategies.
Mutual funds and exchange-traded funds are structured differently. Mutual funds can have more complex structures that involve varying share classes and fees, while ETFs typically appeal to investors who want to track the market’s performance and invest in a single mutual fund.
Market risk- Since the returns are completely based on market factors, the impact of negative factors is quite high resulting in additional losses, if incurred.
Exposure risk- Merely because investing in ETFs diversified portfolios and opens up different market strategies, it is not advisable to go ahead with it without having professional knowledge about these investments.
Broken ETF risk- This is a situation where the asset diminishes in value and all investments made on it lose their value resulting in a loss on investment.
Liquidity Risk – All ETF’s are not liquid at all the times. Though there are mechanisms in place but a gap exists.
Index: Several securities in one go designed to replicate a specific index
Sector: Marketable investments in leading sectors such as IT, finance, pharma, etc.
Bond: Collection of tradeable bonds with different investment strategies
Equity: ETFs that focus on the shares of listed companies with high potential.
Debt: Trades made with securities of a fixed return value such as debentures.
Commodity: Gold ETF’s are very popular. SILVER ETF’s has been cleared by SEBI and expected to hit market any time now.
ETFs are available within the Equity Segment of EuTrade. However, SIPs are also available through FUND-of Fund option given by the AMC. This will be available in MYMF app.
Operating expense ratio
Commission (if applicable)
Brokerage as charged by EUREKA
Dividend Distribution Tax
Tax under Capital Gains
Security Transaction Tax
Everyone is eligible for ETF investment. All an investor must do is open a trading and Demat account to be qualified to trade in ETFs.
Following are the documents required to file returns:
Click here <link> to find the option of ‘Reactivation form’, fill and submit the same.
Click here <https://www.eurekasec.com/Downloads.aspx > to find the option of ‘Reactivation form’ and ‘CKYC -Individuals’ fill and submit the same with documents
Click here <link> to find the ‘Change Request form’, fill and submit the same.
Click here https://rekyc.eurekasecurities.net/and complete the process
A nomination is an option provided to the account holder to choose or nominate someone who may receive the proceeds and securities on the death of the account holder.
The benefit is that the securities traded by the beneficiary do not remain inactive, instead, they are transmitted and transactions may be continued or stopped altogether, but do not remain dormant.
Individuals, whether the account is held singly or jointly can make nominations.
Organizations, trusts and others non individuals do not have this power.
Nominee is not applicable in Non-Individual A/c
A minor can be a nominee but cannot nominate someone.
Yes, an account holder can appoint three persons as nominees to his/her account.
A nomination form must be filled either at the opening of the account or later. The same must be signed accompanied by the nominee and two witnesses. The form must consist of the name, address and photograph of the nominee.
No. Every account may have a nominee and not every security traded.
No one cannot make nomination for each security held in his depository account but can nominate three persons and the ratio in which the securities will be transmitted in case of death of the account holder.
Yes, by executing a fresh nomination form
The nominee will have to fill out a ‘Transmission Form’ and attach a copy of the Death certificate to it. After scrutiny, the DP will transmit the securities to the nominee’s account.
In such cases, The court will determine the legal heir of such a person and they shall receive the securities. In a situation where the securities traded are less than ₹5,00,000, then the DP may request the following:
The “Change Password” option can be found on the login screen itself.
Password must be alphanumeric – Min 8 Char,should contain upper case, lower case, numeric and one special character (eg. Tony@1231)
Password must be alphanumeric – Min 8 Char, should contain upper case, lower case, numeric and one special character (e.g. Tony@1231)
Look out for ‘Forgot password’ option on the login screen. This will take you to a page where you will be required to enter your user IDand PAN number. Submit these details. If all the details match, then you will receive an email with new login password.
Kindly wait for 5-10 minutes to receive an email. If you do not receive any mail even after 10 minutes, then immediately contact us at +91 33 66280000 and our executives will guide you.
Your user ID for My Eureka is your trading code. You will have to create your first-time password by clicking on the ‘Forgot Password’ option.
Once you log in to your My Eureka account, you will find multiple options to help you view your statements.
You can check these in your My Eureka account. Check the below menu table
Yes. You can find them on your My Eureka account under Other –> Digital Documents
Download the contract in PDF & print it usually.
EuTrade EXE = File –>Change Password
EuTradeWeb = Menu –> Your Profile —> Change Password
EuTrade App = Menu –> Settings —> Change Password
After password expiry, the system will automatically prompt you to change your password by asking you to enter both the old and new passwords.
Click on the ‘Forgot Password’ option& verify Email & PAN. Subsequently, you shall receive an email withnew credentials.
You will definitely receive an email if you have clicked on ‘Forgot Password’, within 5-10 minutes. If you still have not received an email, immediately contact us at +91 33 66280000 and one of our executives will guide you through.
No need for this question as we use OTP verification & no security Q&A.
Click “User Blocked” on the EuTrade App and input your ID, Email and PAN. It will immediately unlock your ID after verification.
For EXE & WEB, contact us at +91 33 66280000. One of our executives will send you an email containing a new login and transaction password to log in. Subsequently, you can change your password.
OTP stands for One-time password, which is sent to the customer’s registered mobile number, to help log in or for confirmation purposes.
Fill up a ‘Segment Activation’ form to enable Internet Based Trading. You can download your filled form from ‘Downloads’.
Please check, if you have received an IBT credentials in your email otherwise contact KYC or IT.
No. You must create an online trading account with Eureka.
EuTrade is Eureka’s online trading platform which provides a secured space to enable securities transactions.
You will receive an email containing details of your Login ID and password, using which you may log in for the first time. Subsequently, you can change your login details. If you have not received an email, contact us at +91 33 66280000 and one of our executives will guide you through the process.
Up to fifty scripts are recommended in a single Market Watch. You can create multiple market watches.
Contact our customer care at +91 33 6628000 and they would get in touch with the IT Department to get it done.
EuTrade offers a plethora of options such as stocks, commodities, derivatives, mutual funds, currencies, IPOs, and so on. find the list of options available on our website.
If the order is executed on the same day as the purchase/sale, it is an intraday transaction. Brokerage charges for the same will be applicable.
When you log into your account, under ‘Options’, you shall find four types of orders namely:
Choose Stop Loss Market, while placing a new order. For your order to be processed, you must quote a trigger price, which is higher than the order price. Once the market reaches the Trigger price set by you, your order of purchase/sale will be executed and a market order will be placed with the difference amount between the trigger price and the order price.
When the shares are short sold, they ought to be covered on an intraday basis. Otherwise, they’re going to enter the auction market and can be purchased on behalf of the client and delivered to the particular buyer. to hold on to the auction procedure 150% of the quantity should be blocked in your account. an equivalent is going to be reversed subject to the debit of the particular auction charges
This depends on what stage your order is in.
If your order status is pending, then you can find it in ‘Order Book’ under ‘Options’ at the top of your trading account.
If your order is executed but not delivered, you can find it under ‘Trade Book’ under ‘Options’. All delivered transactions take 2 days-time to reflect in the account.
If your order is delivered, you can find it under ‘Holdings’
Two-Factor Authentication is a security process followed by the website to ensure safety measures while logging in or carrying on online trades. It involves 2 processes:
OTP stands for One-time password, which is sent to the customer’s registered mobile number, to help log in or for confirmation purposes.
Trading is an activity that is done on a frequent basis, the buying and selling of securities. But investment focuses on a one-time purchase of a security.
A trading account is used to transact that is to buy and sell securities. A Demat account is used to hold securities.
Stocks, commodities, currencies, derivatives, SBL and few others
A bull market refers to one where the conditions are such that the prices of the securities are rising upwards, most of the time. A bear market is where the prices are mostly falling down.
You can have a bank account with any bank account of your preference
Maximum of 3 accounts can be linked
Cheque, RTGS, NEFT, UPI transfer
RTGS, NEFT, UPI transfer
Through Net Banking, RTGS, NEFT, UPI
There is an option of payout request which can be done through clientBackoffice. OR You may request your Dealer for payout.
No, cash payments are not acceptable
Yes.Cheques are acceptable mode of payment.
Any resident of India-individuals and firms as well.
You can open through online as well as offline.
For online you have to go through this link https://kyc.eurekasecurities.net/
For offline you are require to obtain Account opening Form and submit along with required documents at our office / Authorised person.
Further any queries please get in touch with our help desk for more information via
Mail us at:email@example.com
Call us at: +91 33 66280000
A copy of the following documents are necessary:
Yes. Only DematAccount can be opened In Child/ward’s name under the guardianship of parents.
2 days after all the have been submitted and approved
This will depend on what service you have opted for. The following are part of different kits:
Yes, It can be issued on request to the Customer Care team. However, certain charges may be applicable for issuing a duplicate Welcome Kit.
7 working days from the day the form has been verified
Yes, existing free holdings can be used for Initial Margin
You may use the existing account, if you for offline trading. In case of online trading with Eureka, you are required to create a new account with us.
You can either fill out a new form or contact your relationship manager and they will guide you.
This is an arrangement where the customer has the chance to sell an instrument even before its actual delivery/ receipt has been reflected in the account. Responsibility to meet the pay-in obligation lies on the customer.
Same as regular brokerage charges.
No, there is no extra charge in BTST transaction in the term of Brokerage.
Both side margin will be calculated in BTST transaction, since sale transaction EPI is not possible, so both side margin will be implemented.
You can sell all the shares previously purchased/purchased during the previous transaction.
Movement of the shares will be similar to other normal trades.
No NRI client are not permitted for BTST
After Market Order is an arrangement where investors can place orders even after the working hours of the market.
When you do this, it will take you to a window that says ‘After Market Order’.
No. Only through IBT.
Not any price. The price can be set within a variation of +/- 5% of the closing price and the end of the day.
Margin Trading funding refers to a scenario where the broker initially pays a small part of the price of securities and agrees to pay the rest on a future date. This is done in confidence with changing market factors. Margin Trading is trading with borrowed funds. It is essentially a leveraging mechanism which enables investors to take exposure in the market over and above what is possible with their own resources.
Broker undertakes to pay trade obligation on behalf of the client against the securities pledged by the client to the broker.
One needs to undertake by signing and accepting the terms & conditions by the way of agreement with EUREKA to avail the Margin Trading Funding (MTF) facility. It ensures that client is completely aware of risk & rewards of Trading in it. For more details you can contact at 033-66280000 Extension – 121
In addition to placing an order, you must now make a pledge on the stocks that you have bought. In order to comply with the revised SEBI policy, even stocks bought in MTF must be pledged. Otherwise, they will be allocated to your normal cash-market account.
In addition to placing an order, you must now make a pledge on the stocks that you have bought. In order to comply with the revised SEBI policy, even stocks bought in MTF must be pledged. Otherwise, they will be allocated to your normal cash-market account.
Your stocks held in the MTM segment will reflect as fully paid if you accept the pledge. If you do not accept the pledge, purchases made in normal cash will be considered as long positions without sufficient funds. The shares will be transferred to your Client Unpaid Securities Account (CUSA) as per policy and will be squared off on T+2+4 t or when credit coverage issue arises or when the MtoM loss hits the stipulated level, whichever is earlier.
This can be better explained with an illustration. For example lets say you have the following:
In the above scenario, the formula for calculating the MTF uploaded balance in the trading system would be a+c+d+e. In our example, the amount would be Rs.4,65,000.
The stocks funded would be uploaded as positions in the trading platform with cost price, Hence the trading platform would deduct the appropriate margin for the positions at either Flat 50% of the purchase Value or VAR+4.5 ELR or VAR + 6.5 ELR + whichever is higher depending upon the category of stocks (derivative or Non-derivative stock). Let’s assume in the above example that the margin on the funded stock of value Rs. 3,00,000 is Rs. 1,00,000.
The available MTF balance for further positions would be = 4,65,000 – 1,00,000 = 3,65,000
Required margin and leverages may vary for different stocks. See the details given below.
|Category of Stock||Initial margin and maintenance margin as set in Trading system|
|Group I stocks available for F&O Trading||VaR + 4.5 times of ELM or 50% , whichever is higher|
|Group I stocks not available for F&O Trading||VaR + 6.5 times of ELM or 50% , whichever is higher|
Normal Trading Account allows clients to purchase shares and securities, ride them for a two-plus-five days, then sell them. Liquidation is mandatory on the 7th day. But under Margin Trading facility, clients can ride the same security beyond 7 days by meeting the required margin.
No, short selling is not allowed in Margin Trading Facility.
There is no separate margin trading brokerage that is levied. The usual brokerage charged for cash delivery, cash intraday, futures and options is applicable on margin trades also. There is no separate margin trading fees or margins trading charges imposed on the customer.
When a margin call is sent, clients must meet the shortfall with the appropriate capital within two days. If there is still a shortfall, Navia will liquidate/sell funded and collateral shares.
You need to send a special request to us mentioning the Exchange in which the beneficiary is to be parked as Collateral. We’ll transfer the beneficiary to that account, but we need you to sell the stocks in your normal account first. We’ll move equivalent amounts of stock into your MTF account.
In order to transfer position to MTF, you need to sell stock in Normal account and buy in MTF product. You can do intraday sell / purchase in the same exchange. Prior to this, you need to transfer enough collateral in MTF.
You can keep the debit under MTF as long as it is supported by sufficient collateral subject to the terms and conditions.
The differentiating factor is that, under manual trading, you must choose the type of order before placing your order every single time. But once you choose a specific preference and lock it in, it converts into automatic margin trading and your orders will be taken care of.
Once we receive the agreement and is found ok in all respect,It will take one working day to switch from manual to automatic Margin Trading Funding
There is no penalty is applicable if a sufficient margin is maintainedbut 15% interest will be levied on M2M debit calculated on daily basis and debited your ledger weekly.
If the invested stock / securities take a nosedive from purchase cost, there will be huge loss and also need to pay back margin loan you took out and plus interest.
Charges are applicable as per normal Transactions executed in exchanges which are containing in contract note. in addition to this there is an intereston marging funding @15% p.a.
No, margin trading funding is only applicable to the Equity segment.
An NRI can open a Demat account with a DP who is registered with either CSDL or NSDL. Eureka is a registered DP with both CSDL and NSDL.
The Securities Lending and Borrowing (SLB) system enables traders to borrow securities that have been sold short in order to settle their debts. The SLB system is overseen by the clearing corporation of a stock exchange and is designed to offer a safe and secure way for investors to lend out the securities that they have purchased. For securities lending and borrowing system, clearing corporations/clearing house of the stock exchange would be the nodal agency and would be registered as the “Approved Intermediaries” (AIs) under the Securities Lending Scheme, 1997.
Only securities in the F&O segment are eligible for SLB.
Under SLB, securities can be borrowed for a tenure of up to 12 months. The fixed settlement dates are the first Thursday of the respective month and the date is displayed on the SLB trading screen at the time of order entry.
The rate of interest for SLB is dependent on the stock’s value on that day and is generally calculated on a per month basis.
Shares are borrowed by traders for the purpose of short selling it in the market. When an investor has a negative view on the stock, he/she borrows it through SLBM and sells it and later buys them back when price falls.
Long term investors who own a large number of shares and are not planning to sell them in the near future lend their shares through SLB Scheme. This gives long-term investors an opportunity to earn additional income.
The features of SLBM scheme are as follows:
SEBI permits all categories of investors i.e. retail and institutional to participate in SLBM.
NSCCL acts as a central counterparty in the SLB Scheme providing financial settlement guarantee.
The settlement cycle for SLB transactions shall be on T+1 basis. The settlement of lending and borrowing transactions shall be independent of normal market settlement. The settlement of the lending and borrowing transactions shall be done on a gross basis at the level of the clients i.e. no netting of transactions at any level will be permitted.
Recommendations for when to borrow and lend
Low brokerage costs on each transaction
Timely and efficient communication
Innovative methods to maximize investments
Securities in the F&O segment are available for lending and borrowing.
Presently, there are no regulatory charges applicable. But there may be processing charges if transacted from a Demat account.
Selling is not the same as lending, therefore there is no tax applicable on borrowing/lending.
Margin for Borrowers : In case of borrower only the lending fee is levied upfront as margin and 100% of the Lending price is levied as margin on the Participants for borrow transactions starting from T+1 day till the shares are returned by the borrower.
Margin for Lenders : In case of lender, 25% of the lending price (T-1 cash market closing price) and Mark to market (MTM) at end of day are charged to the lender. These margins are not applicable to lender in case if lender does Early Pay-in of securities. Lending price refers to the previous day closing price of the security in the capital market segment i.e. T-1 day closing price in the capital market segment. 25% of the lending price is levied as margin on the Participants for lend transactions on T day. This is released on completion of pay-in of T+1 settlement.
Risk : NSCCL acts as a central counterparty providing financial settlement guarantee for SLB transactions. NSCCL has a robust risk management system and collects adequate margins from participants to cover counterparty risks.
Contact us at +91 33 66280000 and one of our executives will guide you through.
NRE stands for Non Resident External Account and NRO stands for Non Resident Ordinary accounts. These are account options available for Non Residents of India.
NRO account (in case of non-repatriation)
An NRI can open a Demat account with a DP who is registered with either CSDL or NSDL. Eureka is a registered DP with both CSDL and NSDL.
One. under Portfolio Investment Scheme (PIS)
Your PIS account
You can become a customer of Eureka by opening a Demat account through our website. You shall find a form for the same under ‘Downloads’.
One photocopy of the following documents is necessary:
Call us at +91 33 66280000 and one of our executives will guide you through
Four working days
Corporate Fixed Deposit schemes work similarly to a consumer fixed deposit. When you invest in a company’s fixed deposit scheme for a certain fixed tenure, you earn a comparatively higher return.
Contact your relationship manager and find out what suits your requisites. After finalising the type of scheme that fits your funds and tenure, we will go ahead and confirm your FD along with KYC requisites.
The interest income earned from the FDs are taxed under Income from Other Sources.
Eureka distributes FDs of HDFC Ltd, PNB Housing Finance Ltd, Mahindra Finance and Shriram Unnati on a selection basis and other FDs are also distributed on a request basis.
Sovereign Gold Bonds (SGB) are government-issued securities denominated in grams of gold. It is the best alternative of investment in physical gold.
SGB is issued by RBI on behalf of Government of India.
Persons resident in India as defined under Foreign Exchange Management Act, 1999 are eligible to invest in SGB. Eligible investors include individuals, HUFs, trusts, universities and charitable institutions. Individual investors with subsequent change in residential status from resident to non-resident may continue to hold SGB till early redemption/maturity.
You are required to transfer funds to your trading account or clear credit should be maintain in Trading account at the time of Investment and mail to firstname.lastname@example.org from registered mail id or call your Dealer / RM to place the order.
The minimum limit is 1gram of gold. The maximum limit of subscription shall be 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF), and 20 kg for trusts and similar entities notified by the government from time to time
The Bond bears interest at the rate of 2.50 per cent (fixed rate) per annum on the amount of initial investment. Interest will be credited semi-annually to the bank account of the investor and the last interest will be payable on maturity along with the principal.
Yes, a minor can invest in SGB through his/her guardian.
No, NRIs are not allowed to invest in SGB.
You can transfer funds by the ways of cheque (The offer price would be without discount) or transfer through online (The offer price would be with discount)
In both the cases Payment in advance.
On maturity, the redemption proceeds will be equivalent to the prevailing market value of grams of gold originally invested in Indian Rupees. The redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewelers Association Limited.
Initial Public Offering refers to the issue of shares by a company for the first time in the primary market.
UPI means Unified Payments Interface. It is an instant payment system on the mobile platform. It offers inter-bank transfers between any two persons’ bank accounts i.e. sending or receiving money in real-time among banks in India. In addition, UPI also allows blocking money for special purposes like IPO applications.
In late 2018, SEBI permitted UPI as an alternative payment option for retail investors (up to Rs. 2 Lakh) to invest in IPO.
You can view the transaction till the closure of the issue through the link https://bp.eurekasecurities.net/eipo/home
No. Once orders have been placed, they cannot be modified.
After completion of the application process through our portal, you will get the status. Please follow the link https://bp.eurekasecurities.net/eipo/home till the closure of the issue. However, you will get the mail confirmation from exchange to your registered mail id.
People can get allotment details through the registrars’ dedicated websites, or they can receive a mail asking to register their details.
Clients can find out about new IPO issues available, via:
3. MyEureka Portal
It can be found on the website of SEBI and the corresponding BRLM website. Alternatively, for reference, you can visit any of our branches.
Call& Trade is a facility to call the dealers and place the orders over phone, provided to those clients who are having trouble in placing their orders using EuTrade app (mobile, web or EXE) and are unable to access a desktop/laptop. A client can place the order over a call.
Each investor will be assigned a , you may contact your broker to place orders. Besides this, you can always contact us at +91 33 66280000 and one of our executives will guide you.
Each investor will be assigned a Dealer, you may contact your Dealer to place orders. Besides this, you can always contact us at +91 33 66280000 and one of our executives will guide you through concern
Yes.Every call would be recorded.
All scrips except Penny stocks and Suspended scrips can be traded.
Trading in suspended scrips is not allowed in Eureka, hence one can neither place order nor cancel it.
Orders in other than suspended scrips can be modified or cancelled.
Yes, AMO and Post-Closing order can be placed through Call and Trade.
No charges are levied.
Yes. It can be addressed to Call & Trade dealer or customer care at 033-66280000
No, It can be done only through Dealer.
The National Pension Scheme or NPS is a government backed voluntary saving scheme that aims at inculcating saving habits for retirement amongst the citizens along with TAX Saving Benefits.
It is designed to encourage systematic saving during the subscriber’s working life with an aim to offer old-age income or fixed retirement income. The government has designed the NPS to enable systematic savings during a subscriber’s working life. The system aims to provide adequate retirement income to every Indian worker with a minimum annual contribution of Rs. 6000/-.
Any individual citizen of India (both resident and Non-resident) in the age group of 18-65 years (as on the date of submission of NPS application) can join NPS.
No, opening multiple NPS accounts for an individual is not allowed under NPS.
No, NPS account can be opened only in individual capacity and cannot be opened or operated jointly or for and on behalf of HUF
The following documents need to be submitted for opening of a NPS account:
Upon successful enrolment, a Permanent Retirement Account Number (PRAN) is allotted to the subscriber under NPS. Once the PRAN is generated, an email alert as well as a SMS alert is sent to the registered email ID and mobile number of the subscriber by NSDL-CRA (Central Record Keeping Agency).Subscriber contributes periodically and regularly towards NPS during the working life to create the corpus for retirement. On retirement or exit from the scheme, the Corpus is made available to the Subscriber with the mandate that some portion of the Corpus must be invested in to Annuity to provide a monthly pension post retirement or exit from the scheme.
A Subscriber is required to make initial contribution (minimum of Rs. 500 for Tier I and a minimum of Rs. 1000 for Tier II) at the time of registration.
Over and above the mandated limit of a minimum of one contribution in Tier I, a Subscriber may decide on the frequency of the contributions across the year as per his / her convenience.
The NPS offers two approaches to invest subscriber’s money:
This option will be available only if you have opted for ‘Active choice’ while opening the account.
Yes, you can increase or decrease by maintaining with prescribed minimum contribution
You may apply online through this link
Open an account by filling in a single pager form. You may take the help from our sales representative to get the account open.
Every account holder can access their personal and investment details through the link: https://cra-nsdl.com/CRA/
*** For subsequent subscription you may go through this link for online payment https://mynps.nsdl.com/myNPS/InitialExistingUser.html?appType=main&authId=cGYwQ2syMFVJV1hIVzlwUHQyWFpTQT09
The Debt Market is the market where debt instruments are traded.
In simple words market where fixed income securities of various types and features are issued and traded.
A debt instrument is a fixed income asset that legally obligates the debtor to provide the lender interest and principal payment.
Bonds are loans in which the borrower owes the lender a set amount of money. The loan must be repaid with interest and the original principal at a set time in the future.
A government bond is a bond issued by a national government and backed by taxes. Corporate bonds are issued by corporations and backed by the company’s assets. While government bonds offer lower interest rates, corporate bonds are riskier investments but can yield higher returns.
Bonds can be a good investment for regular income and higher returns than traditional deposit accounts. They are less volatile than stocks, so investors get more stability. If the company has to liquidate, bondholders usually have priority over stockholders in a company’s capital structure and are more likely to receive payment. Also, payments on some bonds may be tax-free.
Investing in bonds involves taking a risk that the bond issuer will not be able to make promised payments and hence default. If inflation rises, the purchasing power of a bond’s coupon and principal will be reduced.
Interest rate and maturities are directly proportional to each other. The longer a bond’s maturity, the greater the risk of price fluctuations, and so the higher the interest rate.
Eureka distributes bonds such as tax-free bonds, non-convertible debentures (secured and unsecured) and perpetual bonds.
Coupon: This is the interest rate paid by the bond. In most cases, it won’t change after the bond is issued.
Yield: This is a measure of interest that takes into account the bond’s fluctuating changes in value. There are different ways to measure yield, but the simplest is the coupon of the bond divided by the current price.
Face value: This is the amount the bond is worth when it’s issued, also known as “par” value. Most bonds have a face value of Rs. 1000
Price: This is the amount the bond would currently cost on the secondary market. Several factors play into a bond’s current price, but one of the biggest is how favorable its coupon is compared with other similar bonds.
There are 2 main types of debt markets in India- Primary markets and Secondary markets
Fixed income securities are financial instruments where the return on such income is fixed and periodical, meaning, even if there is a fall in the face value of the instruments, the return on investment is fixed and will be received by the investor, periodically. Investing in these instruments would generate a guaranteed return with almost no risk of ‘low returns’
Major risk involved in debt market trading are:
By market factors, supply and demand, underlying assets, etc.
Eureka distributes these instruments:
A depository is an institution that holds shares, mutual funds, stocks, and similar instruments in electronic form at the request of the customer.
You may open a demat account with us online seamlessly by using the https://kyc.eurekasecurities.net/
Keep the following documents handy while opening a demat account online:
Account opening is completely free.
Annual Maintenance charges is to be borne by the account holder.
No minimum balance of securities. However, a yearly AMC is charged.
There is no numeric limit on the number of accounts a person wishes to hold.
Yes. You can change the details of the bank a/c. You are required to submit the BANK CHANGE REQUISITION along with the Latest Bank statement or cheque leaf (Name to be printed thereon), In turn we will verify the documents and signature with our records once it is found correct in all respect, the changes would get updated.
No. Separate accounts must be held for individually held securities and jointly held securities.
In such cases, what can be done is the spouses can jointly open one Demat account. Shareholder requires to submit Transposition Form along with the DRF. The DRF should be filled in the sequence of names as per Demat Account and the Transposition Form to be filled in sequence of names as appearing in Physical Certificate.
Yes, when the account holder authorizes any person through Power of Attorney, then the person so authorized (Power of Attorney holder) can operate the account. But this Power of Attorney holder cannot make any changes in the personal details of the holder as mentioned in the account.
No. One cannot add or delete the holders from the account.
One has to fill a “CKYC Form” for any changes in their Personal details like Address, Email Id and Mobile Number.
The form available under the ‘Downloads’ option (https://www.eurekasec.com/Downloads.aspx )
can be collected from any of our branches. Along with the form, submit documentary proof.
Valid address proof- Aadhar, Driving license, Passport or Voter Id.
Yes, one can close his/her demat account with one DP and transfer securities to new demat account by submitting “Closure Form” along with the client master of new demat account.
Dematerialization refers to conversion of securities from paper form to electronic form.
After submitting the dematerialization form to Eureka along with original share certificate, we process and send the same to the Registrar and Transfer Agent (RTA) of the company. RTA checks the authenticity and matches the details with their records. Post confirmation physical shares are dematerialized and shares are credited in the demat account of the holder. The whole process usually takes 31 working days.
In case of death of one or more of the holders of a joint account, the surviving members needs to submit ‘Transmission’ form along with a notarized death certificate.
Yes, one can convert any physical financial instrument into dematerialized form.
After selling of securities through the Exchange platform, a client must submit a physical DIS slip to the DP before the pay-in deadline, where it is processed, and the securities are delivered.
*Clients opting POA with Eureka does not need to comply with this process.
After purchasing the securities through the Exchange platform and meeting the pay-in obligation, securities purchased will be automatically credit to the demat account of the buyer in T+2 day settlement cycle.
Any purchase of securities through Eureka, will be automatically delivered to respective DP account (i.e., in dematerialised form) of the client.
Securities will be credited to the demat account on T+2 settlement.
Yes, through Re-materialization of Securities, one can convert his/her holding back into physical form. The process is like that of dematerialization of securities and takes 31 days.
The investor will receive the dividend/ interest directly to your bank account from the RTA.
Bonuses and non-cash entitlements will be directly credited into the customer’s Demat account.
Confirmation can be given in one of two ways:
Firstly, both the pledgor and pledgee must have their own Demat accounts. Once this is done, the pledgor must initiate the process by submitting details of the securities wished to be pledged. The pledgee must confirm the same through the DP. Once confirmation is given, the securities is be pledged and blocked in the system.
After the loan is paid off, you may contact your DP to close the pledge. At the same time, the pledgee will also instruct his DP to close the pledge.
Insurance is a tool used to protect people/commodities from contingent events that may result in loss. It is used to hedge losses. The different types of insurance are:
There is no eligibility they are the customers choices as per policy / Product.
Nomination is the choosing of a person who will receive funds in case the event insured against takes place. A nominee is a person who is chosen to receive the fund.
A Free-look period is a time period given to an insurance holder to decide whether they want to go ahead with the existing policy or not. This option is available only in cases of life insurance.
The terms of maturity depend on the policy opted.
A Demat account (Dematerialised account) is an account used to hold financial instruments in an electronic form.
You can open an account at Eureka in one of the following ways
No you cannot open a Demat account directly with the depository. You have to open an account through a Depository Participantwho is registered with any of the two Depositories in India – NSDL and CDSL.
Yes, one can have multiple Demataccounts across Depositories and Depository Participants.
A demat account holder can get all his demat account mapped with the trading account, but the account tagged as primary will be default account for Auto-pay-in facility.
Both Registered as well Unregistered Trust can open Demat Account.
There is no account opening charges but you are required to pay the Annual Maintenance charges upfront as per scheme opted for
There are two ways to transfer shares one is online and another is off-line
Online – Shares can be transferred through Speed-e to registered broker only. This facility is available only in case of On-market Delivery towards the Pay-In Obligation.
Off-line – For Offline transfer one has to submit physical Delivery Instruction Slip(DIS) before 4:00 pm for same day execution. By using DIS one can transfer shares both On Market and Off Market.
One cannot transfer shares from third party account to his/her demat account. Only the Account holder can transfer shares from his account to the other party account.
A letter from your partner bank stating that you are eligible to complete the required transaction is applicable for proof of funds.
You are required to submit the DRF Form along with original physical certificate/s. In turn we will process at our end and sent to respective Registrar /ShareTransfer Agent for verification. Once it is verified and approvedwith company’s records the registrar /Share Transfer Agent give the credit shares electronically to respective DP account holder.
A trading account is one which facilitates one to perform transactions like buying and selling of securities. It bridges the gap between the bank account and the Demat account.
You can open an account with Eureka both through the online mode as well as physical mode. For opening an account digitally go to https://kyc.eurekasecurities.net/ and complete the full process.
For offline you are required to submit the application form along with required documents at our office / Authorized person.
There has been a change and client can trade after 24 hours.. Please confirm from KYC Team.
All listed and regulated securities can be traded.
In Equity Segment minimum 20% upfront margin required for trading on T Day if any additional margin required from exchange, it has to be paid within T+2 days an MTM debit should be paid on T+2.
In all Derivative Segment upfront (SPAN Margin + Exposure Margin) + Delivery Margin/Tender Margin (if implemented by Exchange) required on T Day, MTM Debit required on T+1 basis.
A pattern day trader is the designation of a person who successfully goes through four or more day trades through a five day margin.
This refers to a time period when the investor’s securities cannot be accessed.
Entity trading account refers to one which is authorised to be controlled by a legal entity, on behalf of a company or organisation.
The difference lies on the point as to who is the beneficiary.
Trade margin excess refers to the excess funds after the purchase for the day has been made. These funds can be used to make subsequent purchases.
A two-in-one stock trading account is a product provided by Eureka, which links your trading account to your Demat account, so that the transactions are reflected in both accounts in real time.
The key differentiator is that a Demat account stores all your securities in an electronic format whereas your trading account helps you with the transaction part of the process, such as buying and selling of securities.
This account functions as a single platform for investment trading, with maximum security. The working process is similar to that of a trading account, but enables you to participate more actively with security precautions in place.
For margin pledge, you are required to initiate pledge through our portal <https://bo1.eurekasecurities.net/WebClient/Ledger/PledgeRequest.cfm>
You may ask your Relationship manager / branch manager / Dealer to initiate the pledge for margin and after that you will be sent link to your registered mobile number and email id for authorization of pledge transaction. You need to go to the link, select the securities which are to be pledged and then confirm via entering OTP sent on email and as SMS.
There is no such requirement of start-up capital. Only upfront margin is required as per segment.
Registered clients of Eureka who are interested in services.
Eureka offers you free research recommendations. All you have to do after opening your account is subscribe to the research emails.
Portfolio Management is the process of managing investment portfolio of the customer according to their appetite of risk and returns and help in meeting their long term financial goals.Portfolio management involves selecting and overseeing a selection of investments that will meet long-term financial goals. Active portfolio management requires strategically buying and selling stocks and other assets in an effort to beat the broader market.
Contact us at +91 33 66280000 or write to us at email@example.com and one of our executives will guide you through the process
PMS charges depend upon schemes opted for and having different ranges:
Upfront Fee – Nil
Management fee – 1% to 1.5%
Performance fee – 10% on profit from Investment in range of above 12% to 20%
20% on profit from Investment in range of above 20%
Other Charges – Actual brokerage on Trade + DP Charges + applicable statutory charges