Ashika Group is committed to providing a one-stop solution to all your investment-related requirements. On our Dhanush platform, you can open a Demat + Trading Account for Free and complete the SIP Registration at no extra cost. For our new and seasoned traders engaged in the equity, derivatives, currency, and commodity segments, we have developed a budget pricing plan.
While our investor-centric Plan is designed to maximise your profitability, there are certain mandatory charges that you need to pay. To maintain transparency, here’s a list of all the charges involved.
** BSE TOT Charges on ‘X’,’XT’,’ Z’,’ZP’ Group is 10,000 per Crore, 1 Lac per Crore in “P” Group. **
Annual Maintenance Charges (AMC):
These are the yearly charges collected from investors for rendering services like maintaining trading and Demat accounts, providing digital trading/investing platforms, etc. It is applicable irrespective of whether you trade or invest in equity, derivatives, currency, or commodity segment.
Brokerage is the amount charged for facilitating the trade. For each intraday and delivery-based equity trade, the brokerage is charged based on the percentage of the transaction value. For the F&O trades, it is charged based on the number of lots traded.
Call & Trade Charges:
Trades placed via a phone call attract these charges. Also, when the intraday orders get auto squared-off, it attracts call & trade charges. For intraday and delivery-based equity trades it is charged as a percentage of the transaction value. In the case of F&O trades, a fixed amount based on the number of lots traded is charged.
Delayed Payment/Interest Charges (MTF):
A delay in payment of interest charges under MTF or any other sum payable shall attract this charge. It is a fixed percentage of the amount outstanding.
Online Fund Transfer Fee:
It is a nominal charge on every online fund transfer request. This flat fee is levied on every successful transaction.
Margin Requirement for F&O / Currency / Commodity Trades:
The SEBI requires traders to mandatorily maintain a minimum margin for liquidity. It is the minimum amount of capital required to enter the trade. This margin must be maintained at all times while you’re in the trade.
Physical Document Request Fee:
Most of the documents are digitised and are sent to your registered email ID. However, if you need a physical copy of any document, you can request the same by paying these charges. It involves a flat fee per document and the applicable courier charges.
Margin Pledge/Unpledge Charges:
Shares purchased under the margin trade funding facility are mandatorily required to be pledged before the end of the day as per SEBI guidelines. Such a pledge and un-pledge request attract a nominal fee per script.
Inter-settlement / Pay-in / Pay-out Charges:
For the pay-in and pay-out of stocks at the DP level, these charges are levied as a fixed amount for each script.
This is a flat fee charged for the dematerialisation of shares from physical certificate to electronic format.
For the rematerialisation of shares back to the certificate from an electronic format, remat charges are levied for each certificate along with the applicable courier charges.
Note: Some of the charges mentioned above are regulated by SEBI or Central Government, and hence, are subject to change.
Additional terms and conditions to pricing –
The process for delivery trades for commodities will be different as compared to delivery trades for equity and therefore, the charges for commodities delivery trades will be levied accordingly.
For any Derivatives Trade: to maintain 50% cash and 50% stock margin. If 50% cash is not maintained, 18% penal charges will be levied.
Any delay in payments after the payout date, delay payment charges will be charged @ 18% pa.
Any auto square-off on account of RMS breach shall also be covered under the call & trade charges.
This pricing is applicable to individual accounts only.
Disputes, if any, wil be settled under the exclusive jurisdiction of civil courts in Kolkata, West Bengal
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in the securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educational material in the form of text and videos, so as to become an informed investor.