What is FYERS RMS policy for trading?

RMS policy on options selling OTM Strikes beyond a certain range can become extremely illiquid and can cause freak trades due to the wide bid/offer spreads. Therefore, as per our RMS policy, a restriction has been placed for option selling outside the allowed range and if you are an Index […]

Why did my order getting rejected?

If your buy/sell order placed by you is getting rejected, it could be due to one of many reasons like insufficient margin, incorrect order/product type, scrip is blocked for trading or market is closed. Click here to find common RMS order rejection Messages with reasons why they happen and possible […]

How to invest in SIPs or a lump sum?

Investing in any direct mutual fund scheme through Fyers Direct is extremely simple.  If you have a Trading and Demat account with Fyers, make sure the BSE-MF segment is active. How do I check whether BSE MF segment is enabled in my account? Login to Fyers Direct using your Fyers […]

What is the Bank Mandate?

Bank mandate is a one-time registration process that will allow you to invest with a mutual fund in a simple, convenient and paperless manner. Simply put, it is an authorization to your bank account to debit money up to a certain limit in a day to a mutual fund of […]

How do I add the BSE MF segment to my existing trading account?

If you have already opened an account with one exchange/segment and wish to add any other segment/exchange, then existing account holders can opt for a new segment by submitting the Segment Addition form. The application form which you will have to download, sign for corresponding Segment/Exchange and send it by scanning […]

What are stock indices and how are they calculated?

To gauge the movement of all the stocks at any given time is a cumbersome process for an average investor. Hence, representation has been designed which encompasses a basket of similar stocks, to indicate the trend of the market. This representation is termed as a Stock Market Index or simply, […]

Who are bulls and bears?

Bulls: Investors who are very optimistic of the future prospects of a stock/stock market and opines that the market is in an upward trend is represented as a Bull. Bears: Investors who are very pessimistic of the future prospects of the stock market in general and believes that the market […]

What is the role of CDSL and NSDL?

A depository is a holding entity, that holds all tradable instruments like shares, bonds etc in an electronic format. Regulated by SEBI, there are 2 Central Depositories in India, namely, Central Depository Services India Limited (CDSL) and National Securities Depository Limited (NSDL). Any company opting for an IPO with a size greater than […]

What is a Daily Margin Statement?

As per exchange regulations, we send the daily margin statement to every client’s registered email address. This daily margin statement is in the format prescribed by SEBI. The margin statement is sent with the intention of informing a client what his margin status is i.e the margin you require for a […]

What is a contract note (ECN)?

Contract Note is a confirmation of trades done on a particular day on behalf of the client by a trading member (stockbroker). It imposes a legally enforceable relationship between the client and the trading member with respect to purchase/sale and settlement of trades. The Contract Note has provides details as […]

What does switch mean?

Some Mutual Funds provide the investor with an option to shift his investment from one scheme to another within that fund. For this option, the fund may levy a switching fee. Switching allows the Investor to alter the allocation of their investment among the schemes in order to meet their […]

What does redemption price mean?

The redemption price is the price received on selling units of the open-ended scheme. If the fund does not levy an exit load, the redemption price will be the same as the NAV. The redemption price will be lower than the NAV in case the fund levies an exit load.

What is Entry load?

The non-refundable fee paid to the Asset Management Company at the time of purchase of mutual fund units is termed as Entry Load. Entry Load is added to the NAV (purchase price) when you are purchasing Mutual Fund units.