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 […]
If you have a Trading and Demat account with us, you can verify the BSE-MF segment is active by logging into the My Account (Backoffice) Dashboard. If BSE MF segment is not enabled in your account, you may need to add this segment. Refer to this article – How do […]
Transferring funds using UPI is quite simple, we have described the steps involved in the process below. Also, the process remains the same for the mobile App. Step 1. Go to “Fund Transfer” tab on FYERS Web/Market app to arrive at the below page. Step 2. Click on Add Funds. […]
We have released FYERS API Bridge Advanced Extension for TradingView platform with few updates. Installation For the latest version of TradingView Extension, click Help from the top menu of FYERS APIBridge. Then go to Jump Start setup and follow instructions to integrate TradingView. Note: This extension is meant only for […]
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, […]
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 […]
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 […]
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.
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 […]
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 […]
In case of winding up of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unitholders are entitled to receive a report on winding up from the mutual funds which give all necessary details.
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 […]
The repurchase price is the price at which a close-ended scheme repurchases its units. Repurchase can either be at NAV or can have an exit load.
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.
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.
Expense ratio represents the annual fund operating expenses of a scheme, expressed as a percentage of the fund‟s daily net assets. Operating expenses of a scheme are administration, management, advertising related expenses, etc. An expense ratio of 1% per annum means that each year 1% of the fund‟s total assets […]
Equity Linked Savings Schemes (ELSS) under section 80C of the Income Tax Act, 1961. These schemes are growth-oriented and invest pre-dominantly in equities. Their growth opportunities and risks associated are like any equity-oriented scheme. ELSS can be invested using both SIP (Systematic Investment Plan) and lump sums investment options There […]
The details will be communicated to you within 3 days from the date of transaction (T + 3 days).
No. It differs from one scheme to another.
The fee paid to the Asset Management Company at the time of either redemption or transfer of units from one scheme to another is termed as exit load. This fee is deducted from the NAV at the time of redemption/transfer of units.