Please submit a duly filled request form available in the 'Downloads' section of our website for the change of your details.
Please submit a duly filled request form available in the 'Downloads' section of our website for the change of your details. As you add a POA, it is mandatory to take the 'SMS Alert' facility. A form is available for the same on our website.
Unlike other brokers, there is no minimum amount required to open a trading account.The only requirement being, an account with cleared funds before placing the first order.
A margin account allows you to increase your purchasing power by borrowing against the securities deposited in your account.
There is a option of account transfer in both the depositories, NSDL as well as CDSL. Beneficial owner can transfer his account from one depository to another or within the depository by opting account transfer option. To transfer account with indothai follow the steps mentioned below
Note: Transfer of account is only possible if your name and pan no. is same with both the Depository Participant.
Fill a Dematerialisation Request Form(DRF) and submit to the Depository Participant (Indothai) along with your Share Certificate.
Login related problem can arise due to following reasons
YES; Indothai offers customer service through local branch offices, local partners or franchises.
Yes. Foreign resident can open account with Indothai by full filling the below mentioned details.
Note- In case of foreign address, if address with P.O. Box No. has been submitted as Permanent and/or Correspondence address, additionally the DPs shall obtain the complete residential address of the NRI BO, under declaration at the time of opening of the account. Such BO shall give an undertaking that whenever there is a change in the residential address, the BO shall inform the DP.
Call us to close your account. There are no fees for closing an account.
Yes, it is compulsory to have demat account with us for Internet Trading
It is very simple! Just choose from below mentioned options to contact us-
Visit our website www.indothai.co.in and register yourself
Email us at email@example.com
Call us on 0731-4255815
You can trade on NSE, BSE, MCX, NCDEX and NSE CDS on single platform.
Yes, you can submit a Cheque but buying limit would be provided to your trading account once the same is cleared & confirmed by the bank.
Yes, you can modify or cancel an order any time before execution.
You can place a call to trade
No, not under any circumstances.
The performance of a particular scheme of a mutual fund is denoted by Net Asset Value (NAV). In simple words, Net Asset Value is the market value of the securities held by the scheme. The NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on any particular date.
These schemes offer tax rebates to the investors under specific provisions of the Income Tax Act, 1961 as the Government offers tax incentives for investment in specified avenues. e.g. Equity Linked Savings Schemes (ELSS). Pension schemes launched by the mutual funds also offer tax benefits.
Generally, Mutual Funds do not offer guaranteed returns to investors. Although, SEBI regulations allow Mutual Funds to offer guaranteed returns subject to the Fund meeting certain conditions, most Funds do not offer such guarantees. In case of a guaranteed return scheme, the sponsor or the AMC, guarantees a minimum level of return and makes good the difference if the actual returns are less than the guaranteed minimum. Investments in mutual funds are not guaranteed by the Government of India, the Reserve Bank of India or any other government body.
No. Mutual fund units are not insured by the government, or any government agency, and do not have any other type of insurance, unlike certain types of checking or savings accounts and certificates of deposit. There is no guarantee that when you sell your shares, you will receive what you paid for them. However, because mutual fund investments are more risky than insured investments, they generally offer potential for higher long-term returns.
All Mutual Funds are open-ended, which means that you can get your money back anytime you wish. All you need to do is fill in the detachable redemption request on the account statement and deposit it with any of our Investor Service Centers.
- Risk is an inherent aspect of every form of investment. For mutual fund investments, risks would include variability, or period-by-period fluctuations in total return. The value of the scheme's investments may be affected by factors affecting capital markets such as price and volume volatility in the stock markets, interest rates, currency exchange rates, foreign investment, changes in government policy, political, economic or other developments.
In Mutual Funds, the investments of investors are pooled to form a common investible corpus and the gain/loss to all investors during a given period are same for all investors. In the case of portfolio management schemes, the investments of a particular investor remain identifiable to him. Here the gain or loss of investors will be different from each other.
The non refundable fee paid to the Asset Management Company at the time of redemption/ transfer of units between schemes of mutual funds is termed as exit load. It is deducted from the NAV(selling price) at the time of such redemption/ transfer.
Every mutual fund has a different objective, some aim for aggressive growth, others emphasize income by investing in bonds or preferred stocks, while others maintain a balanced portfolio by investing across the stock, bond, and money markets. With so many different funds to choose from, use our mutual fund research and you will surely find a fund that will suit your investment needs.
TDS is not deducted on the sale proceeds for Resident Indians. In case of NRI's, TDS will be deducted on the sale proceeds. The TDS will deducted depending upon whether it is a short-term capital gain or long term capital gains. For short term capital gain the tax is deducted @ 33% while in case of long term capital gains it is deducted @ 11%.
Once an investor opens an account with us, he can login and start investing in a variety of ways – he can invest a lump sum amount in a new scheme, start disciplined investing with a Systematic Investment Plan (SIP), set triggers according to the behavior of the market, the value of units in a scheme, etc. An investor can easily choose the scheme he wishes to invest in, enter the amount he wishes to invest, and pay for it either through net banking, or get the amount to be automatically debited from his account every month (for SIPs) through an easy one-time bank mandate. That's it. He doesn't have to fill any forms / cheques. We'll take care of all the other formalities on behalf of the investor.
Non Resident Indians (NRIs) all over the world can invest in all the mutual fund schemes offered by all Asset Management Companies (AMCs). However, most AMCs do not allow investments from investors in USA and Canada due to regulatory restrictions. Such investors can invest in all the mutual fund schemes of L&T Investment Management Limited.
An iSIP or an internet-based SIP is a completely paperless way of setting up an SIP. In an iSIP, after you have set up the SIP, you will have to add the Asset Management Company (AMC) as a biller in your bank through internet banking. This process will need to be done for every iSIP in every scheme. The AMC will then present monthly bills to your bank. If you select the auto-pay option while adding the biller, the payment will happen automatically when the bank receives the bill.
An ECS or Electronic Clearing System is a method of transaction that is generally used by organisations for bulk payments and repetitive transactions. ECS is an older system which is now being replaced by NACH (National Automated Clearing House). ECS did not cover the entire country, and involved paperwork for registration and payment which led to delays.
The Reserve Bank of India (RBI) has set up a nodal authority for handling all electronic payments in our banking system. This authority is known as the NPCI (National Payments Corporation of India). NPCI has set up a new mandate process for handling high volume regular transactions. This mandate process is known as NACH, or the National Automated Clearing House system. This system is now all set to replace the ECS in the future.
Unit holders will have an option to switch all or part of their investment in one fund to another which is available for investment at that time. The Asset Management Company would currently not charge any fees for such switching.To process a switch, a unit holder must provide clear instructions. Such instructions may be provided by completing a form and lodging it on any business day with any of the Investor Service Centres or the office of the Registrar and Transfer Agent. The form may also be sent by post. An account statement reflecting the new holdings will be sent to the unitholder within 3 days of completion of the transaction.
The custodian is responsible for the possession, handling and safekeeping of all securities purchased by the Mutual Fund.