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Asit C.Mehta Vs Way2wealth Demat Account Comparison

The side-by-side comparison of Asit C.Mehta and Way2wealth Demat Account. Compare Asit C.Mehta Vs Way2wealth Demat account charges, AMC and Fees. Read Way2wealth and Asit C.Mehta demat account review.

Find out Asit C.Mehta Vs Way2wealth which is better demat account and Asit C.Mehta Vs Way2wealth which is best demat account.

Our Asit C.Mehta Investment Interrmediates Limited demat account comparison with Way2wealth Brokers Private Limited highlights the major differences between two brokers. Find the best demat between Asit C.Mehta and Way2wealth.

Asit C.Mehta Vs Way2wealth

  Asit C.Mehta Way2wealth
Way2wealth Brokers Private Limited Logo
About the Broker

Established in the year 1986, Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL) is the most trusted and reputed brokerage house known for providing investment related services in the capital market, money market and depository services in India. The company has been jointly promoted by noted stock market professionals, Mr. Asit C. Mehta and Mrs. Deena A. Mehta and is a part of Mumbai-based Nucleus Group of Companies. The other group companies are engaged in commodity, derivatives, inter-bank forex broking, development of databases, back-office applications for banks, corporate document management solutions and Geographical Information Systems (GIS).

Way2wealth Brokers Private Limited is a dynamic, well diversified and professionally managed business house which is a part of Way2wealth Group, primarily focused on Financial Services sector providing an umbrella of capital market services under one roof.

DP ID 12013200 12031500
Contact Info

Nucleus House, 3Rd Floor, Saki Vihar Road, Opp. L&T Gate No. 7, Powai Mumbai Maharashtra India-400072

3Rd Floor, Hincon House Tower-B, 247 Park, L.B.S Marg Vikhroli (W) Mumbai Maharashtra India-400083

Services Offered

Revised Tariff applicable from 01 January 2014 There are 4 tariff plans. Client must choose any plan at the time of account opening. Plan-I Invest Wise Rs 500/-, 60 free transactions for the calendar year. Plan-II Invest Lite Rs 1000/-, 150 free transactions for the calendar year. Plan-III Invest Pro Rs 2500/- , 350 free transactions for the calendar year. Plan-V Invest New Rs.250/-, 10 free transactions. Service tax and other levies will be collected in addition to plan charges as per applicable rate.

Depository Services, Broking, Wealth Management, Distribution of Mutual Funds etc

Demat Account Enquiry Request Callback Request Callback

Asit C.Mehta Vs Way2wealth Demat Account Opening Charges

  Asit C.Mehta Way2wealth
Demat Account Opening Fee

Statutory stamp Duty charges or other regulatory charges (if any) on actual

As per applicable stamp duty/ rate plus service charge

Demat Account AMC

NIL

Sch-I Rs 360 for Ind and Rs 860-Corp, Sch-II Rs 550 -Ind, Rs 1050-Corp & Sch-III : NIL (Charges to be paid upfront annually),BSDA ZERO AMC FOR STOCK VALUE UPTO 50000 & 100 AMC FOR STOCK VALUE 50001 TO 200000

Advance Deposit

NIL

Scheme-I , II & BSDA : NIL Scheme-III : Rs.2000

Asit C.Mehta Vs Way2wealth Demat Charges

  Asit C.Mehta Way2wealth
Dematerialisation Charges

NIL

Rs 40 per request for Sch-I&II and Rs 2 per Cert. Plus Rs 75 for Sch-III, Rs 2 per Cert. Plus Rs 75 for BSDA

Rematerialisation Charges

NIL

Rs 25 for every 100 securities or part thereof or Rs25 per certificate whichever is higher for Sch-I&II and Rs 25 per cert.(for every hundred securities) plus Rs 75 for Scheme-III, Rs 25 per cert.(for every hundred securities) plus Rs 75 for BSDA

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

Transaction Charges : Sell Side Rs 25 & for Off market and Inter DP trades Rs 40 (for every Trade above free trade as per plan selected by client) plus applicable rate of service tax.

Sch-I Rs 9 per txn for POA txns & Rs 18 per txn for same day & future day execution, Sch-II Nil for POA txns) & Rs 18 per txn for same day execution & Rs 9 per txn for future day execution, Sch-III 10 per debit Transfer 0.03% of transaction value, subject to minimum of Rs 25 per transaction, B SDA 50 PER DEBIT TXN FOR W2W POA & 0.03% of transaction value, subject to minimum of Rs 100 per txn for Off Mkt/Inter DP

Pledge Creation Charges

NIl

Rs 24 per txn for Sch-I &II and Sch-III : 0.02% of the value of securities Pledged, subject to minimum of Rs 50 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 50 per transaction

Pledge Creation Confirmation Charges

NIl

Sch-I&II : Rs 24 per txn, Sch-III: 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction

Pledge Invocation Charges

NIl

Rs 24 per txn for Sch-I &II and Sch-III : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction, BSDA : 0.02% of the value of securities Pledged, subject to minimum of Rs 25 per transaction

Failed Instruction Charges

NIl

Scheme-I & II : NIL Scheme-III : Rs 20, BSDA : Rs 20

Other Charges

NIl

Extra statement Rs 10 per page for Sch-I &II and Rs 15 for 1st 10 pages and thereafter Rs 2 per page for Sch-III & BSDA

Contact DP / Request A Call Back

  Asit C.Mehta Way2wealth
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  Asit C.Mehta Way2wealth
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