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MyValueTrade Vs Asit C.Mehta Demat Account Comparison

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

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

Our Master Capital Services Ltd demat account comparison with Asit C.Mehta Investment Interrmediates Limited highlights the major differences between two brokers. Find the best demat between MyValueTrade and Asit C.Mehta.

MyValueTrade Vs Asit C.Mehta

  Master Capital Services Ltd Asit C.Mehta Investment Interrmediates Limited
Master Capital Services Ltd Logo
About the Broker

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

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).

DP ID 12022900 12013200
Contact Info

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

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

Services Offered

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

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.

Demat Account Enquiry Open Demat Account Online Open Demat Account Online

MyValueTrade Vs Asit C.Mehta Demat Account Opening Charges

  Master Capital Services Ltd Asit C.Mehta Investment Interrmediates Limited
Demat Account Opening Fee

Nil

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

Demat Account AMC
  • Scheme A: Nil
  • Scheme B: Rs 300 per annum
  • Scheme LF: Nil
  • Scheme BSDA: Nil
  • Scheme 800: Rs 800 per annum

NIL

Advance Deposit
  • Rs 2500 for Scheme A
  • Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
  • Rs 800 for scheme 800

NIL

MyValueTrade Vs Asit C.Mehta Demat Charges

  Master Capital Services Ltd Asit C.Mehta Investment Interrmediates Limited
Dematerialisation Charges
  • Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
  • Rs 50 per request + Rs 10 per certificate for Scheme BSDA.

NIL

Rematerialisation Charges
  • Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
  • Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.

NIL

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)
  • Rs 12 in Scheme A
  • Rs 16 in Scheme B
  • Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
  • Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
  • Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.

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.

Pledge Creation Charges
  • Rs 50 in Scheme B, LF and Scheme 800.
  • Rs 40 in Scheme A Rs 100 in Scheme BSDA.

NIl

Pledge Creation Confirmation Charges

Nil

NIl

Pledge Invocation Charges
  • Rs 20 in Scheme A
  • Rs 25 in Scheme B, LF and Scheme 800.
  • Rs 50 in Scheme BSDA

NIl

Failed Instruction Charges

Rs 20 per instruction

NIl

Other Charges
  • Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
  • Non periodic statement and other communication charged: Rs 20 per mail
  • Additional Statement of Holding/Transaction: Rs 2 per page + postage
  • In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
  • Any modification in client master will be charged @ Rs 20 per modification.

NIl

Contact DP / Request A Call Back

  Master Capital Services Ltd Asit C.Mehta Investment Interrmediates Limited
Contact broker for Demat Account related enquires:
  Master Capital Services Ltd Asit C.Mehta Investment Interrmediates Limited
Find more info about broker
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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