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Trade Smart Online Vs Asit C.Mehta Demat Account Comparison

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

Find out Trade Smart Online Vs Asit C.Mehta which is better demat account and Trade Smart Online Vs Asit C.Mehta which is best demat account.

Our Trade Smart Online demat account comparison with Asit C.Mehta Investment Interrmediates Limited highlights the major differences between two brokers. Find the best demat between Trade Smart Online and Asit C.Mehta.

Trade Smart Online Vs Asit C.Mehta

  Trade Smart Online Asit C.Mehta Investment Interrmediates Limited
Trade Smart Online Logo
About the Broker

Tradesmart Online (TSO), a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. Tradesmart online offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in India.

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 12030400 12013200
Contact Info

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

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

Services Offered

Online Stock Trading, Depository Services

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

Trade Smart Online Vs Asit C.Mehta Demat Account Opening Charges

  Trade Smart Online Asit C.Mehta Investment Interrmediates Limited
Demat Account Opening Fee

Rs 500

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

Demat Account AMC
  1. Individual Account: Rs 300 per year
  2. Corporate Account: Rs 800 per year

NIL

Advance Deposit

Nil

NIL

Trade Smart Online Vs Asit C.Mehta Demat Charges

  Trade Smart Online Asit C.Mehta Investment Interrmediates Limited
Dematerialisation Charges

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

NIL

Rematerialisation Charges

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

NIL

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

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

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 200 per scrip

NIl

Pledge Creation Confirmation Charges

Nil

NIl

Pledge Invocation Charges

Rs 200 minimum or 0.01% which ever is higher

NIl

Failed Instruction Charges

Nil

NIl

Other Charges
  • Late instruction: 0.1% scrip value
  • Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
  • Physical transaction statement: Rs 50 per BO statement plus courier charges
  • Cheque dishonour charges: Rs 200 per instance
  • Offmarket transfer (DP): Rs 25 plus service tax
  • Inter DP transfer: Rs 25 plus service tax
  • KRA Modification: Rs 35 plus service tax

NIl

Contact DP / Request A Call Back

  Trade Smart Online Asit C.Mehta Investment Interrmediates Limited
Contact broker for Demat Account related enquires:
  Trade Smart Online Asit C.Mehta Investment Interrmediates Limited
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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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