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Choice Sub Broker - Benefits of a Stock Broking Franchise

Stock Broking franchise means being a sub broker. The lull in 2020 saw a renewed interest in the stock market. Although, investors have always been trading and investing in the stock market, 2020 was quite a tipping point in terms of the number of people joined and invested in the market. There are tremendous opportunity as a large population of India is till underserved. The industry has certainly changed over the years. Technological advancements have led to digitization of most of the services that were previously paper-based. App based transactions are very quick and popular, you can have your account opened in 10 mins and be trading in the next 10! In this article, we will look at the Sub broker and what are the benefits of being one, Who is a Sub broker? If the broker is a parent organization then the sub broker is the one promoting the broker’s essential service offerings. The sub broker is sort of an intermediary between the customer and the broker. The stock broker is an inter...
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Benefits of Opening Demat Account with Full Service Stock Brokers

Firstly, we must see the difference between Full-service and Discount brokers, Full - Service Broker : Provides all finance-related services under one roof. Discount Broker : Provides a trading platform. Below are the key differences between Full - Service Broker and Discount Broker,   Full-Service Broker Discount Broker Brokerage Typically charges a percentage of trade value as brokerage. May offer lower percentages to high volume traders.  Discount as in Flat fee for a trade as Brokerage. Brokerage Charges 0.25% - 0.75% (Approximate) Generally ₹10- ₹20 per order. Services Broking Services, Research, Wealth Management, PMS, Depository services etc. Trading Platform. Suitable for Traders and Investors who’d like specialized research or guidance regarding investments. Good for traders who use their own research for trading....
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Documents Required for Opening Demat Account in Choice Broking

Demat is a type of bank account except in a Demat you transact in stocks and securities. The procedure is also the same as opening a bank account. Open a free Demat account with Choice Broking online which is paperless and with the required documents handy, opening the account does not take more than a few minutes. We will, however, look at the list of documents in detail for the prep-up, below is an exhaustive list, Proof of Identity (POI) (Eg.: PAN Card or Driving license) Proof of Address (POA) (Eg.: AAdhar or Passport) Proof of Income (For trading in derivatives such as F&O) (Eg.: 6 months Bank statement or Copy of ITR Acknowledgement) Proof of Bank Account (Eg.: Cancelled cheque) PAN Card 1 to 3 passport size photographs List of Documents Acceptable as Proof of Identity: PAN card with a valid photograph. Aadhaar / Passport/ Voter ID card / driving license) Central/State Government or its departments issued Identity Cards. IDs issued by Professional Bodies ...
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Location: India
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Brokerage Calculator : What Is It and How Can It Help Investors?

The brokerage calculator as the name suggests is a tool to calculate the brokerage charges which will be applicable to the trader/investor. This means that the Brokerage calculator is an invaluable tool for traders to have. Since trading and investing is a dynamic process where opportunity with the right timing makes the difference between a profitable trade and a losing one, it is essential that the tool i.e. brokerage calculator be one that is easy to use and quick. It needs to be accurate and clear as well. Most companies offer brokerage calculators as a service addition and is usually free so the trader can get the brokerage amount at high fingertips. It also takes the minute task of segregating brokerages for equities or commodities, intraday or delivery from the broker and just provides the information conveniently. One of the best brokerage calculators on the market is Jiffy’s Brokerage calculator . Jiffy’s Brokerage calculator is simple and effective. The brokerage is ...
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Top 5 Large Cap Mutual Funds

Mirae Asset Large Cap Fund Growth The AMC Mirae Asset Mutual Fund is a global asset manager bringing its expertise to India. Mirae Asset AMC is known for its innovative solutions and sharp fund management. Mirae Asset has presence in over 14 countries with USD 135 billion of assets under management. Investment Objectives Invest 80% in Large Cap stocks (top 100 companies by market capitalization) Flexible enough to invest across sectors or themes Participate in high quality businesses Companies with sustainable competitive advantage Fund Manager The fund is managed by the capable Mr. Gaurav Misra who holds an MBS from IIM Lucknow and BA Economics (Hons) from St.Stephens College. Takeaways Aimed at long term wealth creation Ideal investment horizon of 3 years or more  Combination of consistency of Large caps (80%) and midcaps (20%) The Fund The fund is an open ended equity scheme predominantly investing across large cap stocks. It has a moderately high ris...
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Top 5 Index Mutual funds

Franklin India Index Fund - NSE Nifty Plan Growth The AMC Franklin Templeton India is part of the Franklin Templeton Investments, an American asset management company with operations across the globe. The India office was setup in 1996. Investment objective Invests in the same companies that make the Nifty 50 Large and established businesses Fund Manager The fund is managed by Mr. Varun Sharma who currently is the senior research analyst in Franklin Templeton Asset Management. Takeaways Long Term capital appreciation Passively Managed Index fund Ideal for first time equity investors The Fund Is an equity fund which invests in companies that make up the Nifty 50 Checkout the complete fund page here: https://investica.com/mf/scheme/franklin-india-index-fund-nse-nifty-plan-growth-14051553-2066 IDBI Nifty Index Fund Growth The AMC IDBI Asset Management Ltd is a wholly owned subsidiary of IDBI Bank and was incorporated under the companies act, 1956 on 25th Ja...
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Top 5 Liquid Funds

Aditya Birla Sun Life Liquid Fund Growth The AMC ABSLAMC or Aditya Birla Sun Life AMC is the mutual fund part of Aditya Birla Capital Limited (Ltd) which is the financial services arm of the diverse Aditya Birla Group. ABCL provides a range of investment and financial solutions to suit varied needs of the modern investor. ABCL has a huge presence across India with Rs.3000 Billion of assets under management (AUM as of December 31st, 2019) Aditya Birla Group is a USD 48.3 Billion multinational conglomerate with over 1,20,000 employees and operating in 36 countries across the globe.  Investment Principles Safety with higher liquidity Prevent capital erosion Observe investing discipline Fund Manager The Fund is managed by Mr. Kaustubh Gupta who is a senior fund manager at ABCLAMC with an extensive experience of 14 years. He is a qualified Chartered Accountant and CFA (Level 2) Takeaways This fund is for investors who are interested in: Sh...
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