Frequently Asked Questions

You can open a DEMAT Account online. It is a simple and straightforward process. All you need to do is fill out the KYC form and submit scanned copies of all the required documents. Next, your details and documents will be verified. If everything is in order, your account will be approved, and you will receive a Beneficiary Owner Identity (BOID).

Having a DEMAT account allows easy transfer of shares—whether you are buying, selling or gifting them. Receiving dividends, bonus shares or rights entitlement (RE) shares are also easier as companies directly deposit them to your Account—reducing paperwork. A DEMAT Account also makes it easier for you to avail loans against securities you hold. Depositories, who handle DEMAT accounts, also allow you to freeze your account, which may come in handy when you want to stop any unwanted transactions.

You can open DEMAT account online on the m.Stock portal. You can also open a trading account online. Simply fill our online form and provide your contact details, and we will take it from there.

The process to open a DEMAT Account is relatively simple! All you need to do is fill a simple KYC form, submit a handful of documents and complete a short verification process. Finish these 3 simple steps, and the procedure to open DEMAT Account will be complete. Then, if all your details and documents are submitted correctly, you will receive your login credentials within just 12 to 24 hours.

There are several features and benefits of a DEMAT Account. Firstly, it allows easy holding and tracking of all your investments. It also lowers the risk of loss, damage or theft otherwise associated with physical certificates. A DEMAT account also allows for the buying and selling of odd lots—for example fractional shares—which is not possible with physical certificates. Apart from listed stocks, your DEMAT account can also hold shares of unlisted companies, bonds, units of mutual fund and Exchange Traded Funds (ETFs).

There are 3 different types of DEMAT Accounts: regular, repatriable and non-repatriable. Only Resident Indians can open a regular DEMAT Account. A repatriable DEMAT Account allows Non Resident Indians (NRI) investors to transfer funds overseas. This requires a Non Resident External (NRE) bank account, which is used to transfer foreign earnings to India, linked to it. A non-repatriable DEMAT Account can be used by NRIs who do not wish to transfer funds overseas. An Non Resident Ordinary (NRO) bank account, which is used to manage the income earned in India, is required to be linked with a non-repatriable DEMAT account.

The list of documents required to open a DEMAT Account is a basic one. You essentially need the following to open your DEMAT account:

Identity Proof: A copy of your PAN Card.

Address Proof: You may submit any one of the documents listed below.

  • Voter's ID
  • Driver's License
  • Passport
  • Aadhaar Card

Income Proof: You must submit

  • A copy of your passbook
  • Bank account statements for the last 6 months
  • Latest salary slips
  • Filed Income tax returns

To open a DEMAT account, you need to fill out a Know your Customer (KYC) form. It's a simple form that requires basic information such as your name, address, contact and banking details, You may also have to provide a power of attorney to your broker to trade shares on your behalf; though, this is optional. Customers are also required to provide supporting documents such as proof of residence/identity along with a PAN card, and other documents such as proof of income if the investor wants to access segments such as futures and options.

DEMAT Account opening charges of INR 999 are chargeable when you open an account via m.Stock and start your online trading journey with lifetime zero brokerage charges, applicable on all your trades. You can open an account and begin trading with complete ease.

With Mirae Asset's state-of-the-art online account opening facilities, the time taken to open a DEMAT Account has significantly reduced. We offer instant onboarding facilities, and you can open your account in under 5 minutes**.

At Mirae Asset, when you open your account with us we levy DEMAT Account opening charges of INR 999 with lifetime zero brokerage charges on all your trades.

The process of how to operate a DEMAT Account is quite similar to operating a Savings Account. Only, instead of holding cash, the DEMAT Account holds your stocks, shares, bonds and other investment instruments. When you buy shares or stocks, they are credited and stored in your DEMAT Account and are debited when you sell them. A DEMAT Account also provides market updates and regular analysis of your investments.

Stock analysis basics can be broken into two broad categories: fundamental and technical.

Fundamental analysis refers to the study of the company's annual report, financial ratios, quarterly performance, assets, liabilities, and so on. Analysts and investors look into the financial performance of a company to estimate how it may perform in the future and whether the company is being fairly valued by investors currently. Usually, financial analysis is used to make case for long term investments as any mispricing between a company's market value and its intrinsic value may take time to be fully understood and for the stock price to adjust

On the other hand, technical analysis involves examining prices and volumes to determine future performance. Technical analysis assumes that all information in the market is factored into the price. It also assumes that the stock prices follow an established trend and patterns seen in the past. It is generally used by short term traders.

A Trading Account is used to place buying and/or selling orders in the stock market. The shares purchased through a trading account are deposited in your DEMAT Account and the shares sold are taken from it. The unique feature of a trading account is that you can buy/sell assets as frequently as you like, even within the same trading session! This makes it ideal for day traders.

  • The different types of trading accounts you can choose from include equity, commodity, online, offline, 2-in-1, 3-in-1, discount and full-service trading accounts. Each of these trading account types offers different features and benefits and is suited for different investors. Equity trading account: As the name suggests, using this you can only trade in listed stocks and their derivatives on exchanges like National Stock Exchange and BSE.
  • Commodity trading account: This can be used to trade in commodities like cotton, spices, cereals, metals, etc. on exchanges such as MCX and NCDEX, who deal primarily in commodities.
  • Offline account: Traders having this account can buy and sell securities by calling their broker or visiting their office to place orders. It is the traditional and cumbersome way of trading.
  • Online account: This requires placing orders via an app or computer. All you need is a decent internet connection. Trading is seamless and orders are placed instantaneously.
  • 2-in-1 account: This integrates trading account and DEMAT account. The aim of 2-in-1 account is to ensure fast and seamless transfer of shares after a transaction.
  • 3-in-1 account: This is usually offered by bank-based brokers as it integrates your bank, trading and DEMAT accounts. From debit of money to credit of money, entire trading cycle is seamless with this type account.
  • Discount broking accounts: This is considered no-frills account that may not have many services offered by full service accounts. The focus of this type of account is to reduce trading cost as much as possible.
  • Full service accounts: This account, along with trading, may also offer research, recommendation and other services.

There is one fundamental difference between trading accounts and DEMAT accounts – a trading account allows you to buy and/or sell orders for shares, whereas a DEMAT account only allows you to hold shares and securities. When you place a buy/sell order through your trading account, the securities are debited from or credited to the DEMAT account. As such, both accounts are synced to one another.

The basic eligibility to open a trading account is as under

  • You need to be either a Resident Indian, a Non-Resident Indian (NRI), a Person of Indian Origin (PIO) or an Overseas Citizen of India (OCI).
  • You should be above 18 years old.
  • You should have a functional bank and DEMAT account to link to the trading account.
  • You should also have a valid ID and address proof documents and complete the required Know Your Customer (KYC) process.

If you check both these boxes, you will have complied with the eligibility criteria of trading account and can begin the process of opening the account.

The process to open trading account is simple. You need to sign up on the Mirae Asset website or app and fill an online form providing your personal and contact details. Follow along the instructions on the portal, and your trading account will be opened within minutes.

The process to open trading account is very easy and is explained in the following steps:

  • Provide your Aadhaar-linked mobile phone number for OTP verification
  • Please read through the terms and conditions before proceeding.
  • Choose your preferred language to start the eKYC and account opening process.
  • (Optional) You may also setup the MIRA voice assistant now or at a later time.
  • (Optional) You may choose to mute the MIRA voice assistant via the mute button during the entire process.
  • Once your preferred language is set, press the continue button.
  • Please verify your email ID to receive a 3-digit OTP for verification. This email ID will be used for further communication between m.Stock and you.
  • Provide your PAN Card number (mandated as per SEBI guidelines).
  • Enter your date of birth to authorize m.Stock to fetch/update your KYC details and open your demat and trading account.
  • Capture a selfie from your camera, preferably in front of a plain wall without any photo filters or glasses. Remember to face the camera directly and follow the instructions provided by MIRA.
  • Provide a signature within the box provided. Remember that it needs to match the signature on your PAN card.
  • Link your bank account to your trading account. Provide the IFSC code, bank account number and hit the verify button.
  • Fillin in your personal details, and provide information about your occupation, and trading experience.
  • (Optional) Provide nominee details now or at a later stage.
  • (Optional) Congratulations! You can now trade equities on m.Stock. However, trading in derivatives requires filling in one additional document, which you can choose to do now or at a later stage.
  • Complete your application by e-signing your application via Aadhaar OTP or Emudra PAN service. Alternatively, download your completed form, sign it and courier it to the registered address provided below:

    Mirae Asset Capital Markets (India) Private Limited
    KYC Operation Department:
    Unit No. 502, 5th Floor, Leela Business Park, Andheri Kurla Road,
    Near Airport Road Metro Station, Andheri (East), Mumbai – 400059

The benefits of online trading accounts are numerous! To begin with, they allow you to place buying and/or selling orders without actually being physically present at the stock exchange. This allows you to trade shares from anywhere you like, even from the comfort of your couch. Online trading accounts also allow for speedy delivery and settlement of orders. Besides, trading accounts also bring down your trading costs, especially with the advent of discount brokers such as m.Stock. Many broking services, including m.Stock, also provide a consolidated profit/loss and tax statement as part of trading account, making tracking investment and tax compliance simpler for you.

The documents required for trading account are as under:

  • Proof of Identity: PAN card/Aadhaar Card/Passport/Voter ID/Driver's License
  • Proof of Address: Utility Bills (Telephone, Electricity, etc.)/Ration Card/ Aadhaar Card/Passport/Voter ID/Driver's License.
  • Bank Details: Cancelled cheque/Copy of Bank passbook.
  • Proof of Income: Copy of ITR/Account Statement for the last 3 months/Salary slips

The process to trade using a trading account is relatively straightforward. Your trading account is like a link between your bank account and your DEMAT Account. You can place an order for the shares you wish to purchase through your trading account. Your order is then sent to the stock exchange for processing. If the order is executed, the shares get deposited into your DEMAT account, and the funds are debited from your bank account. Sell orders follow a similar process. Once the order is executed, the shares are taken from your DEMAT account, and the funds are credited to your bank account.

Yes, you can check trading account details. All you need to do is login into your trading account on the m.Stock portal and locate the section on transactions. Here, you will be able to check trading account balance, trades conducted through the account and other necessary details.

You can see trading account statement online by logging into your trading account on your computer or Mirae Asset mobile app and navigating to the account statements tab. You can also check trading account balances and your previous and recent trades under the same section.

Yes, you can get your trading contract online. You need to navigate your cursor to the trading dashboard, where you will find your portfolio details, reports and more. You can find your contract notes and account statements on this console and even download copies of the same.

MTM is an abbreviation for "Marked To Market". It is a method used to evaluate or measure the fair market value of fluctuating assets and liabilities. In the trading and investment world, securities like mutual funds and futures are marked to market to show their current or present market value. MTM Squaring off is essentially a trading style that investors use in day trading. They buy or sell specific quantities of assets (typically shares) and reverse their transactions later in hopes of earning a profit.

Online trading is the act of buying and selling of stocks, shares and other securities over the internet! It involves opening a DEMAT and trading account wherein the former allows you to store your securities in the digital or dematerialised format, and the latter allows you to place your trade orders – buy, sell, and hold. You can conduct trades online from any place at any time.

Online trading refers to buying and selling company shares listed on a stock exchange to book a profit. This trading of shares can also be done over the internet, using online trading platforms. Through these online platforms, one can buy or sell shares, stocks, bonds, equities, mutual funds and other securities without being present at the stock exchange. New investors are recommended to research a good beginners guide for online trading or similar literature on the internet before commencing their investment journey.

There are many advantages of online trading. To begin with, it allows you to buy or sell shares, stocks and other securities without being present at the stock exchange. This saves you a lot of time and also allows you a great deal of flexibility as you can make trades from anywhere in the world. Further, with online trading, you no longer have to worry about the loss, theft or damage of physical share certificates as online trading enables you to store your share certificates digitally in your DEMAT account.

A trading platform is essentially software that allows you to place buy and sell orders for numerous kinds of investment instruments entirely over the internet. Generally, these platforms also provide real-time updates, performance charts and helpful reading material. Through these platforms, investors have access to a range of markets such as stocks, currencies, futures and options, etc.

There are several online trading platforms and tools for beginners that can help you make the right investment moves. You could start by trying your hand on trading simulators. These tools allow you to invest in shares using dummy money. It is the perfect way to test and refine your investment techniques without risking your hard-earned savings. And once you're ready to start trading for real, you can give Mirae Asset a try! Mirae Asset's m.Stock is one of the best trading platforms for beginners and seasoned investors alike! You can choose from a range of investment options, get real-time updates along with in-depth market analysis and start your investing journey on the right note!

The stock market for beginners can seem like a daunting space. Here are some useful tips that will help you start your investment journey with complete ease.

  • Open a DEMAT and trading account – You cannot start trading until you have a functional DEMAT and trading account. There are several DPs (Depository Participants) through which you can create these accounts. You can compare the account charges of all the available options and choose a DP that best suits your needs.
  • Do your research – Making the right investments requires a good amount of research. Fortunately, there are a number of resources & platforms online that can help you with a thorough understanding of the market.
  • Practice with a simulator – Simulators allow you to test your investment strategies and refine your trading techniques. Once you are well-versed with the ups and downs of the market, you can start trading for real.

The answer to the question of how to trade online is simple. You first need to open a DEMAT and trading account with a SEBI-recognised brokerage firm like Mirae Asset. Our state-of-the-art online account opening facility offers instant onboarding and allows you to open your DEMAT and trading accounts in as little as 5 minutes**. Once the account is opened, you can begin trading in the markets of your choice. Our platform gives you access to stocks, mutual funds, IPOs, futures & options and numerous other market instruments. If you are just starting your investing journey, you must do your research before making any trades. This will allow you to make better-informed investment decisions and safeguard you from potential losses.

To start an online trading portfolio, you first need to open a DEMAT and trading account. Once you've done this, you must do your research and get acquainted with the various investment options available to you. You can then start purchasing securities by diversifying your investments to ensure you are safe from market fluctuations. Finally, remember to keep a tab on the ups and downs of the market and review your investment portfolio periodically to align with the market trends.

Here are some helpful online share trading tips:

  • Understand the basics: You need to get your basics right before jumping into any investments. Try to understand what stocks are, learn about the different exchanges and types of investment options – it will help you build your trading strategies.
  • Start early and start small: The earlier you start, and the longer you stay invested, the better are your chances of earning higher returns. Put those investment plans into motion, even if it means starting with smaller investments. It will give you a base to build on, from which the only way is up!
  • Practice makes perfect: You can practice trading on a simulator before making any actual trades. It will help you get accustomed to the investment trading platform for when you are ready to begin your investment journey.
  • Choose the right stockbroker: You need to ensure you choose a good stockbroker. Ensure you do your research. Consider factors like the broker's market reputation, the ease of their trading portal, and their brokerage fees before choosing one.

Fundamental analysis is the study of factors that can influence a company's stock price. These include the financial statements of the company, its management processes, its industry trend, and so on. As such, fundamental analysis studies the intrinsic value of a company to determine whether its stock is over or under-priced. Generally speaking, fundamental analysis is better suited for long-term investments. The process of how to do fundamental analysis is also simple and can be done online. You should find several resources on the internet that will help you study the financial standings of a company. Most companies publish their accounts and other financial statements on their website. This should be more than enough to conduct your analysis.

Technical analysis refers to the use of past performance charts, price patterns and financial trends to forecast the price movements of securities. As such, technical analysis is better suited for short-term investments as insights gained are usually applicable to the near future. You can learn How to do technical analysis through the Mirae Asset website and app! We offer detailed charts, and price pattern reports to help you conduct your technical research and make the right trades.

You must be aware of the following things when it comes to making a stock market investment for beginners:

  • You will need a trading account, a DEMAT account, and a savings account to start your investment journey.
  • Always do thorough research before investing in any share market security.
  • Do not invest in stocks by blindly trusting. Instead, choose SEBI-recognised brokers to initiate your investments.
  • Keep track of the company's performance to make a profitable investment in the share market.

Closing an investment position before the market closes on the same trading day is called intraday trading. Day traders try to take advantage of the regular price fluctuations of a security and earn profits by opening trade positions according to the trend. Intraday trades involve high risks and require you to have a good amount of experience trading in the market. You do not get the delivery of the shares in day trading and hence, get to save on the delivery charges imposed by brokers.

Day trading involves various investment techniques and multiple aspects. The following are some things to remember in day trading for new investors.

  • Try and avoid trading in highly volatile markets. It is better to invest in markets whose prices movements are predictable.
  • Decide your risk to reward ratio before placing the order and stick to it throughout the duration of the trade.
  • Since intraday trading tends to be risky, you should always trade intraday with a stop loss to minimise your losses.
  • Conduct technical and fundamental analysis of securities before trading them.
  • Do not forget to decide the entry and exit levels of trades before placing your orders.

No, one of the most critical intraday trading rules is to never blindly trust the free intraday tips doled out by social media websites, television anchors, and other unknown sources. Instead, you must always do your own research and refer to trading charts, patterns, and trends before making an investment decision. Remember, in most cases, the free intraday trading tips shared over various media channels are usually done to create a price movement in a particular stock. You should also be careful to implement the free intraday trading strategies available on the internet. Always do your research and test the investment plan before deploying it in the market using your hard-earned money.

The following are the basic intraday trading tips for beginners.

  • Pick the right market: Always pick the market you understand—whether equity, commodity or currency.
  • Pick right security: Choose a stock or a commodity which has high liquidity. You also need to be aware of any news triggers for the selected security to make a profitable trade.
  • Fix entry/exit price beforehand: Before you process your order, decide at what price you want to enter the trade. This will help you reduce mistakes. Similarly, always exit trade once price reaches the target.
  • Have a stop loss: If the price is not moving according to your prediction, having a stop loss cuts your losses before it becomes too big. Always exit your trade one stop loss is breached.
  • Get the timing right: Pick a suitable time to trade. Early in the day and in the last hour, volatility is very high. For beginners, trading around the noon can be best time to trade. Diversify: Never put all eggs in a single basket. Trade with a small portion of your capital or bet on more than one security. Then, in case one trade goes bad, you won't lose your entire capital.
  • Learn to read charts: Most trading is done after doing a technical analysis of a security. It is better to have a basic understanding of common charts and patterns to make a profitable trade.

There are many interesting things to know about stock market in India, like:

  • Most shares in India are traded on the Bombay Stock Exchange and the National Stock Exchange.
  • The BSE is Asia's fastest online share trading platform and boasts the most number of companies listed on the exchange.
  • The Sensex is the benchmark index of the BSE and comprises the top 30 stocks in terms of market capitalisation.
  • The Nifty50 is the benchmark index of the NSE and comprises the top 50 stocks in terms of free-float market capitalisation.
  • There are several other stock exchanges in India, and most of them are highly liquid, with millions of participants. The most popular are BSE and National Stock Exchange, both based in Mumbai.

Intraday trade means buying and selling a security on the same day, which results in no change in stocks you hold at the end of the day. In delivery trades, you take delivery or sell your shares which may change the composition of your portfolio. For example, suppose Reliance Industries (RIL) declared its December quarter earnings yesterday, and reported massive growth across business verticals. This usually means RIL share prices will rise in subsequent trading. You want to take benefit of this price movement and place a buy order in the morning. You have two options here: One, you place an intraday buy order and book profit by selling them before the market close. In this trade, no shares are credited to your DEMAT account. Option two is buy shares for more than one day, that is, take delivery of shares to benefit from multiple days or months of price movement. Shares you buy will be credited top your DEMAT account.

Understanding how to trade intraday is relatively easy. All you need is a trading account with a SEBI-recognised broker; in this case - m.Stock and ensure you have enough funds to finance your trade. Just log in to your trading account, choose the security you wish to day trade. Select your investment position, whether you want to buy or sell the security and place your order. Remember to square off your position before the market closes, or your position will have to be closed on your behalf.

A stock market is a marketplace to buy and sell various financial instruments such as equities, bonds, and derivatives. You can only make transactions in the stock market through brokers. It is crucial to know how stock market works before you begin your investment journey.

The price of a security listed on a stock exchange (BSE or NSE) is decided by its demand and supply in the market. The broker places orders on the stock exchange on your behalf. Further, the stock exchange looks for buyers and sellers at a price pre-defined by you. Once the exchange finds the right match, your order is executed. The security acquired or sold by you is stored in a DEMAT account. It takes t+2 days for the security to reach your DEMAT account.

There are many benefits of stock investment. Such as,

  • Investing in stocks can help you get inflation-adjusted returns higher than those offered by traditional cash deposits and bank FDs (Fixed Deposits).
  • Another advantage of stock investments is that you can earn regular dividend income by including the equities of various companies in your investment portfolio. As such, you can generate passive income.
  • Shares also provide better liquidity when compared to other traditional investment options.
  • The stock market allows you to be in complete control of your investments. It provides you with complete freedom to build your portfolio and generate returns.

The stock market is a place that allows buyers and sellers of a particular security to negotiate a price and trade money for the shares of the said asset. Here are a few vital share market basics for beginners.

  • Create a diversified investment portfolio. Putting your entire capital in one stock or sector is risky. For example, if you have invested your entire portfolio in a single metal stock, in case of any bad news for the sector or the company, you may be staring at a massive loss. It is always wise to diversify across sectors and even assets like gold, real estate or bank deposits. Never put your entire capital in equities.
  • Do both technical and fundamental analysis before making an investment decision. You should only invest after thoroughly researching about the security and its past trends.
  • Only invest the money that you can afford to lose. Avoid investing in the share market using borrowed funds.
  • Minimise your losses using the stop loss facility. Do not hold positions and hope for a reversal. Set the stop loss limit and reduce your potential for losses.

IPO, short for Initial Public Offering, is the process by which a private company sells its shares to the public to raise capital. An IPO helps the company acquire a significant amount of capital that can be used to expand operations, solve cash-flow problems, invest in infrastructure, and more. The process of how to invest in IPO in India is quite simple. Follow the steps below:

  • Open a DEMAT account and a trading account linked to your bank account. Log in to your trading account and visit the section on IPO subscription.
  • Select the investor type and enter the company's name whose IPO you would like to subscribe to.
  • Enter the number of shares you would like to purchase and input your bid price.
  • Select your mode of payment and complete the transaction.
  • The allotted IPO shares will be credited to the DEMAT account. If you do not get the IPO allotment, your money is refunded in the source account.

The three most important IPO basics to keep in mind are:

  • Invest in companies that use the influx of capital to expand or refine their business. This shows that the capital will be used to generate more revenue.
  • Run a background check on all the promoters of the company. Only invest in companies that are led by a distinguished management team.
  • Invest in companies that have promising growth potential. You should invest in IPOs of companies that provide value to the customer and have the potential to bring something new to the market.

There are typically two different types of IPOs, a fixed price issue and a book building issue. While a fixed price issue provides a fixed rate at which the company's shares will be sold, a book building issue offers a price range within which company shares are valued. A book building issue is one of the IPO types wherein the company's value is fixed after evaluating the bids.

There are many advantages of IPO for an investor:

  • One of the main benefits of IPO investments is their ability to provide a significantly high rate of returns.
  • It helps you buy the shares of a company at a low price. This is extremely helpful when investing in companies that have a promising growth prospect.
  • IPOs of good companies are great to meet long term goals.

There are three main guidelines for investing in IPO for beginners, namely:

  • IPOs of well-known companies do not guarantee huge returns. Analyse the growth prospect of the company before making an investment decision.
  • The performance of the IPO is linked to the performance of the market. If the market is bullish, the IPO of a company has more chances of doing well.
  • Make sure the applicant's name matches the name of the bank account holder. This will help to ensure that your IPO application is not rejected.

An IPO allows you to buy shares of a private company going public for the first time. The process of how does an IPO work is straightforward. The IPO process in India allots the subscription of shares randomly to interested investors. The company issues a pre-defined quantity of shares. The influx of capital into the company can help it increase its revenue: thus, growing in valuation. This, in turn, benefits the investors by providing capital gains.

Here is how to buy IPO:

  • You would first need a savings account, a trading account, a DEMAT account.
  • Enter the name of the company whose IPO you wish to subscribe to. Input the number of shares you want to buy.
  • Block the payment via the ASBA application process for IPO on the broker's website.
  • If the company's shares are allotted to you, they will be directly credited into your DEMAT account.

The application process for IPO in India is relatively straightforward. To help you understand here is how to apply for IPO:

  • Sign into your trading account on the broker's website and click the IPO subscription button.
  • Choose the investor type that applies to you and select the initial public offering you wish to apply for.
  • Input the number of shares you would like to purchase and enter your bid price.
  • Your money will be blocked via a process known as ASBA, and funds will be debited from your account when your IPO units are allotted.

The IPO process in India follows the method of random allotment. Hence, not everyone who applies for the IPO receives the shares. The IPO allotment process is random, implying, the shares are only given to a set number of investors who have placed the correct bid and are chosen for the subscription by luck. The best way to increase the probability of getting the allotment of shares in a company's initial public offering process is to place IPO bids at the cut-off price.

An IPO calendar comprises important IPO dates, price band of the issue, the face value of the shares, and a few other details. The IPO calendar helps in knowing the upcoming IPO listing dates. Hence, it makes it easy for investors to plan their finances and get ready with their applications. You can easily find the upcoming IPO calendar on the internet and the websites of SEBI-recognised brokerage firms like Mirae Asset.

Options trading is essentially a trade that involves a derivative contract between a buyer and a seller. This contract gives traders the right or the option, but not the obligation to purchase or sell an underlying asset (stocks, commodities, ETFs, currencies, etc.) at a specific price (called the strike price) for a predetermined period. Buyer/sellers may exercise the option to exit the option contract on or before the contract maturity period.

Futures Trading can be defined as the act of trading a derivatives contract featuring underlying assets like shares, currencies, commodities, ETFs, etc. In Futures Trading, traders are obligated to buy or sell the underlying asset on a fixed, predetermined future date, at a fixed, predetermined future price on the contract expiration date. They are obligated to carry out the trade irrespective of the market value of the underlying asset on the trading date and may incur profits or losses accordingly.

In stock market, Futures and Options are derivatives contracts under which traders agree to buy and sell an underlying asset at a fixed date and time in future. A Futures contract is one under which the traders are obligated to buy or sell the underlying asset at a fixed future date, at a fixed future price, irrespective of the asset's market value on the contract expiration date. Under an options contract, traders have the option and not the obligation to honour the contract. This means they can bow out of the contract if the price of the underlying asset on the contract expiration date is not as expected/speculated. They must, however, forfeit the margin amount paid at the time of entering the contract.

In the stock market, Futures are derivatives contracts under which traders trade underlying assets on exchanges. Under the futures contract, traders must buy or sell the underlying asset on a fixed date, also known as the contract expiration date, at a fixed, predetermined price. Traders can speculate and set the underlying assets' prices while entering into the contract. They are obligated to honour the contract rules and buy/sell the asset even if the trade does not pan out per their expectation or speculation on the contract expiry date.

A call option is a derivative contract that allows option buyers the right or option to buy or not buy an underlying asset at the strike price. Per call options basics regulations of the SEBI, investors who buy a call option are not obligated to exercise the option if the trade means incurring a loss. As such, they may choose against purchasing the asset at the strike price. They may also decide when and whether to exercise the option to exit the agreement, but they must do so before the contract expiry period.

The benefits of Futures trading include:

  • Traders can leverage the margin trading benefit under which they can buy more units of the underlying asset at a fraction of a cost. This margin essentially serves as a security deposit to cover your losses if your trade does not perform to your expectations.
  • You do not need to take the physical delivery of the assets traded and can conduct all trades on paper.
  • The futures trading market is highly liquid and active, which means that at any given time, you can find buyers and sellers whenever you wish to conduct a transaction.
  • The expense ratios, such as commission charges, entry/exit loads, etc., are typically low in the futures trading market.

The different types of futures contracts traded in India include:

  • Equity stock futures
  • Equity Index Futures like BSE Sensex, NSE Nifty 50, Nifty Bank, Nifty IT, etc.
  • Currency Futures like USDINR Futures, GBPUSD Futures, etc.
  • Commodity Futures
  • Interest rate futures
  • VIX Futures

Margin funding, also known as Margin Trading facility, is a service provided by brokerage firms through which traders can get the necessary funds to buy more units of stocks, currencies, commodities, etc., from their brokers. Essentially, the margin funding facility allows you to buy more units of securities than you can afford by borrowing funds at a nominal interest rate from your broker. You can get the funds by using your shares as collateral, and you must repay or square off the amounts funded by a specific period.

You can check the NSE F&O stock list and eligibility criteria by visiting the website of the National Stock Exchange and following this path - Products & Services > Derivatives > Equity Derivatives > Products. Similarly, you can find the BSE F&O stock list and eligibility via the Bombay Stock Exchange website. Click on Markets on the BSE Home Page and select Derivatives to view the BSE F&O stock list. You can also find these details through your Mirae Asset Derivatives Trading account.

Using the F and O margin calculator, also known as the span margin calculator, is easy. You can use any online F&O calculator and follow these steps:

  • Use the drop-down menu Select the Exchange wherein the underlying F&O asset is traded.
  • Select the Product type (from Futures and Options) from the next tab in the drop-down menu.
  • Enter the company name/ Ticker Code/Symbol in the third tab.
  • Enter the quantity and choose whether you want to buy or sell the contract.
  • Click on Calculate. You can also reset the calculator if you wish to change the quantity or calculate the value of other F&O contracts.

The basics of mutual funds in India are very easy to understand. You pay a mutual fund company a certain amount of money, either in the form of regular payments (known as the systematic investment plan or SIP) or one lumpsum amount. The mutual fund company then creates a pool (of your investments and those of others) and uses it to buy certain stocks and bonds. The mutual fund company then pays you dividends based on the performance of the stocks and bonds.

The process of how to invest in mutual funds online is Simple. Just log onto the Mirae Asset website. With our state-of-the-art onboarding facility and our 2-step investment process, you can sign-up and start investing in as little as 5 minutes**. We offer several fund profiles and payment options as well. This allows you to tailor your investment as per your needs.

To invest in SIP, you need a mutual fund account, which you can open in under 5 minutes** on the Mirae Asset website. Complete the two-step onboarding process and visit the mutual funds section on the website. You will find SIP and lumpsum investment methods. Choose the former, along with your preferred mutual funds, SIP amount and frequency and set standing instructions for us to debit the SIP amount from your linked bank account every month.

There are there different ways of how to invest in mutual funds.

  • You can invest through a brokerage firm offering mutual fund accounts
  • You can invest through banks offering mutual fund accounts
  • You can also buy mutual funds directly from the asset management company's website.

Here are some tips to help you select the best mutual funds.

  • Consider your preferred investment horizon, i.e., the duration you would like to stay invested in a mutual fund scheme. It helps to stay invested for the medium or long term to get higher returns on investment.
  • Choose mutual fund schemes based on your investment objectives or goals. For instance, if you are looking for growth, you can opt for equity funds. Whereas, if you are looking for regular income, debt funds would be better suited.
  • Evaluate your risk profile before investing. If you are risk-averse, then debt funds are ideal. If you are comfortable taking risks to earn higher returns, equity funds are for you. You can also invest in Hybrid funds to balance your risk-to-returns ratio.
  • Choose SIP if you prefer to invest in instalments without having to time the market. If you have a corpus of funds ready to invest, you can go for lumpsum payments.
  • Evaluate the track record of the fund manager and the mutual fund itself. Consider factors like past performance, decisions taken during volatile market cycles, etc.
  • Look for a mutual fund with minimal expenses so that you do not end up losing your profits in fund manager's commissions, expense ratios, etc.

Here are five tips that can help you choose the best equity mutual funds.

  • Choose a mutual fund based on your risk appetite. Equity Mutual funds can generate significantly higher returns. However, they involve high risks, so ensure you consider your risk appetite before investing.
  • Go for mutual funds that are in line with your investment horizon. If you are in it for the long run, equity mutual funds are a better option. They may be slightly volatile, but the risk is ironed out if you stay invested for extended periods, say five years or more.
  • Choose funds based on your financial goals. Define your financial goals over the short and long term and choose securities accordingly.
  • Remember to choose equity mutual fund schemes after carefully comparing the fees and commissions involved. It's always advisable to opt for a mutual fund with lower charges. This ensures that more of your money is invested, and you get more bang for your buck.
  • Look at the past performance of the various equity mutual fund schemes before settling on one. It is always favourable to opt for a fund that's been performing well historically.

NAV is short for Net Asset Value. It is calculated by dividing the net value of the assets held under a mutual fund by the total number of outstanding units. The NAV of a mutual fund is calculated at the end of every day. This is because the market value of the assets under the mutual funds will change daily, and so will the fund's NAV. As such, NAV helps investors keep track of the fund's performance on a day-to-day basis.

ELSS is short for Equity Linked Saving Scheme. These mutual funds invest up 80% of assets in equities, while the remaining funds may be invested in balanced or debt funds. ELSS are widely known as tax-saving mutual funds as they qualify for tax deductions of up to INR 150,000 under Section 80C of the Income Tax Act, 1961.

The process of how to invest in ELSS is simple. Simply log in to your Mirae Asset Trading Account and choose from a wide range of ELSS securities under the Mutual Funds section. Check the past performance of ELSS funds, choose your preferred investment method (lumpsum or SIP) and make your investment. Remember that ELSS comes with a 3-year lock-in period, so if you opt for SIP, each SIP instalment must be locked away for three years to avail of the tax benefit.

Index Funds are mutual funds that imitate popular market indices. They are passively managed funds, i.e., fund managers do not actively select the stocks. Instead, they simply invest in the stocks that make up an index (Sensex, Nifty, etc.). Basically, the fund manager mirrors the stocks under a particular index and tries to always keep the fund's portfolio in line with the index, hoping to reproduce the returns of that index. For instance, an Index Fund that follows the Nifty will invest in the same 50 stocks listed under the index and in the same proportions as well.

Balanced funds are known as hybrid funds. These mutual funds contain both debt and equity components in a single portfolio. They allow investors to diversify their investments and offer a balance between risk and returns.

Tax saving mutual funds provide dual benefits of returns and tax savings. Generally referred to as Equity Linked Saving Schemes, these plans invest primarily in Equities. They are known to generate significantly higher returns as compared to other mutual fund schemes while also offering tax benefits under Section 80C of the Indian Income Tax Act. Tax Saving Mutual Funds allow you to avail tax deductions of up to INR 150,000 per annum or tax savings of up to INR 46,800 if you belong to the 30% tax payment slot.

Debt funds are mutual funds that invest up to 80% of assets into fixed interest securities such as government & corporate bonds, debentures, and other similar money market instruments. These mutual funds offer lower yet stable returns and are considered safer than equity funds.

The advantages of mutual funds are as below:

  • Liquidity: You can redeem your mutual units at any point in time. This can be helpful in case of a sudden cash crunch or financial emergency.
  • Diversification: Mutual funds offer a great deal of diversification and are thus less volatile. Your money is invested across multiple securities, thereby safeguarding you against sudden market fluctuations.
  • Expert management: MFs are ideal for newer investors as an expert fund manager takes all the investment strategies and decisions. This ensures that your money is well invested, even if you have little or no market knowledge.
  • Flexibility: You can choose how much you want to invest and how often, thanks to SIP and lumpsum investment methods.
  • Accessibility: Investing in mutual funds is extremely easy! For instance, with Mirae Asset, you can sign-up and start investing in as little as 5 minutes**.
  • Suited for every financial goal: You can invest in various mutual fund schemes to achieve different financial goals. You can also choose varying schemes with varying investments tuned to your individual risk profile.
  • Safe & transparent: As per the latest SEBI guidelines, all mutual funds must be labelled according to their risk levels. You can choose funds based on their star ratings and invest in the best schemes.
  • Tax benefits: ELSS mutual funds offer you tax benefits of up to INR 150,000 under Section 80C of the Income Tax Act of India, 1961. This benefit allows you to reduce your taxable income.

There are several ways to optimise mutual fund returns as under:

  • Always opt for direct funds over regular MFs. These plans generally fetch you 1% to 1.5% higher returns as compared to regular mutual funds. This is because you avoid paying any fees or commission, resulting in more of your money being invested.
  • Opt for SIPs over lumpsum investments. This allows you to start small, slowly increase your investments over time and reap the benefits of compounding interest.
  • It is also wise to diversify your investments. This ensures that your losses, if any, are kept to a minimum in case of any market fluctuations.

It is good practice to review mutual funds regularly. The frequency of reviews depends on the type of fund you invest in and its investment tenure. Typically, you should review your mid and long-term mutual fund investments annually or every six months. Note that evaluating your mutual funds at shorter intervals might lead to inaccurate insights and cause you to make impulsive decisions regarding your investment.

There is a lot of data and literature on the internet featuring mutual fund investment guides that beginners can access. You can check websites by brokerage firms and online media and news portals which cover topics like mutual fund investments in great detail. You can also watch videos on popular streaming websites to understand how mutual fund investments work. If you want a detailed account on mutual fund investments, we recommend you read books such as Comprehensive Beginner's Guide to create Wealth using Mutual Funds by Gregory Beck, Mutual Fund Investing by Charlie Evans, Indian Mutual Funds for Beginners by Vipin Vats or Mutual Funds-Ladder to Wealth Creation by Vivek K. Negi.

It would help if you looked for the following factors while choosing the best mutual funds in India.

  • The funds' performance and returns generated over the last 1, 3, 5 and 10 years.
  • Whether the fund demonstrated stability or volatility during different market cycles
  • The performance of the fund manager handling the funds and whether the funds' value has grown or fallen during their management.
  • The asset allocation of funds and whether it suits your investment style and risks.

Anyone interested in crypto for beginners should know the following:

  • Cryptocurrency, generally referred to as crypto, is a type of payment, which can circulate without a central monetary authority like a bank or government. It is a digital asset comprising highly encrypted and secure online transactions.
  • Unlike traditional currencies, crypto is decentralised and is typically finite in number. It is sometimes equated to precious metals, including gold and silver.
  • This currency is typically created through mining involving a complex problem-solving process usually solved by powerful computers. Essentially, when you exchange cryptocurrency, more of it is introduced in the world.
  • Most cryptocurrencies use blockchain technology to manage and record transactions.
  • There are over 10,000 listed cryptocurrencies with a total worth exceeding $1.7 trillion, with Bitcoin being the largest traded cryptocurrency in terms of market capitalisation, followed by Ethereum and Tether.

As a bitcoin cryptocurrency investor, you should be aware of the security of digital tokens and choose an exchange after considering the following factors.

  • You should choose a bitcoin exchange known for transparency since crypto is not legally regulated. You can identify reliable bitcoin exchanges by evaluating its audit exchange and reports that show the company's financial health.
  • You must also choose a bitcoin exchange based on how smoothly trade is conducted on it. Evaluate the turnaround time for transfer and settlement of bitcoin and see if the exchange offers a lock-in pricing system so that the buying/selling price of the crypto does not fluctuate.
  • Consider the market reputation of the exchange and review its goodwill critically. Conduct adequate research and seek professional guidance before choosing an exchange. You can find this information on various online forums where you can get unbiased opinions and first-hand accounts from other crypto investors.

The below are some pros of cryptocurrency:

  • No scope for frauds, scams, or declined payments.
  • All payments are 100% encrypted, so they can never leak, nor can anyone check your payment information.
  • You can securely and immediately transfer cryptocurrency ownership without any fees, hassles, or paperwork.

The cons of cryptocurrency include the following:

  • Banks or government entities do not regulate the cryptocurrency market, which means there is scope for illegal activities.
  • The losses associated with cryptocurrencies are significantly higher since there is no ownership or authority. You cannot reach out to a company to file a claim for technical errors. You cannot file reports against anyone in case of losses.
  • The cryptocurrency market is unpredictable and highly volatile. You should not invest unless you are well-versed with it. You need an aggressive risk appetite, excellent research and analysis skills and should be prepared for all kinds of volatile situations.

Ethereum's London Hard Fork are a set of 5 Ethereum improvement proposals that aim to change the speed and incentivisation of Ethereum mining. Since Ethereum is regarded as an inflationary cryptocurrency, there is no limit on its count and miners are rewarded with fresh, new coins each time they validate a block. They are then compensated with transaction fees paid by users. However, per Ethereum's London Hard Fork proposal, once the update is rolled out, miners will not receive income from transaction fees, thereby reducing the supply of this cryptocurrency and giving it a much-required boost. This update aims to make transaction fees more predictable for investors using blockchain technology.

The stock market, also known as the share market, is a common marketplace (usually known as the Stock Exchange) where the share units of publicly listed companies are issued and traded. It is here that investors can buy and sell shares of different companies, with the aim of booking better returns on investment than those offered on traditional investment instruments. The stock market is categorised into two types – the primary market where a formerly private company goes public for the first time with the launch of its Initial Public Offer (IPO) and the secondary market where shares of all listed companies are traded. Although it is known for its volatility, the stock market is also renowned for helping investors earn inflation-adjusted returns, provided they time their trades correctly and check the past performance and market cycles of securities before investing.

The share market is a place or platform where investors can buy, sell, or trade a wide range of market securities such as shares, bonds, derivative contracts like currencies and commodities, mutual funds, etc. The market is categorised into two types – the primary share market, where a company registers itself for the first time in order to raise funds from public investors by selling its shares through an Initial Public Offering (IPO) and then becomes a publicly-traded company. Then there is the secondary share market, where shares of already-listed companies are traded at their current price. Here, investors can buy and sell shares anytime and enter or exit the market as they please.

The basics of stock market investment you need to know to include the following

  • You will need to open a DEMAT and Trading Account with a SEBI-recognised broker
  • You must consider your risk profile, investment goals, and preferred investment tenures before you begin investing.
  • You must familiarise yourself with the basic stock market jargon, the various exchanges, and trading platforms.
  • You must review the costs associated with share market investments
  • You must avoid putting all your eggs in one basket, and instead diversify your investments.

A combination of the words Sensitive and Index, the Sensex is the equity benchmark index of the Bombay Stock Exchange, comprising of the top 30 companies in terms of free-float market capitalisation from various sectors and trading on the BSE. In India, there are various Sensex indices, including the S&P Sensex Index, BSE Midcap and the BSE Bankex, among others.

Like the Sensex is to the BSE, the Nifty is the equity market index of the Indian National Stock Exchange (NSE). It combines the words National and Fifty and comprises the top 50 stocks in terms of free-float market capitalisation, from different sectors, and trading on the NSE. The prominent Nifty Indices in India include Nifty 50, Auto Nifty, Bank Nifty, Nifty IT, Nifty FMCG, etc.

The NSE and BSE are the two leading stock exchanges in India. NSE stands for the National Stock Exchange. It is the world's fourth-largest exchange based on its equity trading volume. It holds the distinction of being India's first stock exchange to offer screen-based trading. Then there is the Bombay Stock Exchange, or BSE, which holds the record of being Asia's first stock exchange. The BSE is regarded as the world's fastest stock exchange thanks to its trading speed of 6 microseconds per order.

The formula for investing in stocks for beginners is simple. Just follow these below-mentioned steps.

  • Select a SEBI-approved and recognised stock brokerage platform to open your DEMAT and trading account – Mirae Asset, for instance.
  • Provide the necessary documents (ID, address, and income proof) and complete the Know Your Customer (KYC) process.
  • Login to your DEMAT account with the username and default password and change it to something strong. Memorise the password.
  • Research about the stocks you wish to buy by considering your risk appetite, investment goals, and preferred investment duration. Also, assess the past performance of the stocks you choose across various market cycles to check how stably it has generated returns.
  • Decide on the order quantity and optimise your investment portfolio with diversification to mitigate your investment risks.

In the share market, moving averages are technical indicators that investors and market analysts use to determine the direction of a trend. A moving average allows technical traders to generate various trading signals. Analysts use the moving averages to examine an asset's support and resistance ratios and evaluate its price movements. It helps them determine the potential price direction of an asset and trails the action price of the asset to demonstrate the direction of a given trend.

Share market volume indicators are essentially mathematical formulas, which are visually represented in the most commonly used charting platforms. Volume indicators can be of different types, and each indicator uses a marginally different formula. As a share trader, you should find the indicator that works best for your specific market approach, i.e., the method you use to determine the value of an asset after analysing the selling prices of similar assets. The three most common types of share market volume indicators include On-balance Volume (OBV) indicator, the Chaikin Money Flow indicator and the Klinger Oscillator indicator.

A share market breakout represents a share price moving outside of a defined support or resistance level at an increased volume. Breakout traders typically enter long positions after the share price breaks above the resistance level and enter short positions after the stick breaks below the support level.

A breakdown in stock market is basically the opposite of a breakout. It is a downward move in the price of a security, usually via an unidentified level of support, which signifies a further decline in the security price. Stock market breakdowns commonly occur on heavy volumes, and the resultant move lower tends to be relatively quick and severe in magnitude. Traders can identify stock market breakdowns using technical tools, live chart patterns, moving averages and trend lines.

Some of the most commonly used and important chart types in stock market include:

  • Line chart
  • Bar chart
  • Point and figure chart
  • Head and shoulder chart
  • Renko Chart
  • Single and multiple candlestick chart

In the share market, a candlestick is a kind of price chart used in the technical analysis of market prices. This chart displays the highs and lows and opening and closing prices of a given security for a particular period. Candlesticks echo the impact of investor sentiments on the prices of securities. Technical analysts generally use them to determine when to enter or exit trades.

A commodity market is a place wherein trades can trade in a wide variety of commodities ranging from agricultural products to energy resources and precious metals. It is a derivatives trading market, i.e., traders buy and sell commodities with the intention of booking profits by entering into Futures and Options trading contracts.

Commodity trading can be defined as the process of buying and selling a range of raw materials or products – from agricultural to energy resources, crude oils, precious metal bullion, etc. This trade takes place through futures and options derivative contracts, wherein the commodity derives its value from an underlying asset – the commodity being traded. Commodities are usually traded in lots, and sellers can take physical delivery of the products traded or settle the trade in cash.

Commodity market traders use Futures and options commodity trading contracts. Traders who enter into futures contracts agree to buy or sell commodities on a fixed, future date, at a fixed price, irrespective of the commodity's market price on the contract maturity date. Traders can also enter into options contracts with more or less the same conditions as the futures contract. However, commodities options traders have the right or option to exit the trade if it does not prove profitable. Such traders must pay a margin while entering into the contract and forfeit the margin if they choose to exit the contract.

Commodity Trading in India involves several agricultural commodities and natural resources. Agricultural commodities are known as soft commodities, whereas natural resources that are mined or extracted are known as hard commodities. The different types of commodities traded in India include Gold and Silver Bullion, Base Metals, Energy Resources, Spices, Agricultural commodities, Oils, Food Grains, etc. Note that not all commodities are traded on every exchange.

Commodity trading proves beneficial in several ways. Firstly, traders benefit from the inflation of commodity prices. During inflation, the cost of commodities and raw materials increase substantially, which helps commodity traders book maximum profits. Traders can also hedge their commodity portfolios against a declining USD and save their assets. Furthermore, they can take advantage of various socio-economic and geopolitical events and uncertain global and economic periods, during which time the supply of goods is constricted. They can speculate or hedge their trades and book significant profits resulting from shortages.

Traders can derive the following benefits of commodity trading:

  • Commodity trading allows investors to diversify their investment portfolios by adding a different asset class to them.
  • Commodities assist traders in hedging their investments against inflation since the prices of commodities typically rise during high inflation periods. Hedging allows investors to maintain their purchasing power parity.
  • Geopolitical events like natural disasters, economic crises, wars, etc., lead to scarcity of commodities, and by extension, increased prices. Trading commodities allows traders to guard their losses by leveraging price swings strategically.

You can open a commodity trading online account with a SEBI-recognised brokerage firm in India. You only need to fill an online form and submit the necessary KYC documents – PAN, ID, Address proof documents, and your income proof documents. You also need to submit your DEMAT account details so that the broker can link your commodity trading account to the DEMAT account. Linking the two accounts enables the broker to debit or credit your derivatives. Once you provide these details, you can pay the account activation fee, and the broker opens your account. You will receive your Trading ID and password, and you can begin commodity trading.

The different types of commodity trading products in India primarily comprise the following categories:

  • Agricultural commodities like pulses, rice, cotton, rubber, legumes, etc.
  • Metallic commodities and industrial metals like gold and silver coins, bullion, bars, aluminium, lead, copper, etc.
  • Energy resources like coal, crude oil, natural gas, etc.

Commodity traders in India are primarily categorised into two types – speculators and hedgers. Speculators, also known as intra-day traders, typically try to exit their long or short positions on the same trading day or after a few days. These traders are known to be direction-agnostic, i.e., they leverage their trades as per market momentum by relying on technical charts to base their trades. On the other hand, hedgers take an offsetting or contrary position in their investments to balance their gains and losses from an underlying asset. They take on an opposite position that allows them to protect themselves against price movements and cover all their bases to ensure they take the minimum risk on their investments.

In India, commodity trading takes place on six exchanges, namely:

  • Multi Commodity Exchange (MCX)
  • National Multi Commodity Exchange (NMCE)
  • Indian Commodity Exchange (ICEX)
  • National Commodity and Derivatives Exchange (NCDEX)
  • The Universal Commodity Exchange (UCX)
  • Ace Derivatives Exchange (ACE)

The commodity market timings depend on the type of commodity being traded. You can trade in agricultural commodities from IST 9:00 AM to 5:00 PM from Monday to Friday. The trade timings for non-agricultural commodities is IST 10:00 AM to 11:30 PM during summers and IST 10:00 AM to 11:55 PM during winters from Monday to Friday.

Yes, commodity trading is classified as derivatives trading. Per SEBI guidelines, if you wish to conduct derivatives trading, you must submit your income proof documents. The list of valid income proof documents include

  • A copy of your Bank Account Statement for the last 3 months
  • A copy of your DEMAT account holding statement
  • A copy of Form 16
  • Latest Salary Slip
  • Copy of duly filed Tax Returns
  • Net Worth Certificate
  • Copy of Annual Accounts.

Andheri Office :
Unit No. 502, 5th Floor,Leela Business Park , Andheri Kurla Road,Near Airport Road Metro Station,
Andheri (E),Mumbai – 400 059. Tel No : 1800 210 0818

Registered Office:
Unit No. 506, 5th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (E), Mumbai – 400 098.
CIN Number : U65990MH2017FTC300493

Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limits. Statutory Charges/Taxes would be levied as applicable.

Compliance Officer: Mr. Himanshu Parekh (Stock Broking and DP Activities) Email -, Tel No: - 022-41887777

Mirae Asset Capital Markets (India) Private Limited (“MACM”) offer its online retail stock broking services under brand m.Stock
Registration Details: SEBI Stock Broker Registration No.: INZ000163138 – Membership in BSE – Cash Segment (Clearing Member ID: 6681), BSE Star MF Segment (Membership No : 53975) and in NSE – Cash, F&O and CD Segments (Member ID: 90144), Membership in MCX – (Member ID: 56980), SEBI Merchant Banking Registration No.: MB/INM000012485, SEBI Research Analyst Registration No.: INH000007526, SEBI DP Registration No: IN-DP-589-2021, CDSL DP ID: 12092900, CIN: U65990MH2017FTC300493. AMFI Registered Mutual Funds Distributor: ARN-188742.Tele No: 18002100818. In case of any grievances, please write to
*Special Administrative Region of the People's Republic of China
**Account would be opened after all procedure relating to IPV and client due diligence is completed.