Investmentz” is the vision by Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL), part of Mumbai based Nucleus Group, jointly promoted by two market Veterans, Mr. Asit C. Mehta, and Mrs. Deena A. Mehta.

ACMIIL is one of the most trusted names of broking services in India. It is a corporate member of the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and a DP with a central depository of India (CDSL). ACMIL offers a full bouquet of financial services. Established in 1986, ACMIIL is a trusted brand among more than 1.5 lakh customers.

One can open accounts in Equity/Derivatives/Mutual fund/currency Derivative/IPO

There are two types of account that can be opened:
Individual Category: Individual/Minor/NRI
Non-Individual Category: Proprietary Firm//HUF/Partnership Firm/Corporate/LLP/Trust

ACMIIL is a depository participant – the intermediary between CDSL and you. It is very easy to open a demat and trading account with ACMIIL. Here are the key things that you require:

  • Filled application form for opening demat
  • Passport size Photographs
  • Proof of identity (Driving Licence, Voter’s Id, Aadhar Card)
  • Proof of address (Passport, Driving Licence, Voter’s Id, Aadhar Card)
  • Copy of PAN card
  • Bank proof

Note: All documents should be Self Attested.

ACMIIL DP: KRA/CKYC compliant then provide only Bank proof and other information in context with the trading account to be filled in the application form.
OUTSIDE DP: KRA/CKYC compliant then provide Bank proof along with client master list of other DP and other information in context with the trading account to be filled in the application form.

  • BOI: 600+GST (18%)
  • Invest+: 200+GST (18%) [min-margin : ₹ 1000]
  • Syndicate: 400+GST (18%)

In-person verification refers to the confirmation of the physical existence of the person opening an account with us and is mandatory as prescribed by SEBI.

The following are the list of documents required:

a. Proof of Identity : Copy of PAN Card
b. Proof of Address : Copy of any one of the following (self attested)

  • Passport
  • Ration Card
  • Voter’s ID
  • Driving License
  • Electricity Bill (not more than 2 months old)
  • Landline Telephone Bill (not more than 2 months old)
  • Bank Pass Book
  • Aadhar Card

c. Bank Proof: Copy of Bank Pass Book or Personalized Cheque leaf (For Existing Bank Account Holders Only)
d. Latest Photograph (Single copy)
Note: All documents should be Self attested.

Your account will be opened within T+2 working days on receipt of your completed application form.

Yes, while account opening Bank proof is required for updating the Bank records in Trading and demat account. This is for ease of movement of funds from you to ACMIIL and vice versa. This would also enable you to get dividends declared (if any) on the stocks held by you in your demat account.

Welcome Kit containing details of your account with us.

A mandate is an authorization given by you to your bank to debit your account automatically for a specified amount on a pre-specified date.

This is necessary especially when you have opted for Systematic Investment Plan (SIP) for Mutual Fund, and ensures that your installment is paid to the AMC when it is due.

A power of attorney or POA is nothing but written permission or authorization given by you to your broker to represent you, the client, or act on your behalf in matters specified in the POA.
Here you will be the principal, grantor, or donor of the POA and the broker will be your agent. But remember it is a limited purpose POA where the broker has specific rights as mentioned in the POA for fulfilling pay-in obligations, applying on your behalf for MF, IPO, etc.

The Demat account stores the shares that you buy – both online and offline. So, when you buy any share (of course for delivery) it goes to your Demat account. This happens automatically and does not need any intervention. The problem arises when you need to sell them or maybe pledged them. An outflow of shares from your Demat account does not happen automatically when you sell them online. This is where a POA is required.
In the absence of a POA, For the sale of shares, you will need to sign a delivery instruction slip that has to be submitted to the Depository Participant on time for the release of shares from your Demat account for sale.
The process is cumbersome, time-consuming and had the risk of option if the instruction slip is not deposited on time. But online broking has made it all easy. But the broker can’t still access your Demat account unless you give them a written authority to do so. This is what the POA does. It gives the broker the authority to access your Demat account and releases the shares being sold.

Yes, you can register nominees by filling up the nomination form.

You can transfer funds to your broking account with us by way of National Electronics Fund Transfer (NEFT) to the account of Asit C. Mehta Investment Interrmediates Limited.

Customer Service Desk – 022 2858 4545 or e-mail –

For online account opening, the following steps are required:
1.Click on the registration link
2.Fill the KYC form
3.Go for IPV
These three easy steps ensure that your account is opened within 15 minutes.

IPV is the process to verify your documentation for opening an account with Investmentz. It requires a government-issued ID proof & address proof for the verification.

We are opening your account by digital signature but you need to sign the Power of Attorney (POA) document. The POA will be couriered to your registered address. If you wish to nominate, the courier will include the nomination form as well as the POA document.

Yes, you can link your existing Demat account with Investmentz.

You can trade from Investmentz web trading platform available on our website.

After the execution, you will receive a notification in the webtrade. You would also receive a contract note on your registered e-mail id for trades executed by you during the day.

You can trade in Index, Futures & Options, and currencies, with NSE equity, NSE derivatives, NSE currency, BSE equity and BSE derivatives.

Only you will know your Login ID and Password, as these are stored in encrypted form with us.

From the ‘Watchlist, you need to select the stock in which you want to trade. Pop up to select the buy/sell option, select order type and time in force, fill in the quantity to buy/sell and click the trade button.

It is really quite simple. All you have to do is to follow the 3 steps process given below:
A. Open a demat account
You can open a zero balance demat account with us. A few KYC (know your customer) documents would be required, which will be told to you at the time of account opening.

B. Open a trading account
You can open a zero balance trading account with us. A few KYC (know your customer) documents would be required, which will be told to you at the time of account opening.

C. Linking your existing bank account
Your current bank account will be linked to the trading and demat account to ensure that there is a smooth fund flow to you account when you buy or sell shares

You can call or email us at to complete these initial formalities and then you can start buying and selling shares over the internet or through the phone.

Once your account is opened, you can place the following orders:
a) Intraday & Delivery
b) Day & IOC (Immediate or Cancel) Order
c) Regular & AMO orders

Intraday trading is when you buy and sell a stock within the same day. On the other hand, when you purchase shares and hold them overnight, it is known as delivery trading.

An IOC order allows you to buy or sell a security once the order is released into the market. However, if it fails, the order is removed from the market. Day order allows you to buy and sell security, and if it is not filled during the trading session, it gets cancelled  automatically on the same day.

Regular order is the order that is placed in the regular market hours between 9.15 a.m.-3.30 p.m. from Monday to Friday. After Market Order (AMO) helps you to place an order beyond the regular trading hours, which is executed when market opens the next time.

Yes, you can place your order on a phone call. After execution of the order, you will receive a notification as well as an email on your registered Email ID.

The last traded price is simply the last buy / sale price of a particular security. It is also known as “Current Market Price.”

When you sell a stock, the price received for that, is the bid price.When you plan to purchase a stock, the price you get for it is the ask price.

You can view your daily transactions in Today’s Position tab.

You can see your Holding in Holdings tab.

Select “pending” under tab which will show you all your pending orders.

The bell icon, which is present on the top right corner of the webtrade will provide you the notifications details.

To view the reports you need to select ‘report’ option from main menu.

It will take T+ 1 day for funds to reflect in your account.

You can link your existing Demat account with the KYC process.

A mutual fund is a mechanism for pooling money by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in the offer document.
Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is diversified because all stocks may not move in the same direction in the same proportion at the same time. Mutual funds issue units to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as unit holders.
The profits or losses are shared by investors in proportion to their investments. Mutual funds normally come out with a number of schemes which are launched from time to time with different investment objectives. A mutual fund is required to be registered with the Securities and Exchange Board of India (SEBI) before it can collect funds from the public.

If you have a Demat account with ACMIIL, monthly demat statements will be sent to your correspondence address registered with us.

Different investment avenues are available to investors. Mutual funds also offer good investment opportunities to investors. Like all investments, they also carry certain risks.
The investors should compare the risks and expected returns after adjustment of tax on various instruments while taking investment decisions. The investors may seek advice from experts while making investment decisions.
With an objective to make the investors aware of the functioning of mutual funds, an attempt has been made to provide information in question-answer format which may help the investors in making investment decisions.
Mutual funds are a vital tool to ensure your financial well-being. They help you to get better returns even from relatively smaller investment amounts, and are quite flexible in nature. Whether you want to invest a small amount at regular intervals or a big lump sum amount at once, you will find a mutual fund product suitable for your needs. With options like SIP (Systematic Investment Plan) and SWP (Systematic Withdrawal Plan), mutual funds can help you plan for short-term as well as long-term goals and financial liabilities.

Any category/type of investor can invest in Mutual Funds, so long as the basic eligibility requirements like possessing the appropriate documents, account details and completing the KYC process are taken care of.

  • Resident Indians
  • Non-resident Indians (NRI)
  • Persons of Indian Origin (POI)
  • Indian Public Sector Undertakings
  • Indian Private Sector Undertakings
  • Parents/Guardians on behalf of minors
  • Wakf Boards
  • Hindu Undivided Family
  • Sole Proprietorship Firms
  • Partnership Firms
  • Cooperative Societies
  • Charitable or Religious Trusts
  • Trustee, AMC or Sponsor of their associates
  • Endowment or Registered Societies
  • Army/Air Force/Navy/Para-Military funds and other eligible institutions
  • Scientific and/or industrial research organizations
  • And other associations, institutions, bodies, etc., authorized to invest in mutual funds

Individual – Resident Indian citizens need to submit only their KYC documents along with the application forms to invest in Mutual Funds.
NRI – Non-resident Indians need to submit the following supporting documents in addition to PAN as proof of identity and address: If any of the KYC documents are in a foreign language, they have to be translated into English before submission. Certified true copy of their passport Certified true copies of proofs of overseas address and permanent address.
Corporates –
Balance sheets of the last 2 financial years (to be submitted every year)
Latest share holding pattern, including list of all those holding control either directly or indirectly in the company, in terms of SEBI
Takeover regulations, duly certified by the company secretary/whole-time director/MD (to be submitted every year)
Photograph, POI, POA, PAN and DIN numbers of full-time directors, or two directors in charge of day-to-day operations
Photograph, POI, POA, and PAN of individual promoters who hold control, either directly or indirectly
Copies of the memorandum, articles of association, and certificate of incorporation
Copy of the board resolution for investment in securities market
List of authorized signatories with specimen signatures
Partnership firms:
Balance sheets of the last 2 financial years (to be submitted every year)
Certificate of registration (for registered partnership firms only)
Copy of partnership deed
List of authorized signatories with specimen signatures
Photograph, POI, POA, and PAN of the partners

Hindu Undivided Families:
PAN of the HUF
Deed of declaration of HUF/List of coparceners
Bank passbook/statement in the name of the HUF
Photograph, POI, POA, and PAN of the Karta
Balance sheets of the last 2 financial years (to be submitted every year)
Certificate of registration (for registered trusts only)
Copy of trust deed
List of trustees managed by managing trustees/CA
Photograph, POI, POA, and PAN of the trustees

There are three ways in which you can classify mutual funds, according to their structure, their objective and the sectors they invest in. Here’s a quick round-up of mutual fund categories for all three classifications.


Open-Ended Schemes: Schemes without a fixed maturity period, that let you subscribe for or redeem units any time. They offer the benefit of liquidity.

Close Ended Schemes: Close Ended Schemes: Schemes with a fixed maturity period, which are open for subscription for a specified duration during the launch, and allow you to invest in them from 3-10 years. After the launch, interested investors can buy or sell units of the scheme on stock exchanges where they are listed. As an exit route, closed mutual funds necessarily have to offer either a repurchase at market value, for a specific time frame or allow trading of units on stock exchanges.

Interval Schemes: A combination of open-ended and close-ended schemes, interval schemes are open for sale and repurchase only during a specific duration.


Growth Schemes: Schemes that invest in equities and are designed to offer maximum growth over the medium and long term, ideal for investors who are in their prime earning years. These schemes are comparatively high risk and offer investors options like capital appreciation and dividend option.

Income Schemes: These schemes invest in fixed income securities are less risky, and a good option for investors who want to generate steady income streams.

Balanced Schemes:  Investments are done in equity and debt securities to generate regular income and moderate growth. They invest 40% and 60% in equity and debt respectively, and their NAVs are likely to be less volatile than those of pure equity schemes.

Liquid Schemes: Safe, short term instrument investments to generate quick returns while still offering liquidity. Returns on these schemes fluctuate much less as compared to other funds and they are a good option for individual investors who want to park their surplus funds.

Gilt Funds: For investors who are looking for extremely safe investments, these schemes invest only in government bonds and securities. While these schemes have no default risk, their NAVs still fluctuate as a result of a change in interest rates and other economic factors.

Tax Saving Schemes:  Investments in funds that offer a tax deduction or whose returns in the form of dividends are not taxed. These tax rebates are offered by the government to incentivize investments. The funds are mainly invested in equities and growth and opportunities associated with tax saving schemes are similar to those of equity schemes.

Index Funds: These funds invest exactly according to the portfolio and weight of a specific stock exchange index. Their NAVs rise and fall according to the changes in the index, with a slight difference in percentage. These could also be Exchange-traded Funds (ETFs), which get traded on stock exchanges.

Special Schemes

Sector Specific Funds: Invest in funds of companies based on certain sectors that are booming or are expected to do well in light of the prevalent market situations. The returns of these funds depend on how the sector performs, and it is important to track sectors carefully, or seek help from an expert while investing in these funds. Though high on returns, these funds tend to be more risky as compared to diversified funds.

Yes NRI’s can invest in Mutual fund in India.  All details about the regulations and procedures for NRI investments in a particular scheme are available in the offer document of that mutual fund scheme.

An investor must mention clearly his name, address, number of units applied or such other information as required in the application form. He must give his bank account number so as to avoid any fraudulent encashment, cheque,draft issued by mutual fund at-later date for purpose dividend or repurchase any changes in the address bank account number etc at-later date should be informed to mutual fund immediately.

You will receive it within a week time AMC sent account statement on the address available in CKYC database.

According to SEBI regulations, transfer of units needs to get done within thirty days from the date of lodgement of certificates with the mutual fund.

  • Advertisements in leading newspapers
  • Websites of mutual fund companies
  • Agents and distributors of mutual funds
  • Banks and post offices that function as distributors of mutual funds

Remember that banks and post offices are not responsible for the performance of the funds they distribute and it is always advisable to track performance of funds before investing rather than relying on agents and distributors who give you gifts or incentives to invest in a particular fund.

The performance of your mutual fund is reflected in its Net Asset Value (NAV), which is declared at the end of every business day. These are accessible on the website of the Association of Mutual Funds in India (AMFI), where it is mandatory by law, as well as on the fund’s own website. The mutual fund company also has a legal obligation to publish an annual report as well as a half-yearly report on the performance of their mutual funds. Some mutual fund companies may send this out to investors too. Apart from NAV, a ratio of the mutual fund’s returns / yields tracked across time periods ranging from the last 6 months, I year, 3 years, 5 years and since inception is used as a performance measure. Apart from these, various studies are published by financial newspapers and research agencies which provide insights on the performance of funds as well as their ranking in terms of performance. These could be looked at to track performance and you could even compare fund performance with that of other funds in the same category to judge how well it is doing.

An NFO or New Fund offer is a new opportunity for investor to invest. An NFO could be the offer for a new mutual fund scheme that is being launched by the company, and alternately, the NFO could also be the launch of additional units of existing close-ended funds, that are available for investing.

Yes, . A nominee can be appointed by individuals who hold mutual fund units jointly or singly. However non-individuals including society, trust, body corporate, partnership firm, Kata of Hindu undivided family , holder of Power of Attorney cannot appoint a nominee.

In case a scheme winds up, the mutual fund will pay out a sum based on prevailing NAV, after adjusting for the expenses. You will also receive a report on the winding up, which will include all the necessary details.

You can contact our Customer Service Desk at 022-28584545.

A portfolio management service is a customized service account that is handled by an experienced fund manager along with his team. It allows individuals to attain investment objective by providing a flexible option in the portfolio. Although fund managers oversee hundreds of portfolio account your account will be unique.

Individual, H.N. I’S & Institutions.

Our respected regulator has minimum criteria of investment sum of Rs. 25 lacs and above as basic investment.

Professional handling of portfolio tailor-made to the needs.

Yes, as the service is personalized, unlike Mutual Funds that go by the herd mentality of the same portfolio for all at different times.

You get a separate code of your account and you can see your own investment even daily.

You can ask for a portfolio to be designed to your needs with your Fund Manager.

You can talk to the Fund Manager and explain your needs.

You can do it by online banking or by giving a cheque and opening a separate P.M.S. account.

Yes. It is subject to market fluctuations.

Exit within one year: Short term Capital Gain
After one year: Long term Capital Gain

NO. Existing stocks cannot be merged with PMS account.

At the end of completion of one year, you can discuss with the Fund Manager and book your profits.

By meeting the Sales team on ACMIIL or calling the Fund manager in ACMIIL. Call on 28583458 or 3457.

1) POP – Point of Presence
2) POP-SP – Point of Presence – Service Provider
3) PFRDA – Pension Fund Regulatory and Development Authority
4) PRAN – Permanent Retirement Account Number
5) CRAs – Central Recordkeeping Agencies
6) PFM – Pension fund managers
7) ASP – Annuity Service Providers
8) KCRA – Karvy Computer Shares Pvt Ltd
9) AIF – Alternative Investment Funds
10) KYC – Know Your Customer
11) AUM – Assets Under Management
12) PAN – Permanent Account Number

National Pension System (NPS) is a scheme allows subscribers to contribute regularly in a pension account during their working life. On retirement, subscribers can withdraw a part of the corpus in a lumpsum and use the remaining corpus to buy an annuity to secure a regular income after retirement. NPS is an easily accessible, low cost, tax-efficient, flexible, and portable retirement savings account.

Any Indian citizen (resident or non-resident), subject to the following conditions, can join the NPS Scheme:

  • On the date of application to the POP/POP-SP, the applicant must be in the age bracket of 18 – 65 years.
  • The applicant Indian citizen can either join the NPS as an individual or a corporate. However, this is subject to submission of all the required information and Know your customer (KYC) documentation.

Yes, An NRI can open an NPS account. However, the contributions made by NRI will be subject to regulatory requirements prescribed by RBI and FEMA. Moreover, if the Indian citizenship status of the NRI subscriber changes, their NPS account would be closed.

No.HUF, OCI and POI are not allowed to join NPS.

NPS is distributed through authorized entities called Points of Presence (POPs). One will have to open an NPS account with a POP to invest in NPS. The POP will provide the subscriber with all the help with regards to account opening.
One can enroll online as an individual subscriber with Aadhar using the following steps:
1 ) Visit:
2) Select Applicant Type: Individual Subscriber, Status of Applicant: Resident of India, and Select Account Type as per your preference (Tier 1 – is Pension Account & Mandatory) (Tier 2 – is Saving Account & Optional), Enter Aadhaar number and OTP
3) Next, you fill all your details and make your initial contribution online. Please make a note of the Acknowledge Number given at the time of registration. With the help of acknowledge number, a subscriber can check the status of the application.
4) Upon successful registration, the subscriber will receive a welcome kit within 10 working days. The welcome kit will contain PRAN card (Permanent Retirement Account Number is a unique registration number allotted to each subscriber in the CRA system), subscriber information, and product information.

An individual opening the Individual Pension Account using the NPS platform ( have to upload the scanned photograph and signature in *.jpeg/* format with file size ranging between 4-12kb. However, this is optional for individuals opening an Individual Pension Account with Aadhaar details.

Yes. You are required to appoint a nominee while opening your NPS account. This has a clearly specified section in the account opening form, which allows you to appoint up to 3 nominees for NPS Tier I and NPS Tier II account. In case you make a nomination, you are required to specify the percentage of your savings that you wish to allocate to each of the nominees, with total aggregating to 100% of your total savings.

Yes. Nominees in your NPS Tier I account can be changed at any time after receiving your PRAN.

The following table provides the complete information on the minimum contribution requirements:

However, to avail of tax benefit u/s 80CCD (1B), you can deposit Rs. 50, 000 at once in your Tier I Account.

At what stage of the online process will I be able to know that my online application has been accepted and I have been allotted a Permanent Retirement Account Number?

Upon successful registration and completion of online payment, the applicant will receive an online receipt, after which the Permanent Retirement Account Number (PRAN) will be generated. The subscriber will receive SMS and email alerts.

What happens after successful registration? What intimation does the subscriber receive?

After successful registration, the PRAN kit (consisting of PRAN Card, Subscriber’s data and Information booklet) will be dispatched to subscriber at his correspondence address. The T-Pin and I-Pin are sent separately to the registered address.

What is PRAN Card?

PRAN is the Permanent Retirement Account Number. It is a unique registration number allotted to each subscriber in the CRA system. This number will remain with the subscriber as long as he/she remains a subscriber in the NPS system. Moreover, it will not change despite the contributor moving to a new job or another location owing to transfer. PRAN is used to identify all the transactions relating to a subscriber.

When will the contribution paid online get reflected in my PRAN?

Online contributions normally take around 3-4 working days to get reflected in your PRAN.

What are different types of NPS Account?

Under NPS, a subscriber can open two types of accounts – Tier I and Tier II. A Tier I account is mandatory to open to join the NPS. Difference between Tier I and Tier II accounts are as mentioned below:

No. You are not allowed to have multiple NPS accounts as an individual, especially since NPS is highly portable across sectors and locations, which doesn’t create the need to have multiple accounts.

No. It is an optional account, which you can open at a later date.

The PRAN gets frozen in case the subscriber fails to contribute minimum Rs.1000 in his/her Tier – I NPS Account. This will not allow the subscriber to perform any transaction in Tier – I and Tier – II NPS Accounts.

This can be done by paying Rs.500 as minimum contribution amount and Rs.100 as a penalty. You will need to add the POP charges as well.

NPS offers 3 funds options to subscribers

  • Equities (E)
  • Corporate Bonds (C)
  • Government Securities (G)

The investment towards equity funds us restricted to 50% of the contribution amount for Tier I and Tier II NPS Accounts. However, the subscriber can invest up to 100% in corporate bonds or government securities fund.

The NPS provides its subscribers with the flexibility of investing in its schemes through the following two approaches:

Active choice

–This option allows the subscriber to decide the asset classes in which he intends the contributed funds to be invested along with their respective percentages (Asset class E, Asset Class C, and Asset Class G).

Auto choice

–This option allows the subscriber to choose from three lifecycle funds –

Aggressive Life Cycle Fund (LC75), Moderate Life Cycle Fund (LC50),and Conservative Life Cycle Funds (LC25)

.Lifecycle funds enable automatic management of invested funds of the subscriber based on his/her age. Moderate Lifecycle Fund (LC50) is the default option under NPS.

Following are the six Pension Fund Managers that NPS allows you to choose from currently:

  • HDFC Pension Management Company Limited
  • ICICI Prudential Pension Funds Management Company Limited
  • Kotak Mahindra Pension Fund Limited
  • Reliance Capital Pension Fund Limited
  • SBI Pension Funds Private Limited
  • UTI Retirement Solutions Limited
  • LIC Pension Fund Ltd.

Returns from NPS are market-linked and depend on the performance of Equity, Corporate Bonds, and Government Securities funds, which helps build the corpus.

Yes. That can be done, but only twice in a given financial year.

Yes. That’s the added flexibility a subscriber enjoys. Again, this can be done twice in a given financial year.

Yes.NPS provides its subscribers with the flexibility to alter their contribution amounts as per their suitability.

Yes. You can use it for buying an annuity plan.

Subscriber will receive a Statement of Account at the registered address once a year. This will list out all the details of contributions, investment, unit balances, NAV, and charges deducted. Moreover, the subscriber can always login to view the Statement of Account.

Yes. The subscriber will receive email and SMS alerts to their registered email ID and mobile number once the contribution gets credited to the NPS account.

Following are the tax benefits available to subscribers on their contributions:

Yes. A subscriber can withdraw up to 25% of the contributed amount from the Tier – I NPS Account after 3 years. Moreover, the subscriber can withdraw twice from the Tier I NPS Account after a gap of 5 years from the first withdrawal.

A subscriber is allowed to withdraw from Tier – I NPS Account only for specific purposes such as child’s marriage, higher education, and treatment of critical illnesses.

A subscriber can exit from NPS after 10 years of account opening or attaining 60 years of age whichever comes first.

The NPS has imposed restrictions on lumpsum amounts being made accessible to subscribers on exit, which are mentioned below:

Upon attainment of the age of 60 years:

  • At least 40% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of annuity providing for monthly pension to the subscriber
  • The balance is paid as lumpsum payment to the subscriber
  • However, the subscriber has the option to defer the lumpsum withdrawal until the age of 70

At any time before attaining the age of 60 years:

  • At least 80% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of annuity providing for monthly pension to the subscriber
  • The balance is paid as a lumpsum payment to the subscriber

Death of the subscriber:

  • The entire accumulated pension wealth (100%) would be paid to the nominee/legal heir of the subscriber
  • There would not be any purchase of annuity/monthly pension

Non-financial transactions include change of address, contact details, and change/addition of nominee.

FAQS on Ombudsman under NPS/APY - Annexure A download

An agreement to buy or sell a standard quantity (one lot or its multiples; 1 Lot = USD1,000) or in (GBP,EUR. JPY Vs INR) of a specific foreign currency (FX against INR) at a specified future date (near 12 calendar month ends) through an exchange (NSE or BSE) at an agreed price.
Since its traded on exchange it’s also called as Exchange Traded Currency Derivatives.

The types of Exchange Traded Derivative Contracts permitted are:
1. Currency Futures
A currency futures contract is a standardized form of a forward contract that is traded on an exchange. It’s an agreement to buy or sell a specified quantity of an underlying currency on a specified date at a specified price. In India, currently, four currency pairs are traded (USD/INR, EURO/INR, GBP/INR, and JPY/INR) with a lot size of 1000 units of the base currency, except JPY where the lot size is 100,000. Settlement for the customer is, however, done in Rupee terms and not in the foreign currency.
2. Currency Options
Currency Options are contracts that grant the buyer of the option the right, but not the obligation, to buy or sell an underlying currency at a specified exchange rate during a specified period of time. For this right, the buyer pays a premium to the seller of the option. In India Exchange Traded Currency Options are available in USDINR, with a lot size of 1000 units of the base currency. Settlement for the customer is, however, done in Rupee terms and not in the foreign currency.

  • Exchange Traded
  • Standardized
  • Counter-party risk is absent (Settlement of trades is guaranteed)
  • Requirement of margins
  • Marked-to-Market everyday
  • Net-Settled in INR
  • Participation possible without underlying
  • Bid – Ask spread as low as 0.0025 INR, (near month)
  • Absolute price transparency – same real time outright price available to you
  • Can trade/hedge as small as $1000 without price and client discrimination
  • Total accessibility – remote trading platform possible on your desktop / laptop
  • Best 5 orders available in the market can be accessed/seen easily by you

Safe compared to Share trading
It provides transparent prices.
You can Trade USD/EURO/GBP and JPY against INR
Standardized, exchange-traded and guaranteed by the clearing corporation.
You can take benefit of arbitrage on the prices between OTC and futures market.
One may hedge the underlying exposure and protect the earnings from the volatility of the market place.

Regular Traders – who want to do view, based trading
NRIs – Who invest in India and want to insulate themselves from currency risk
Arbitrageurs – who want to take benefit of the price difference on various exchanges
Hedgers – Who want to hedge Export / Imports or Foreign exchange Loans

Clients need to put a margin for taking a position and in order to trade in ETCD market.

One need to have a specific amount deposited into margin account to buy currency in trading account, it can be in the form of cash or collateral as specified by the regulators example. Of accepted collateral are stocks, mutual funds, Bonds, and Fixed deposit.

No there is no needs to open a separate Demat account. However, clients need to provide cash or collateral for taking a position.

Most commonly used exchanges are NSE (National stock exchange) and BSE (Bombay stock exchange).

Currency trading is not done through one central location, it is actually conducted by electronic communication networks and mobile networks around the world.

The most important factor that determines the currency prices is supply and demand.
Interest rates, inflation, international trade and political stability are the other factors that determine the market.

Spread is the difference between the price quoted for Immediate Sale (offer) and Immediate Purchase (BID).

No! There is no need to open a new account for trading in currency. Only an additional segment code will be assigned to you when you express your interest in ETCD.

A fixed deposit or FD is a specific financial instrument that is offered by banks and NBFCs in India. These offer higher interest rates than regular savings accounts to investors until the prefixed maturity date. Fixed deposits are considered one of the safest investment avenues in India and are term deposits that yield high interest.

A Fixed Deposit encourages a healthy habit of saving and guarantees fixed returns without any anticipated risks. A fixed deposit allows you to put your idle savings to good use and grow your wealth.
You can also rest assured about your investment since most of FD in our basket is the fastest growing NBFCs from India’s most reliable and valued business houses. The company fixed deposits offer Higher Fixed returns then Bank fixed deposit. It also carries the Rating of AAA+ and followed the guidelines issued by NBFC.

Any Indian individual or family trust, club, association, society, HUF, sole proprietorship, partnership firm, company or group of companies can make a fixed deposits.

A prospective depositor has to fill prescribed “Deposit Application Form” along with all KYC documents and an accounts payee cheque/ Demand Draft/ NEFT/ RTGS in favour of FD Company. All Deposit applications are available at website. Deposit forms could be downloaded from company’s website.

Yes. You can make a deposit in the name of minor provided such minor is represented by his natural or legal guardian and the Application Form for the deposit is signed by the natural/legal guardian, on behalf of the minor. All communication in relation to the deposit shall be addressed to the guardian.

At ACMIIL, We deal with all AAA-rated company fixed deposit which followed under NBFC guidelines.

The interest rate differs from Company to company and tenure. The detail of each company interest rate is available under the website. We request you to visit the same.

There are two types of Fixed Deposits offered, i.e. cumulative and non-cumulative. In a cumulative fixed deposit scheme, the interest earned on the principal is compounded annually and is payable at the time of maturity of the fixed deposit along with the principal amount. This fixed deposit is ideal for investors willing to grow their wealth without having to depend on interest payouts at periodic intervals. The final payout of the principal plus the interest amount will be subject to tax deductions wherever applicable.
In a non-cumulative fixed deposit scheme, the interest earned on the principal amount is payable on monthly/quarterly/semiannually/yearly depending on the convenience and wishes of the investor. This scheme works for investors who need interest payments on a periodic basis.
Here’s how the interest amount will change when you choose a Cumulative vs. a Non-Cumulative FD:

a) Latest photograph
b) Certified copy of the proof of identifying (Passport, PAN (Mandatory), Voters ID, Driving License, Aadhar Card)
c) Certified copy of the proof of address. –(Passport, Aadhar Card, Utility bill) which is not more than two months old from any of the following service provider – electricity, telephone, postpaid mobile phone, piped gas, water bill
d) Certified copy of the proof of signature
In case the depositor has already submitted the above documents in his earlier deposit, then he need not submit the above documents again, but has to provide the reference of his customer number or deposit number.
List of Individual Document:-Id Proof (Anyone – Self-attested):, Passport, PAN (Mandatory), Voters ID, Driving License, Aadhar Card, Address Proof (Any one – Self-attested):

Min tenor – 12 months
Max tenor – 60 months

There are no charges levied to open your Fixed Deposit account.

The nominee needs to fill in a form and request to encash the FD at the branch. In case of joint account holders, change in the names of deposit holders on deposit receipt and / or bank account to which interest and /or principal shall be credited shall be effected only on the production of a copy of the Death Certificate, certified to be true by notary public, without reference to the heirs and/or legal representatives of the deceased and instruction to the Company in this behalf by all the surviving deposit holder(s) jointly in writing.
In any other case, it will be necessary for the legal representative of the deceased depositor to produce Succession Certificate/Letter of Administration/Probate of the Will, etc. to the satisfaction of the Company.

We regret to inform you that tenure selected for the fixed deposit account cannot be changed once the account is opened. In this case we suggest that you can close your existing fixed deposit account and open a new account with a desired tenure.

under Section 194A of the Income Tax Act, 1961, in case of interest earned from investments in fixed deposits floated by NBFCs, exceeds Rs. 5,000, interest income is taxable. At a PAN Card level for the depositor, his interest income will be arrived at after consolidating all his Fixed Deposits. TDS will be calculated by respective FD Company and paid into the government account as per the interest payment frequency. The TDS certificate will be provided to the depositor every quarter. In case the depositor provides 15G/15H during the application stage, he will be exempted from paying tax on his interest income.

If the aggregate interest income a customer is likely to earn for all deposits is greater than Rs.5,000/- in a financial year, depositor becomes liable for TDS. A customer can submit Form 15G (For Individuals and HUF) /15H (For Senior Citizen who is of the age of 60 years or more) or a certificate for lower/nil deduction of TDS issued by Income Tax Authorities u/s 197 of the Income Tax Act, 1961.
In case of NRIs, any amount of interest paid/credited during the financial year shall attract TDS.

There are no charges levied to open your Fixed Deposit account.

Customer can provide maturity instruction to ACMIIL while placing the original Fixed Deposit to renew it on maturity. Even, ACMIIL will send renewal reminders to you on your registered mail id. You will need to walk in to the nearest ACMIIL branch and mention the desire to renew your deposit by filling up the application/renewal form at least 7 days prior to the maturity date. Post 7 days prior to the maturity date, no request will be taken to renew the deposit account. You may renew only principal or principal along with interest.

The maturity amount will be transferred to the bank account mentioned by the depositor in the application form through National Electronic Fund Transfer/Real Time Gross Settlement modes only. The entire amount shall be transferred on the date of maturity of the deposit. In case of electronic account transfer bounce, the amount will be sent across to the depositor through cheque.

Individual FD account- requesting for a change in his bank account Customer would need to submit a written application for the same, self-attested. He also needs to submit a valid ID proof copy among with a canceled cheque with his name printed (if not printed, then bank statement of the same account needed)
Individual FD account – For any name change due to marriage, the lady applicant needs to provide a copy of marriage certificate along with a self-attested written application for change of name.
Joint FD account- requesting for a change in Bank details: Customer needs to submit a written application duly signed by all holders of the FD account, along with a canceled cheque of the new bank account with his name printed (if not printed, then bank statement of the same account needed).

The lock-in period for any FD is 3 months, before which the FD cannot be withdrawn. For premature withdrawal there are penalty slabs:
0 -3 mths – FD cannot be withdrawn
3 -6 mths – No interest is payable on the deposit. Only the principal is payable
>6 mths – interest payable is 2% lower than the interest rate applicable for the period for which the deposit has run for. In case of no interest specified for the period run, interest payable will be 3% lower than the lowest rate at which deposits.

FD Company does not accept cash payment for creating a Fixed Deposit account. Also, the deposit account cannot be created through borrowed funds.

Yes, below are the special category rates applicable:
Senior Citizens (more than 60 years of age, subject to provision of proof of age) – Additional rate of 0.25% p.a.

When an unlisted company makes either a fresh issue of securities or offers its existing securities for sale or both for the first time to the public, it is called an IPO. This paves the way for listing and trading of the issuer’s securities in the Stock Exchanges.

You can easily find ongoing and upcoming new IPO’s on exchange websites.
ACMIIL provides product notes, prospectus & research report well in advance prior to new IPO issue.

Stocks or shares of a company are offered to general public for the first time, in the form of an IPO. The Company will raise capital for the first time and it will be listed in the stock exchange. To complete the process of converting a private company into a successful public company, it will need a team of external expert advisors like auditors, lawyers, underwriters and accountants to deal with the unique challenges which come their way.

Limited capital up to Rs.15000, which can be arranged easily
Convenient to invest – broker, net banking etc with ASBA facility
Refund within 3-10 workings days for non-allotment of shares through ECS.

Not all IPOs are open to general public. The underwriters decide the category of people whom they want to invest in their Company. So, there are three kinds of applicants,
Retail Individual Investor (RII) – if you are an investor who applies for small value of shares
Non-Qualified Institutional Investor (NII) – if you are an investor who applies for large value of shares and you do not qualify as Qualified Institutional Buyer category. They include Companies, NRIs, Corporate entities, Trusts, and Societies.
Qualified Institutional Buyer (QIB)– the investor who bids for securities is a financial institution which is declared as companies in the section 4A of the Companies Act or a foreign institutional investor who is registered with SEBI.

To apply to an IPO you have to fill an IPO application form
You need to have a demat account
Active bank account linked to demat account for fund blocking

Investors are broadly classified under following categories:
Retail individual Investor (RIIs)
Non-Institutional Investors (NIIs)
Qualified Institutional Buyers (QIBs)
“Retail individual investor” means an investor who applies or bids for securities for a value of not more than Rs. 2, 00,000

The price band is a band of price within which investors can bid. The spread between the floor and the cap of the price band shall not be more than 20%. The price band can be revised. If revised, the bidding period shall be extended for a further period of three days, subject to the total bidding period not exceeding thirteen days.

Based on demand at various prices, the Issuer Company, in consultation with BRLMs decides the final price of the offer. The price thus finalized is called the discovered price.

As the name suggests, a “Fixed Price Issue” is an initial public offering (IPO) where the issuer at the outset decides the issue price & mentions it in the offer document.
It is a process of price discovery. In a “Book Built Issue” the price of an issue is discovered on the basis of demand received from the prospective investors at various price levels.

A Bid-lot is the pre-determined number of shares which have to be applied for by an investor. It is different for each issue. There is a minimum lot size which is pre-decided by the company and mentioned in the application form. Eg: Minimum bid lot in IPO of XYZ co. – 10 Bid-lot Multiples of 10 Price Band – 100-120. It means that a retail investor cannot apply for less than 10 shares in that particular issue. The application for more than 10 shares has to be in multiples of 10 like 20,30,40,etc

A retail investor can bid at any price within the price band or can bid at cut-off. “Cut-off price” means the investor is ready to pay whatever price is decided by the company at the end of the book building process. While making the application at Cut off, the investor is required to pay the amount at the highest price band. The excess amount, in case the price discovered is lower, is refunded. Cut-off option can be exercised only by Retail Investors and Employees of the issuing company applying in the Employee Category.

Pricing of an issue where one category is offered shares at a price different from the other category is called differential pricing. In DIP Guidelines differential pricing is allowed only if the securities to applicants in the firm allotment category is at a price higher than the price at which the net offer to the public is made. The net offer to the public means the offer made to the Indian public and does not include firm allotments or reservations or promoters’ contributions.

Presently, in issues made through book building, Issuers and merchant bankers are required to ensure online display of the demand and bids during the bidding period. This is the Open book system of book building. Here, the investor can be guided by the movements of the bids during the period in which the bid is kept open. Under closed book building, the book is not made public and the bidders will have to take a call on the price at which they intend to make a bid without having any information on the bids submitted by other bidders.

Hard underwriting is when an underwriter agrees to buy his commitment at its earliest stage. The underwriter guarantees a fixed amount to the issuer from the issue. Thus, in case the shares are not subscribed by investors, the issue is devolved on underwriters and they have to bring in the amount by subscribing to the shares. The underwriter bears a risk which is much higher in soft underwriting.

Once the subscription closes, one can make out probability of allotment.
e.g. XYZ ltd. issues IPO with lot size of 60, let’s assume that retail subscription was 5 times after closure.
So it’s clear that people who applied for 5 lots will definitely get atleast 1, but for those who applied for less than 5 lots it will be done on lottery basis. i.e. for those who applied for say 1 lot 1 of every 5 will get allotment.

Yes. The investor can change or revise the quantity or price in the bid using the form for changing/revising the bid that is available along with the application form. However, the entire process of changing of revising the bids shall be completed within the date of closure of the issue.

You can check the allotment of shares in your Demat account linked to ACMIIL trading account on date of IPO order.

The Initial Public Offering does not trigger any taxation. Taxes only apply when you sell the shares. Any gains over your cost-basis are taxed as capital gains. If you sell shares you have owned for less than 12 months for a profit, those gains are categorized as short-term gains. More than 12 months is considered long term
The rate that applies depends on all of the gains and losses incurred during the tax year. Net short-term gains are taxed at the same rate ordinary income would be. Net long-term gains are taxed at lower rates.

The refund amount will be either directly credited to the Bank account linked with your DP account or will be mailed by the Registrar in the form of Refund Cheque to the address mentioned in your DP account. It usually takes 3 to 10 days to get IPO refunds after IPO allotments are done by the registrar of the IPO.

As per current norms, the newly issued share has to be listed on or before the 12th working day after the issue is closed. Working backwards, this would generally mean that the allotment process and uploading of the shares, sending of refunds etc. have to be completed within 10 working days from the date of closure of the issue.

Lead managers are independent financial institution appointed by the company going public. Companies appoint more than one lead manager to manage big IPO’s. They are known as Book Running Lead Manager and Co Book Running Lead Managers.
Their main responsibilities are to initiate the IPO processing, help company in road shows, creating draft offer document and get it approve by SEBI and stock exchanges and helping company to list shares at stock market.

No, one person cannot apply multiple times through multiple applications for an IPO. It’s a rule and if you apply in an IPO though multiple applications with same name or same demat account or same PAN Number, all of your application will be rejected.

OFS is a relatively new mechanism, where sellers use a separate one day window provided by Stock exchanges for selling the stake.
The government of India is using the OFS option to offload its shares in public sector companies Under its disinvestment programme.

Any Retail investor with a trading and demat account can participate in OFS
All other market participates like individuals, Mutual Fund, Foreign Institutional Investors ( FIIS), Insurance companies, Corporate , Other Qualified institutional Bidders, HUF etc. can bid participate in the OFS process

The detail is available under the website invetmentz in OFS section.

If you are Existing Customer, you Can visit on our website and in OFS section and apply online by making online payment. Existing Customer Can visit on our website and in OFS section he can apply online by making online payment.

If you are New Customer you Can open Trading account by filling One Time Account opening Form with Necessary Documents (PAN Card and Address Proof) afterwards he can invest online through us.

New customer need to fill one time account opening form and provide us necessary document like Adhar and PAN Card for EKYC .

Floor price can be defined as minimum price at which an investor can apply under OFS. Any order below the floor price will not be accepted.
The seller can disclose the offer price on the day before the shares are offered, but after the closure of trading hours and before the end of business hours of the stock exchanges.

If you are Existing Customer, you Can visit on our website and in OFS section and apply online by making online payment. Existing Customer Can visit on our website and in OFS section he can apply online by making online payment.

Any individual investing upto Rs. 2 Lakhs in an OFS is considered a “Retail “ Investor.

The Allotment will be done on a price priority basis, which means those bidding with a higher amount have a greater chance of getting allotment.

The Allotment will be done on a price priority basis, so if the share is allotted to you the contract note will be print and sent to you in your registered email id.

Indicative Price is the volume weighted average price of all the valid/confirmed bids. The indicative price shall be separate for Retail Bids and Non-Retail bids. There shall be no indicative price display for the retail portion of OFS where “Sellers” provide retail investors an option for bidding at “cut-off” price.

Clearing Price / Cut off Price is the lowest price where the book is full and shares allotted to HNI category of investor.

Modification is only allowed during the OFS. i.e. between market hours of ofs.

For Non allotted bid the exchange credit the money to Broker on T+2 basis. Once we get the same the same will be credit to client ledger on T+1 basis.

You can contact your relationship manger or our Customer service desk at HO.

A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs when a fund is launched, allowing the firm to raise capital for purchasing securities. Mutual funds are one of the most common new fund offerings marketed by an investment company. The initial purchasing offer for a new fund varies by the fund’s structuring.

Yes. Any category / type of investor can invest in NFOs, so long as the basic eligibility requirements like possessing the appropriate documents, account details and completing the KYC process are taken care of.

One can get to know about new upcoming NFO through newspaper, AMC website, Mailers, one pagers issued by AMC.

No documents are required. Just Investor must be complied of KYC, FATCA should register and Aadhar should link.

Applicant must submit the physical application along with payee cheque to brokers, Respective AMC or even RTA. Additionally, the below mentioned online mode is also available:

  • AMC Online website
  • BSE Star MF platform
  • BIMF (BSe IBBS platform)

An investor ideally should submit one application. If multiple application are submitted by an investor/investor’s (with different holding pattern) the application will be clubbed on first/sole holder PAN for determining investor category (i.e. Retail Individual,NII)E.g. an individual Investor A, submits two applications of Rs. 150000 each with two different demat accounts with holding pattern as A,B and A,C,B. The total application under investor A’s PAN will be considered as Rs300000, Thus he will be categorized as NII and will not receive allotment under Retail Individual Investor category.

However, QIB and RF may submit multiple applications, as Anchor during Anchor Investor NFO period and another under QIB and RF during Non- Anchor Investor NFO period. Such application will not be clubbed at PAN level for allotment purpose.

No margin facility is available in NFO.For retail individual need to keep balance in bank.

All types of scheme can be come up in NFO.

Lock in period depends on the type of NFO, If is ELSS fund NFO or any thematic fund NFO lock-in period are pre-defined that is close ended NFO. Open ended NFO are free to trade after NFO closes.

One can make fund transfer to our registered bank account or can issue a cheque in the name of “ASIT C.MEHTA INVESTMENT INTERMEDIATE LTD.” If order placed in Demat mode or physical mode through BSE STAR MF platform. If client is going through physical mode then need fill up AMC form along with payee cheque.

Yes, One can register nominee. Whichever nominee is registered during account opening time that nominee will be captured.

That depends whenever NFO will come for any respective AMC they will mention how allotment will be done on a proportionate basis or on first-come first-served basis.

Yes allotment are guaranteed.

Once allotment is done on the allotment date, investor get SMS on their registered mobile number and registered Email through AMC as well as through their Brokers. If units are underlying in Demat mode than intimation are even received from their respective Depository.

If NFO is not allotted or If NFO not fully subscribed as much it was fund is required than NFO is aborted from AMC itself. Or else for any investor units are not allotted of NFO there could be reason if there is any issue with clients KYC, FATCA not complied, Aadhar not linked this are the reason where nits will be not allotted and refund will be initiated to registered bank of client within 5 business working days from AMC.

Refund will transferred to the registered bank, which registered at the time of applying in 5 business working day.

Investor can apply through cheque, NEFT , RTGS and even through ASBA (not all AMC provides thos facilities) along with the application form or invest online through your broker’s trading platform to apply for any NFO.


We have not release the fund through system; client has enter the payment request in our rp module than we will release the fund.


NO. Only After registering the New Bank details with us , You can give pay-out.

YES – You have send the addition form to add the Bank details.


You can transfer the fund through Neft, Rtgs, Mobile apps or payment gateway.
If you have transferred the fund through payment gateway, No need to Report the entry in our receipt payment module, but If you have transferred the fund through neft and Rtgs, you will have enter the pay-in entry in our receipt payment module.

Clients get regular payment request updates via sms  on every end of the day.

You have to enter the payment request before 10 a.m.


We do not give any effect of credit received. We ask for Statement from client from which such payment received and same is returned to such Bank.

You can call-to trade just by calling on 022-2858444 (Monday to Friday between 08:15 am – 04.30 pm.)

You can change (Reset) your account password from login page from forgot password section.

For Exchange / Depository / Mutual fund distribution / PMS related complaints, you may e-mail at or call at customer service 022-2858 4545 (08:30 am – 5.00 pm on weekdays and 09:30 am – 01:30 pm on 1st, 3rd, 5th Saturday).

You can track your account activation process by calling on customer service desk 022-2858 4545 (08:30 am – 5.00 pm on weekdays and 09:30 am – 01:30 pm on 1st, 3rd, 5th Saturday).

Once you login to your account you can click on forgot M-pin option and reset your m-pin.

You can find account modification and depository Related forms in the download forms section.

Customer service 022-2858 4545 (08:30 am – 5.00 pm on weekdays and 09:30 am – 01:30 pm on 1st, 3rd, 5th Saturday)OR Mail us at

We believe that the best returns to a portfolio come through disciplined, regular buying for the long term. You may buy a basket just once by manually purchasing the same stocks, but the returns you earn may not match our performance reports.

A basket has to be bought at least once a month, on a date of your choice. There is no upper limit to the number of baskets you sign up for.

Since buying is automated, we can only buy baskets on the dates that you mention while subscribing.

You have to subscribe for each type of basket individually.

In such a situation, the basket will be bought on the next date that the markets are open.

In such a situation, the basket will not be purchased. We will send you a reminder email and SMS, two days before the scheduled purchase so that you remember to transfer funds.

No, there is no such penalty.

We would tell you if we knew. To be safe, you can ensure that an amount equal to the previous day’s closing price + 5% is made available so that the basket purchase is successful.

To do that, you will have to complete an ACH Mandate form, which, due to regulatory reasons must be signed in physical form. Please email us at or contact your local office for more information.

Although there is no minimum tenure, we recommend that you sign up for at least 24 months to benefit from long term appreciation.

You know your risk-taking capacity the best. If you still need help deciding, there is a risk profile tool available on the home page of our website

Once you subscribe, you need not log in. Purchases will be made automatically until the subscription ends, subject to sufficient funds being available in your ledger account.

Just click on the ‘Get Started’ button at the top right hand corner of this page. You will be asked for your Client Code and PAN Number. Once you enter that, an OTP number will be sent to your registered mobile number. Upon entering the correct OTP, you will be redirected to the subscription page.

Yes, you must have equity and Demat account with Asit C. Mehta Investment Interrmediates Ltd. or with any of our branches or business associates. Alternatively, you can be a Bank of India or Syndicate Bank customer with a Demat account in the bank and an online trading account with Asit C. Mehta Investment Interrmediates Ltd.

You have to cancel the existing subscription and start a new subscription in the basket that you want.

You would have to do that manually.

You will have to sell your baskets or particular stocks manually.

You can track your individual basket performance under the ‘Equity SIP’ tab in the ‘Client Account’ section of the back office.

You can cancel a subscription under the ‘Equity SIP’ tab in the ‘Client Account’ section of the back office.

Please email us at or contact your local office for more information.