What is Delivery Trading? In India, “Delivery Trading” stands for taking or giving delivery of Shares in the DEMAT Account. A Delivery trade happens when a trader buys or sell shares & does not square off the position on the same day. These transactions are settled as per the T+2 […]
How to transfer funds to your Samco Trading account?
For anyone to start trading or to add more capital, they need to add funds to their trading account. Funds have to be transferred through the bank account linked to your trading account via UPI/ Payment Gateway/ NEFT/ RTGS/ IMPS or via Cheque in favor of Samco Securities. Gone are […]
What is Commodities Transaction Tax (CTT)?
Meaning of CTT or Commodity Transaction Tax The CTT Tax or Commodities Transaction Tax is levied on Trades made on Commodities Exchanges akin to Securities Transaction Tax – STT on Equity Trades. It is a tax payable to the Central government by commodity traders and therefore classified as a regulatory […]
What are Brokerage Charges?
While all Traders & Investors transact on Stock Exchanges in India such as Bombay Stock Exchange, National Stock Exchange or on Commodity Exchanges such as Multi Commodity Exchange, they cannot do so directly. Let’s take an example: Mr.Ram is a new Investor. He wishes to buy shares of Reliance. He […]
What is an IPO? Advantages and Disadvantages of an IPO
Definition of IPO An Initial Public Offering (IPO) is the first time that the stock of a private company is offered to the public to purchase. IPO’s are often issued by smaller companies seeking more capital, but they can also be done by large private firms looking to be publically […]
What is NACH Mandate?
If you have ever used the magical process of automating your bill payments, SIPS etc, you have used NACH services Payment systems have evolved over years in India, One such program by the National Payments Corporation of India is NACH. NPCI – National Payments Corporation of India offers to Financial Institutions, […]
Exchange Transaction Charges for NSE, BSE and MCX while trading in India
Stock Exchanges in India are privately owned Businesses. As is the objective of any business, stock exchanges also exist to earn profits. Their most significant source of Income comes from the Exchange Transaction Charges. Simply put, the exchange takes a small charge on the turnover from every trader or Investor […]
What are SEBI Fees on Turnover?
SEBI stands for the Securities & Exchange Board of India. SEBI is the market regulator & is entrusted with ensuring that the Interests of the Investors are safeguarded. More details on the powers & functions entrusted with SEBI can be found on our SEBI Page. What are SEBI Charges? Beginning […]
How to Open Trading & Demat Account With Samco Securities?
If you are looking for a reliable and cost-effective way to trade and invest in the Indian stock market, you might want to consider opening a demat and trading account with Samco Securities. Samco is one of the leading online trading and investment platforms in India, offering a range of […]
What is a Demat Account and How to Open a Demat Account Online?
Introduction to Demat Account Similar to a Bank account which holds your Money, Deposits etc, a Demat account or an online demat account is the account which holds shares, bonds, government securities, mutual funds and exchange-traded funds (ETFs) in digital form. These days having a demat account is must as […]