Investment Basket - Terms and Conditions

  • As per the Schedule I commercial terms- the client has to pay the total fees incurred on the provided rates.
  • The Basket profits or returns would include any dividends, or benefits received out of corporate actions.
  • All the costs, fees, charges as per Schedule I, and expenses of whatsoever nature incurred by us in connection with the acquisition, holding, sale, and transfer, in respect of the dematerialized state charges of the Depository Participant, in respect of Securities shall be paid by the Client.
  • ACMIIL will invest your money to the price close to the basket amount. Any surplus left during the investment course, based on the investor's choice- either the surplus amount will be invested in another investment product or return to the investor.
  • The stocks in the basket will be as per the discretion of the ACMIIL. We would review these stocks from time to time, and the rebalancing would be done (if any), of the stocks in the basket, which will be at the discretion of ACMIIL.
  • ACMIIL will charge 0.3 % on the sale of the transaction towards rebalancing charges. There will be no charge on the purchase of shares during rebalancing.
  • Nifty BEES are purchased in the basket at the time of every basket purchase. This is to cover the cost of basket maintenance. This avoids frequent payment of charges by clients. The client also stays invested during such period and funds are not idle.
  • A review of the basket is done on a daily basis; however, rebalancing is done for a year period, and that too on a need basis only to ensure that the stocks within the basket meet all investment parameters as per scientific investment principle.
  • There will be a minimum charge of Rs. 25 per contract at the time of rebalancing.
  • Maintenance charges will be collected first through the funds available in the client’s ledger, then through the mandate given for the bank account and the Nifty BEES will be liquidated only if the funds available under the previous 2 options are inadequate.
  • You are free to exit basket-wise or exit from all baskets at any point in time. No investor can selectively exit from certain stocks or add any particular stock in the iBasket.
  • Concerning the bank mandate, we will need 20% more mandate of the entire basket amount. This is because of the fluctuations in the stock price. Please note bank mandate is compulsory in iBasket.
  • Basket maintenance charges will be charged to the client quarterly in advance (1st date of financial quarter). If the basket is purchased before 1st date of the next upcoming financial quarter, the system will debit the basket maintenance charges (upfront) on a pro-rata basis for the basket on the purchased date and the next debit will be done on 1st date of the next financial quarter i.e. 1st April, 1st Jul, 1st Oct, and 1st Jan.
  • The client agrees that in case of any dispute, the claim and/or disputes will be referred to arbitration as per the Rules, Bye-laws, and Regulations of the Stock Exchange where the trade is executed and the circulars/notices issued there under as may be in force from time to time.
  • I have understood that Investment in the securities market is subject to market risk, read all the related documents carefully before investing. Past performance is not indicative of future performance and future results.
  • I have understood the Investment basket fee terms and other financial conditions and the clarifications required by me. I understand that the investment in the Equity basket is subject to risk associated with equity investments. I have understood the investment process and other aspects of the product.
  • I hereby agree to participate.
terms and condition

Commercial Terms (Fees Structure)

Investment Basket Fees Structure For Our Recommended Baskets

Heads Fee Structure
Buy Brokerage NIL
Buy Maintenance Charge Approx Basket Value: 5,00,000 (INR 3,000 per basket charged quarterly on rolling basis in advance. Total 12,000 per year, per basket).
Approx Basket Value: 1,00,000 (INR 600 per basket charged quarterly on rolling basis in advance. Total 2400 per year, per basket).
Approx Basket Value: 15,000 (INR 100 per basket charged quarterly on rolling basis in advance. Total 400 per year, per basket).
Approx Basket Value: 10,000 (INR 60 per basket charged quarterly on rolling basis in advance. Total 240 per year, per basket).
Approx Basket Value: 5,000 (INR 30 per basket charged quarterly on rolling basis in advance. Total 120 per year, per basket).
For Bharat Debt (INR 30 per basket charged quarterly on rolling basis in advance. Total 120 per year, per basket)
DP Sell - Charges INR 15 per ISIN
Sell Brokerage 0.30% on transaction value

Note: Government tax and other agencies transaction charges are applicable. Fees are not refundable. Bank mandate is compulsory.

Investment Basket Fees Structure For Creating Your Own Basket

Heads Fee Structure
Basket Creation Charges (Per Basket) INR 100
Order Execution Charges (Buy & Sell) 0.30% on Transaction Value
DP Sell Charges INR 15 per ISIN

Note: Government tax and other agencies transaction charges are applicable. Fees are not refundable. Bank mandate is compulsory.