How is the referral fees paid out for my clients’ investments?
Your clients are charged the advisory fee directly by the basket creators. Fintso collects the referral fees owed to you from all the basket creators and pays it out to you on or before the 30th of every month for the payment received from clients in the previous month.
You can refer Part B of Annexure I to the Business Referral Agreement available under Profile > Equity Baskets
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Why should my clients invest in Equity Baskets?
Equity Baskets are the easiest way to buy & manage multiple portfolios of stocks/ETFs. · Simple & versatile: Equity Baskets are based on relatable ideas and strategies which are easy to understand. · Diversified: Investing in multiple ...
What are the fees charged?
Transaction costs &charges for investing in Equity Baskets is different for different brokers, youcan refer the charges for each broker here: 5 Paisa Aliceblue Angel One Axis direct Dhan Edelweiss Fundzbazar Groww HDFC Securities ICICI Direct IIFL ...
Can I start an SIP in Equity Baskets for my clients?
Yes. There are 2 ways to start an SIP in an Equity Basket. 1. Your client can setup an SIP along with the First Time Buy transaction in an Equity Basket. 2. After first time Buy transaction, you can initiate an SIP registration request for ...
How do Equity Baskets work?
There are 3 parts to understand this: 1. Investing Your clients invest in Equity Baskets by using funds in their Broker account. They can either start an SIP or do a lump-sum investment. All invested Equity Basket constituents will be added to ...
What is Manual SIP and Auto SIP?
Client can setup 2 types of SIPs in Equity Baskets. Manual SIP and Auto SIP. · Manual SIP : On SIP setup screen, the client can enter SIP amount lesser than the minimum investment amount of the Equity Basket & the system will do the heavy ...