What are the expected timelines related to the investment?
1.
Online Transfer – 3 to 5
business days post debit from the bank account (provided the trading account
number is mentioned at the time of transfer, name matches the one mentioned on
the trading account)
2.
Offline Transfer – 3 to 5
business days post debit from the bank account (provided the trading account
number is mentioned at the time of transfer, name matches the one mentioned on
the trading account)
3.
Manual posting of remitted
funds can be initiated by providing a remittance advise copy (Swift/Wire copies)
to the broker partner. This manual fund application process may take 7 to10
business days
Trade Settlement
T+2 days (Buy / Sell)
Withdrawals
1.
Withdrawal requested to the
source: 3 - 5 business days
2.
For cross-country withdrawals:
5 -7 business days (from the time documents are received)
P&L Report
3 to 5 business days
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What is the minimum investment amount?
Currently, for any fresh allocation to any of the above-mentioned portfolios, the minimum investment is $1,000. For an additional/follow-on purchase in the same portfolio, the minimum investment amount is $250.
What are the available investment opportunities through Fintso?
Fintso has created three curated portfolios which are designed to identify the themes of tomorrow. These baskets are pre-configured collections of stocks and ETFs that you can invest in with a single click. We aim to solve the challenge of “what to ...
Does my client get dividends from Baskets?
Yes. If there is a dividend pay-out from a Stock, the dividends are directly deposited in your client’s investment account.
Does my client get dividends from Baskets?
Yes. If there is a dividend pay-out from a Stock, the dividends are directly deposited in your client’s investment account.
Do the portfolios get re balanced periodically?
Yes, the portfolios are rebalanced quarterly or as specified in the product collateral to ensure that performance is aligned with the investment goals. The portfolios are rebalanced automatically on the first trading day of each calendar quarter.