What are the subscription charges?
subscription charges vary from basket to basket and are decided by the creator.
Baskets can be charged in 2 ways; AUM-based or Flat fee-based
- AUM-based Equity
Baskets are charged on the average monthly AUM of one’s portfolio.
- For e.g. Equity Basket 'X' is charged at an upfront fee of Rs 250/- and 1.5% of the investment amount which is charged from the client every month on his/her investment value.
- Here, a fee of Rs.250 will be charged upfront during
the subscription as one-time fee. Once invested, the subscription fee will be
collected every month on the subscription start date (1.5% of the average
monthly AUM divided by 12).
- Flat fee-based Equity
Baskets, as the name suggests, collect a flat fee at the beginning of the
service. For e.g. Equity Basket 'Y’ is charged at Rs. 2499/- for 3 months of
How can my client cancel eMandate linked with an Equity Basket subscription?
One of the payment methods available to subscribe to a fee-based Equity Basket is eNACH where an e-Mandate is created. If client wants to cancel e-Mandate(s) linked with any of the fee-based Equity Basket subscription, a request needs to be raised ...
How does an Equity Basket subscription work?
Equity Basket subscriptions are required by users to view the constituent stocks/ETFs as created by SEBI registered professionals as well as to invest in the same. The subscribed clients will also receive periodic rebalance updates based on the ...
Will I be able to create a Buy transaction for my client after canceling a subscription?
Yes, there is no restriction on this. However, the client would not receive any rebalance updates pushed from the creator’s side.
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 ...
How to unsubscribe Equity Basket portfolio:
Kindly download the Small Case in your mobile phone. https://play.google.com/store/apps/details?id=com.smallcase.android 1. On the smallcase App, tap the Profile icon on the top-right corner 2. Tap 'Subscriptions' 3. You will see your subscriptions ...