What are the types of exchange orders on Equity Baskets?
When your client
completes the order, the constituents get executed as CNC market orders with
CNC – Cash and Carry which is the order type for
IOC – Immediate or Cancel Validity. The order will
either get executed immediately or will be cancelled in case of an error.
order types such as Limit orders, Stop Loss orders aren't available yet.
How are Equity Baskets different?
Easy to use · Buy/sell multiple stocks in 1 click — Place orders for up to 50 stocks in a single click and save time. · Easy tracking & managing — Track investment's performance inclusive of corp. actions & dividends. · No ...
Who manages Equity Baskets?
Equity Baskets are created and managed by Registered Investment Advisors (RIAs) who are SEBI-registered professionals.
What are Equity Baskets?
Equity Baskets are modern investment products that help you build alow cost, long term and diversified portfolio for your clients. · Each Equity Basket is a professionally managed basket of stocks or ETFs that reflects a strategy, idea or theme · ...
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 ...
How are Equity Baskets taxed?
For Equity Baskets of stocks, the taxes are the same as equities. The same taxation guidelines that apply for stocks apply for Equity Baskets as you're eventually holding them in single stocks format. 1. Short Term Capital Gains (STCG) - ...