Motilal Oswal Review | Wiki | Mutual Fund | Brokerage Charges | Demat Account
Motilal Oswal Review | Wiki | Mutual Fund | Brokerage Charges | Demat Account: Hello…Folks in this article I am going to talk about one of the famous Brokers from India i.e Motilal Oswal.
If you are looking for the honest review and accurate details about Motilal Oswal then this article is surely for you.
So, Keep reading ahead Motilal Oswal Review | Wiki | Mutual Fund | Brokerage Charges | Demat Account.
Motilal Oswal Wiki
What is Motilal Oswal?
If you are somehow connected with the field of Share Market or the Stock market then I am damn sure you must have at least once heard about Motilal Oswal.
Motilal Oswal is an Indian Brokerage Firm that provides its financial services in the field related to mutual funds, shares, Investment Banking & more.
History
The company was formed in 1987 by Motilal Oswal and Ramdeo Agarwal after they acquired their stake on Bombay Stock Exchange.
Motilal Oswal Securities is a Depositary participant of the NSDL and CDSIL in 2000.
In 2006, The company entered private equity & Investment Banking. In the same year, the company acquired the South Indian Brokerage Firm – Penninsular Capital Market.
In 2006 – 2007, The company tied up State Bank of India & Punjab National Bank to offer better online trading experience.
In 2010, The company received the final certificate of registration From Securities and Exchange Board of India (SEBI) to set up mutual fund business in the country.
The company is one of the fastest-growing asset management companies in India and You will be amazed to know that the company has crossed over the $1 billion in Equity shares under AUM in 2015.
How to Get Started with Motilal Oswal?
Getting started with Motilal Oswal is damn Easy.
Firstly, Click this link and you’ll land to Homepage of the Motilal Oswal.
Now, as you can see above similarly enter your details and they will send you an OTP on your above number.
Please also do keep your PAN Card with you as you will need it to complete your registration.
Now, once you are done with the basic setup you will land to the Dashboard of the Motilal Oswal (See Below).
Now, I know most of you are a beginner in the field of Stock Market so, what I want you to do is click on the Knowledge centre.and then click on videos and articles.
Then you will land to the page which looks something like this below.
As you can see above you will get a bunch of courses from Beginner to Pro that will help you to sharp proper trading skills.
Review
I am personally using Motilal Oswal for about 2 months now and I must say they deliver what they promised 🙂
Firstly, after signing up I received a welcome call from them and trust me I never seen such great customer support.
I literally had about 30 min of talk with their customer care representative and they cleared almost all my doubts regarding share market.
You can have a talk with their team and you ask where You Should invest tell your budget and I promise they will give you the best advice.
Deposit & Withdrawal
As I said earlier in order to deposit your fund click on fund deposit.
However, you need to open your DEMAT account Firstly before you deposit your fund.
Opening a DEMAT account is like a cup of Coffee.
So, Firstly Click this link to create your account.
Secondly, complete EKYC details and that’s it!!!!!
Now, It’s time to choose the type of account: Commodity or Equity account If you don’t know use google or talk to Motilal Oswal Advisor they will Teach you everything.
Equity account: If you are commerce just like me. I hope you know what is Equity Account.
It is a type of account the Shareholder has an interest in companies asset.
Upon Liquidation, after all liabilities are paid off the shareholder owns the remaining asset.
Commodity Account: Is a type of account you can BUY or SELL commodities.
Commodity contract include future, options, & more.
Pros:
- Best Customer Support
- Easy to Use Platform
- Mobile Friendly
- Proper Guidance is available to sharp your Trading Skills.
Cons:
- Registration Process is little Lengthy.
Overall
After analysing the Pros & Cons I can Truly Say Motilal Oswal is one the Best & Renowned Brokers in India.
The Company provides complete support and helps you to make a good profit.
So, If you Ask me Should you invest with Motilal Oswal?
My answer is a BIGGGGGG YESSSSSSSSSSS!!!!!!!
Brokerage Charges
Given Below is the Estimated Brokerage Charges for more details visit their official site.
Brokerage & Fees | |
Equity Delivery Charges | 0.50% |
Equity Intraday Trading | 0.05% |
Commodity Option Trading | 0.05% |
Equity Futures Trading | 0.05% |
Equity Option Trading | Rs. 70 Per Lot |
Currency Future Trading | 0.05% |
Currency Options Trading | Rs. 70 Per Lot |
Demat AMC Charges | FREE or Rs. 300 Per Annum |
Trading AMC Charges | FREE |
Winding Up
So, Finally, this is the end of this article I hope this article was helpful and must have understood the basic concept.
By now you must have understood Motilal Oswal Review, Motilal Oswal Wiki, Motilal Oswal Mutual Fund, Motilal Oswal Brokerage Charges, Motilal Oswal Demat Account.
Appreciation to my father who shared with me on the topic of this
blog, this weblog is in fact amazing.
Thanks very nice blog!
I want to to thank you for this excellent read!!
I absolutely loved every bit of it. I’ve got you
book-marked to check out new things you post…