Disclaimer
Disclaimer: Investment in securities market are subject to market risks, please read all the
related documents carefully before investing
ATTENTION INVESTORS:
Update your Mobile Number and E-mail IDs with your Stock Broker: “Prevent unauthorized
transaction in your Trading/Demat account. Update your Mobile Numbers/Email Ids with your
Stock Brokers /Depository Participant. Receive information/alerts of your transaction (Trading
A/c) directly from Exchange at the end of the day & Demat Transaction for all debit and other
important in your demat A/c directly from CDSL on the same day on your Registered
mobile/email.
About CAS facility: For the benefit of the investors SEBI directed Depositories to send the
Consolidated Account Statement (CAS) for the investment of an investor in Mutual Funds (MF)
and Securities held in Demat form with Depositories. In case the client do not desire to receive
CAS then they can opt out of the facility by submitting a request letter to the DP duly signed
by all the holders stating that they do not wish to receive CAS as per guidelines prescribed by
SEBI in communiqué no. 4816 and 4900
KYC is one time exercise: "KYC is one time exercise while dealing in securities markets - once
KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.),you need
not undergo the same process again when you approach another intermediary."
Old DIS Booklet Phased out: DIS issued prior to 07-Jan- 2014 Phased out w.e.f. 06-Jan-2016
for Demat Transactions, Kindly contact your DP to receive New DIS to further transaction.
ASBA mandatory after January 1, 2016: "No need to issue cheques by investors while
subscribing to IPO. Just write the bank account number and sign in the application form to
authorise your bank to make payment in case of allotment. No worries for refund as the money
remains in investor's account."
Pledge/Block Mechanism: Stock Brokers can accept securities as margin from clients only by
way of pledge/block mechanism in the depository system w.e.f. September 01, 2020.
OTP directly from Depository: Update your email id and mobile number with your stock broker
/ depository participant and receive OTP directly from depository on your email id and/or
mobile number to create pledge.
FAQ: Investors may please refer to the Exchange's Frequently Asked Questions (FAQs)
issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534
dated August 31, 2020 and other guidelines issued from time to time in this regard.
Margin: Pay 20% (or as per exchange) upfront margin of the transaction value to trade in cash
market segment.
CAS: Check your securities / MF / bonds in the consolidated account statement issued by
NSDL/CDSL every month.
ITORS: “The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable
to any person or persons for any acts of omission or commission, errors, mistakes and/or
violation, actual or perceived, by us or our partners, agents, associates etc., of any of the
Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in
force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable
for any information on this Website or for any services rendered by our employees, our
servants, and us.”
Beware of fixed / guaranteed / regular returns / capital protection schemes. Stock Brokers
(Brokers/Members) or their authorized persons or any of their associates are not authorized
to offer fixed / guaranteed / regular returns / capital protection on your investment or authorized
to enter into any loan agreement with you to pay interest on the funds offered by you. Please
note that in case of default of a member claim for funds or securities / commodities given to
the Broker under any arrangement / agreement of indicative return will not be accepted by the
relevant Committee of the Exchange as per the approved norms.
Do not keep funds idle with the Stock Broker. Please note that your Stock Broker has to return
the credit balance lying with them, within three working days in case you have not done any
transaction within last 30 calendar days. Please note that in case of default of a Member, claim
for funds and securities/commodities, without any transaction on the Exchange will not be
accepted by the relevant Committee of the Exchange as per the approved norms.
Check the frequency of accounts settlement opted for. If you have opted for running account,
please ensure that your Stock Broker settles your account and, in any case, not later than
once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration
of Member as defaulter, the claims of clients against such Defaulter Member would be subject
to norms for eligibility of claims for compensation from Member funds / IPF to the clients of the
Defaulter Member.
These norms are available on Exchange website at following link:
https://www.mcxindia.com/Investor- Services/defaulters/sop-process-faqs-for-handling-of-
claims-of-investors-of-defaulter-member
Stock Brokers are not permitted to accept transfer of securities as margin. Securities offered
as margin / collateral MUST remain in the account of the client and can be pledged to the
broker only by way of ‘margin pledge’, created in the Depository system. Clients are not
permitted to place any securities with the Broker or associate of the Broker or authorized
person of the Broker for any reason. Broker can take securities belonging to clients only for
settlement of securities sold by the client.
Always keep your contact details, viz. mobile number / email ID updated with the Broker. Email
and mobile number is mandatory and you must provide the same to your Broker for updation
in Exchange records. You must immediately take up the matter with Broker / Exchange if you
are not receiving the messages from Exchange / Depositories regularly.
Don't ignore any emails / SMSs received from the Exchange for trades done by you. Verify the
same with the contract notes / statement of accounts received from your Stock Broker and
report discrepancy, if any, to your Broker in writing immediately and if the Broker does not
respond, please take this up with the Exchange/Depositories forthwith.
Check messages sent by Exchanges on a weekly basis regarding funds and securities
balances reported by the Stock Broker, compare it with the weekly statement of account sent
by Stock Broker and immediately raise a concern to the Exchange if you notice any
discrepancy.
Please do not transfer funds, for the purposes of trading to anyone, including an authorized
person or an associate of the Stock Broker, other than a SEBI registered Stock Broker.
Do not deal with unregistered intermediaries (who are not registered with SEBI/Exchanges).
.......... Issued in the interest of Investors
