In Globe, we have 3 plans for AMC Rs399+ GST ‘Regular’ (Annual), Rs 999+ GST ‘Relax’ for 5 years and Rs 1999+ GST ‘Life time’. The DEMAT maintenance charges are free for the first year from the account opening date. From the second year, it will be charged according to plan opted while account opening.
DPC will be charged @ 0.0657% per day or up to 24% p.a. on an outstanding debit balance from the settlement date of trade till dues is cleared. ** Subject to existing standard charges)
To clear the DPC or AMC, you would need to infuse funds (pay in) into your account through online fund transfer or through a cheque. In the event of a non transfer of funds, the DPC along with interest charges will be adjusted against the funds credited post sale of any securities by the user.
Such charges debited for BTST trades by trading department @10 + GST per ISIN.
GST is charged @ 18% on brokerage and depository charges, pledge charges, transaction & Interest charges incurred. GST is revised by Central Government of India.
DPC is debited weekly for debit obligation of the previous week.
A penalty up to Rs 500 is levied in case of a cheque bounce; charges vary the amount on cheque.
Overdue DPC Overdue AMC Transactions using Collateral limits Cheque Bounce Charges Interest thereof on all of the above
NO, your current % brokerage rates remain as they are For example: if your current brokerage is 0.3% in delivery & 0.03% in Intraday, your revise brokerage rate will remain as 0.3% in delivery & 0.03% in Intraday.
You can opt for life time scheme plan where in there is a onetime fees of Rs 1999 + GST applicable.
Brokerage on transaction is charged per share basis not on total volume in case of equity cash. Example if you buy shares less than 100 rupees value and brokerage rate is 0.03% in intraday & minimum brokerage per share is 0.03 per share in such case minimum brokerage per share will be applicable for intraday brokerage. Example 2, if you buy shares less than 10 rupees value for delivery and brokerage rate is 0.30 for delivery & minimum brokerage is 0.03 per share in such case minimum brokerage per share will be applicable for delivery brokerage.
A commodity market is a place for investors to trade in commodities like Precious metals, Base metals, Crude oil, Natural gas, Energy, and Agri products like Chana, Jeera, Soy bean etc. Currently, SEBI allows future trading in India for around 120 commodities. Trading in commodities is an opportunity for investors seeking to diversify their portfolio and these investments often help with inflation.
You can trade Monday to Friday, 9am to 5pm, for Agri commodities & internationally linked Agri commodities 9am to 9pm in NCDEX. For Bullion, Metals, Energy, 9 am to 11:30pm (up to 11:55 P.M. on account of daylight savings typically between every November and March of the following year as notified by exchange)
You can trade with following exchanges through Globe Capital
The ‘commodity futures contract’ is the assurance that a trader will buy or sell a certain amount of their commodity at a pre-decided rate at a certain time. When a trader purchases a futures contract, they are not required to pay the whole price of the commodity. Instead, they can pay a margin of the cost which is a predetermined percentage of the original market price. Lower margins mean one can buy a futures contract for a large amount of a precious metal like gold by spending only a fraction of the original cost.
All you need is money for margins payable upfront to the exchanges through Globe Capital. The margins range from 10-15 percent of the value of the commodity contract.
Here’s how trading in commodities could be beneficial: Hedging Commodity prices fluctuate constantly and affect traders. With the due-date delivery method, the traders can be shielded from price fluctuations. With a pre-decided pricing, the traders are assured they wouldn’t be suffering heavy losses. Speculation Some traders invest in anticipation of profits. Such investors are ready to take some risks to make heavy profits. This is known as speculating. Arbitraging You can arbitrage when you buy a commodity at a low price in one market and instantly sell it for a higher price in another market. Bottom line Commodity trading is not for the faint-hearted. However, it has the potential to protect your investments against inflation. With a few accurate calculations and predictions, you could also get high returns by trading in the commodities market.
Yes, financial documents such as latest salary slip/ form 16(last year) in case of salaried individuals, six months bank statement, ITR (last year) can be submitted to activate commodity derivatives segment. You can activate commodity derivative segment through mobile app ‘Globe Trade Pro’ or visiting www.globecapital.com If you want to activate it through mobile app, tap on Menu option (three horizontal lines) on the extreme top of the left corner, select Segment selection under profile section. After completing the process, do not forget to upload the financial document & e-sign by tapping on ‘update change’ available on the profile section. If you want to activate by visiting website, login to www.globecapital.com, click on segment activation under the ‘Trade & product’ section on the bottom of the page.
Yes, financial documents such as latest salary slip, six months updated bank statement or Form16 in case of salaried individuals or ITR (Last financial year). Any of these can be submitted along with your documents in order to opt for Commodity derivatives.
Yes, you will be able to trade in all futures and options in commodity derivatives.
Yes, overnight orders are allowed to be placed in commodity derivatives segments. Such orders will be sent to exchange on the next trading day once the markets open. Note: GTD Order cannot be placed through mobile app ‘Globe Trade Pro’. Such orders can be placed through the desktop trading terminal ‘Globe Trade Smart’.
In commodities future trading, you take buy/sell positions in commodity future contracts expiring in different months. If, during the course of the contract life, the price moves in your favor (rises in case you have a buy position or falls in case you have a sell position), you make a profit. In case the price movement is adverse, you incur a loss. To take the buy/sell position commodity futures, you need to have certain amount of margin to place order(s). With futures trading, you can leverage on your trading limit by taking buy/sell positions much more than what you could have taken in the cash segment. However, the risk profile of your transactions goes up.
A commodity enabled for trading on futures is called an "Underlying" eg. GOLD, SILVER, COPPER etc. There may be various tradable contracts for the same underlying based on its different expiration period. For example, Fut-COPPER-30-Sep-2021, Fut-COPPER-29-OCT-2021 and Fut-COPPER-30-Nov-2021 are "contracts" available for trading in futures having COPPER as "underlying".
In order to place an order in commodity futures or taking commodity Future positions, collateral can be given in the form of FD/ BGs and shares pledging.
It may not be so. Margin amount required may differ from commodity to commodity based on the risk involved in the Commodity and your portfolio that exists for the commodity, which depends upon the liquidity and volatility of the respective commodity besides the general market conditions.
Yes, margin amount can be changed during the life of the contract depending on the volatility in the market, the risk parameter file issued by exchanges and current market price of the contract(s)/underlying commodity. It may happen that you have taken your position and Rs. 90000 margin is taken for the same. But later on due to the increased volatility in the prices, the margin was increased to Rs. 95000. In that scenario, you will have to Add Margin or allocate additional funds to continue with the open position. Otherwise it may come in MTM shortage and may get squared off because of insufficient margin. It is advisable to keep higher allocation or Add Margin to safeguard the open position from such events. Note: required margin can be changed 5 times in a day during trading hours depending upon the volatility of underlying commodity.
Squaring off a position means closing out a Commodity futures position. For example, if you have futures buy position of 10 GOLD expiring on 05-Oct-2021, squaring off this position would mean taking sell position in 10 GOLD expiring on 05-Oct-2021 on or prior to 05-Oct-2021
Initial Margin means the amount of margin required by Globe Capital to be deposited with it by you before undertaking Transactions in Commodity or any Futures for an underlying portfolio and also on a continuing basis thereafter on open positions which shall include SPAN Margin, Extreme Loss Margin, other Exchange Margins, notional loss if any on positions and such other additional margin as may be specified by Exchange or Globe Capital from time to time.
The margin amount is calculated by arriving at the SPAN margin using the Standardized Portfolio Analysis of Risk (SPAN) system used by the Exchange for margin computation plus the Extreme Loss Margin plus other Margins by Exchange and any additional margin required by Globe Capital as per its risk management policy. Extreme Loss Margin is the margin amount required on pending orders at market or limit price by client and on additional position based on the Average price/Base price of the relevant underlying commodity contract which is added to arrive at initial Margin. In addition, other margins which are Additional, Special and Tender Margin as prescribed by exchange are levied. Initial Margin would also include such other additional margin as may be specified by Globe Capital from time to time. Over and above the Initial Margin, Globe Capital would require the notional loss on the portfolio at latest Current Market Price as margin to cover the risk and also safeguard your positions from being squared off intraday due to insufficiency of margins. The exchange specified SPAN margin is based on the risk parameter file that is issued by the exchange from time to time during a trading day which returns the SPAN Margin required from time to time. The Extreme Loss Margin and other margins for futures positions is calculated on the order/trade price for the contract position at the time of order placement/trade execution and Current Market Price on open positions at the time of running intraday mark to market process.
Yes, there could be scenarios wherein margin charged at position/trade level can substantially increase as compared to the margin charged at order level. If you do not maintain sufficient margins required to meet the new Initial Margin requirement post trade execution, then Globe Capital may square off such positions while running Intraday Mark to Market (IMTM) process at its sole discretion without consulting or intimating the Client and the Client shall be solely responsible for any losses arising on account of the same.
You can view all open commodity or other futures positions by clicking on Portfolio > Positions> Derivatives. Here you will be able to see all your open positions in derivatives including equity derivatives, commodity derivatives & currency derivatives. Derivatives page gives details such as contract details, buy/sell position, open position quantity, average price, Last Traded price. Note: pending buy/sell orders can be seen in order book
Average price column would display the weighted average trade price of the positions taken during the day.
Available margin is calculated by adding or deducting notional profit or loss respectively on the open positions forming part of an underlying from the margin blocked at underlying portfolio level .i.e. Available Margin will be computed for each underlying derivative futures separately.
Your notional profit and loss on long & short Commodity Futures contract positions within an underlying would be considered for computing the available margin at an underlying portfolio level.
EOD MTM on a daily basis is a mandatory requirement in Commodity futures. Every day the settlement of open commodity Futures positions takes place at closing/settlement price declared by exchange for that day. The Average price as shown on Derivatives position under portfolio section displays the current day’s weighted average trade price for positions taken during the day or previous day's closing price for carried forward positions. This average price is considered as base price and is compared to the closing price and difference Profit or Loss is cash settled. In case of Profit in EOD MTM, the limits are increased by the profit amount and in case of loss limits are reduced to that extent. Next Day the position would be carried forward at the previous trading day closing price, at which last EOD MTM was run. Closing Price for the contracts is provided by the exchange after making necessary adjustments for abnormal price fluctuations and it is different from LTP.
Yes, EOD MTM does have its impact on margin at underlying portfolio level. Margin is re-calculated at EOD MTM and differential margin is blocked or released as the case may be. In order to keep sufficient margin on the underlying portfolio for open position after EOD MTM, ensure sufficient infused timely margins under derivatives segment. Due to daily MTM, infused required margin for Derivatives may come down over a period of time and because of the same, open position may fall in MTM loop and may get squared off unless you infuse fresh amounts for Derivatives.
In case the prices in any commodity goes negative then please note, Globe Capital at its discretion may do early End of Settlement (EOS) and close the position (Long or Short) earlier in such commodities if the threshold prices are reached. Threshold prices for different commodities would be determined by Globe Capital and customers would be notified about it every month.
You can place Regular and Stop Loss Order as provided by Exchange.
Yes, as mandated by Exchange, there is a near month client wise position limit for agri commodities and Overall Client wise position limit applicable for both agri and non agri commodities. In case near month client wise position limit is breached as prescribed by exchange, then Globe Capital at its discretion reserves the right of not allowing fresh order placement in that particular commodity's near month contract. In case Overall Client wise position limit is breached then GlobeCapital at its discretion reserves the right of not allowing fresh order placement in that particular commodity.
Yes, as mandated by exchange, there is a commodity wise quantity wise limit across all clients. In case this limit is breached then Globe Capital at its sole discretion reserves the right of not allowing fresh order placement in that particular underlying commodity across all clients.
Some commodity futures contracts are cash-settled whereas some are physically settled (Compulsory Delivery sellers’ right commodity). You can check the settlement type and the last dates of trading commodity contracts by referring to the monthly settlement calendar of all commodity exchanges. Futures MCX, NCDEX NSE commodity, BSE Commodity & ICEX have two different modes of settlement for its commodity contracts. They are: Cash Settlement: These contracts are cash settled on the expiry day at the due date rate declared by the exchange. Physical Delivery Settlement: Delivery of the commodity equal to the lot size is given to the buyers (long position) by the seller of the contract from the exchange defined delivery warehouse. Physical delivery settlement can also be of two types, Compulsory, where all contracts will be compulsorily physically settled by the exchange if the contract is open on the expiry day. There is a different trading account for physical delivery exchange wise altogether. Options All CTM (close to the money) commodity options contracts are devolved into the respective futures contract on the day of expiry of the option contract. If you hold a CTM contract on expiry, you are required to maintain margin equal to the futures contract on the expiry date to let it devolve to a future contract the next trading day. Note: In case the exchange is unable to match your contract with counter-party, your ITM options trade will be cash-settled instead of getting devolved into a futures contract.
You should square off the physically settled positions before the delivery gets assigned to your positions. Please note that if you don’t take any action on your open positions, Globe Capital will square off your open position in the near month expiring contracts in the underlying commodity on first day of the tender period start if delivery margin is not available, which is 25%.
You have to infuse required margin for delivery before the tender period starts and have to share GST number with Globe capital.
You should square off the physically settled positions before the delivery gets assigned to your positions. Please note that if you don’t take any action on your open positions, Globe Capital will square off your open position in the near month expiring contracts in the Underlying Commodity on first day of the tender period start if delivery margin is not available, which is 25%.
You can have following kind of settlement obligation in future market: Brokerage: Any transaction you enter into will attract brokerage. Brokerage is debited in your account at the end of the day. Profit and loss on squared off position. Profit and loss on EOD MTM on open position.
You can see your obligation on contract notes or sauda bills or ledger, which can be tracked under ‘Report’ Section of Mobile app ‘GlobeTrade Pro’.
Commodity futures obligation is settled by exchange on T+1 basis. This means that any obligation arising out of transactions in futures or EOD MTM on day (T) is settled on an immediate next trading day. This further means that if you have a debit obligation on day (T), the payment will have to be made on day (T) itself. Whereas if you have a credit obligation, the amount would be credited in your account on T+1 day. If T+1 days are holidays, credit would be given on subsequent days.
No, if different payin and payout are falling on the same day, amount would be first internally adjusted against each other and only net amount would either be recovered or paid. In cash projection, distinct particulars would be given for payin/payout internally settled and settled by way of debit/credit in bank.
During the day: All profits shall be added in this new field "Booked profit/Loss" and all losses shall be deducted from "Booked profit/Loss ". End of the day: On similar lines of during the day, intraday adjustments mentioned above, end of day profits which are not settled with actual pay-out will be displayed in Booked Profit/Loss column post adjustment of losses (EOD MTM closed out).
Yes, the ‘Booked Profits’ will be available in your current limits on next trading day if the pay -out date is equal to next trade then you will be able to take position on the next trade day.
As per SEBI’s new circular no additional limit will be given for intraday as well as carry forward position in any derivative segment.
On the basis of POA (Power of Attorney) given & signed by client at the time of account opening or separately, Globe can debit shares from client’s DEMAT account to settle the pay-in obligation.
DP (Depository participant) charges. ₹20/0.02 (Max Rs 100) + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold.
We have 3 plans for AMC Rs 399 + GST ‘Regular’ (Annual), Rs 999 + GST ‘Relax’ for 5 years and Rs 1999 + GST ‘Life time’.
Delivery Instruction Slip (DIS) is an instrument to get shares transferred electronically from one account to another within the same Depository or Inter-Depository.
DP charge is levied on stock movement out of the DEMAT account managed by depositories (NSDL or CDSL). The contract note shows all trading & its related charges executed on stock exchange (NSE or BSE). As DP charges and contract note charges are separate, DP charges are levied separately on ledger and not on contract notes. DEMAT account maintenance charge is also levied separately on the ledger which is Rs 399 + GST ‘Regular’ (Annual plan), Rs 999 + GST ‘Relax’ (Valid for 5 years), Rs 1999 + GST ‘Life time’.
Margin pledging enables one to create the position even with low or no margin in ledger due to which you will not lose any trading opportunity. On pledging, the limit is released after a % deduction called a haircut. The margin received from pledging i.e. collateral margin can be used for trading Equity Intraday, futures & options writing. The collateral margin will be adjusted for the price variations in the security at the end of each trading day.
Yes, you can sell the pledged shares as usual through desktop and mobile apps or through your branch without worrying about unpledging the same.
If you fail to initiate the Pledge request or clear the debit balance by making the requisite payment, then the debit balance will be cleared by us on T+7 days by selling the shares from our CUSA account.
Instant limit will be provided just after accepting the request for shares pledging
Yes, the benefit of the corporate actions will be credited to your account even if your shares are pledged.
The cost of pledging will be ₹15 + GST per request irrespective of the quantity & Script pledged.
Pledging option is available with all our trading platform like Globe Trade Pro (Mobile App), Globe Connect Pro (Web based trading platform) Globe Trade Smart (Desktop Trading platform)
Electronic Delivery Instruction slip or e-DIS is a facility which allows you to sell shares when you have not submitted your Power of Attorney Please note: you can only sell the stocks that you are holding in your linked DEMAT account. You may submit your POA to ensure a seamless trading experience.
e-DIS is activated automatically on our digital trading platform for all the customers who have not submitted their POA.
e-DIS facility is available only to DEMAT accounts which are in single name. It is NOT available to DEMAT account holders with joint names & NRI DEMAT accounts
In the absence of POA, without e-DIS you will not be allowed to place a sell order.
1 Calendar day
e-DIS is applicable only for delivery–based transactions for shares in your DEMAT account
Firstly you need to place a request for DRF to our customer care at email@example.com or firstname.lastname@example.org or on 011-43666566. You need to submit Dematerialization Request by sending a duly filled up Dematerialization Request Form (DRF) along with the certificates of securities to be dematerialized to our DP team at Globe capital Market Limited, office number 804, Ansal Bhawan, 16, KG Marg, New Delhi 110001
Transposition means to change the order of holders of the shares i.e. the first holder may become second holder or third holder and vice versa. So if the name of the holders in DEMAT account and physical form is not in order then the transposition form must be filled. For E.g.: The securities held by A B & C can be dematerialized in an account opened in the combination of A C & B, B C & A, B A & C, C A & B, and C B & A by submitting a transposition form with the DEMAT request form . You can download transposition form from https://www.globecapital.com/downloadform and we request you to send the form to our DP team at Globe capital Market Limited, office number 804, Ansal Bhawan, 16, KG Marg, New Delhi 110001
Transmission is the process by which securities of a deceased account holder are transferred to the account of the surviving joint holder(s)/nominee/legal heirs of the deceased account holder by Submission of Notarized death certificate along with the relevant legal documents. For more details you need to contact to DP team on 011-43666566
Transfer of securities from an account in one depository to an account in another depository offline is termed as an inter-depository transfer.
Globe Trade Pro, a next generation mobile trading app from Globe Capital which allows you to track stock/market movement on a real team basis, get ideas from our experts, execute trades at lightning speed & monitor your investments instantly.
To trade with 'Globe Trade Pro' app, you need to have, An Android or iPhone with data connection A Globe capital online trading account
If you do not have a Globe trading a/c, you cannot access stock/markets information as it needs a valid ID & password.
Globe Trade Pro is available for Apple iPhone and iPAD with OS version 7.0 and above Smart phones/ tablets with Android version 4.0.3 and above.
You can search and download Globe Trade Pro on your Android or iOS based Smartphone by visiting Google Playstore/Apple store respectively
Download & Install 'Globe Trade Pro' on your handset Login to the application with your user ID & Password 2FA password is your DOB/PAN Create your watch list and trade (or you can tap on predefined watchlist)
As a Globe Capital trading a/c holder, you can
Yes, go to the menu option (Three horizontal lines) on the extreme top left corner, tab on ‘Pledge’ Section.
Here’s how you can do that: Tap on ‘IPO’ section under menu option on the left side of the app. Tab on desired IPO from the list of available IPOs Enter your bid details Enter the UPI ID linked to your bank account (where you want to block the amount) Open your UPI app and accept the blocking request to complete the application.
Yes, UPI is only mode of application in IPO via Globe Trade Pro
The UPI request is the final step to complete your IPO application. It can be done till 5pm on the last day of the IPO issue, unless this time is extended.
Yes, go to menu option (Three horizontal lines) on the extreme top left corner, tab on portfolio report under ‘report’ section.
It's completely secured to trade on the "Globe Trade Pro" app. The application has a two level authentication process -your trading a/c password and 2FA (DOB/PAN). Even if you close live trading app any time throughout the day, you don’t need to re-enter the login ID & password, you can access it either by entering 4 digits MPIN or fingerprint or face recognition, provided your phone supports face recognition Authentication.
Every time you visit the application, in the initialization screen of the application system will check for updates and will notify you to download the latest version if any.
When you change your handset, you just need to download the App on the new handset again and login with your User ID and password to use.
Yes, any order placed through 'Globe Trade Pro' can be viewed on Globe trade smart. Similarly any orders placed through Globe trade smart can be viewed on 'Globe Trade Pro'.
Yes, 'Globe Trade Pro' gives you the option to place an order for a particular scrip directly from the watch list. All you need to do is to swipe the scrip to the left of your screen in your watch list and choose "Buy/Sell Trade" option.
Yes you can square-off your position from 'Globe Trade Pro'.
Yes you can cancel/modify orders you have placed through any channel through Globe Trade Pro app.
You can get in touch with our Customers Service desk on 01143666566
Please enter your login credential (which you have received from KYC team on your mail ID & SMS) on the login page. This will be a one time password and you will be prompted to change it mandatorily on login. If you wish to change password post login then, go to menu option (Three horizontal lines) on the extreme top left corner, tap on Change password under ‘settings’ at the bottom. Here you can enter old password, then new password and then confirm the password, after which you can tap on Save Changes.
If you forgot your password, please tap on forgot password, available on login screen at the bottom and you will be redirected to a new page. Enter your login ID & tap on ‘done’ on keypad; enter registered mobile number or Pan Number & tap on done. You will receive the password on your registered mobile number. This will be a one time password and you will be prompted to change it mandatorily on login.
If you wish to change MPIN post login then, go to menu option (Three horizontal lines) on the extreme top left corner, tap on Globe secure under ‘settings’ at the bottom and then on change MPIN . Here enter old MPIN, then new MPIN and then confirm MPIN.
You can do this by tapping on ‘Watchlists’ at the top of the screen and then on add new watchlist. Maximum 5 watchlists can be created in this app.
You can add scrips in the watchlist by tapping on the search option at the top of the screen, enter the name of scrip, tap on “+” sign by the scrip.
Swipe the scrip to left of your screen in your watch list and choose "Buy/Sell Trade" option.
You can do this by tapping on the ‘orders’ section at the bottom of the screen.
You can convert the position from intraday to delivery or vice – versa by tapping on the ‘orders’ section at the bottom of market watch, go to Today’s position or Derivative position in case of carry forward position in futures and tap on the position which you want to convert.
You can transfer funds by tapping on menu option (Three horizontal lines) on the extreme top left corner, tap on Add Funds under ‘Fund’ section.
You can place a request for withdraw funds by tapping on menu option (Three horizontal lines) on the extreme top left corner, tab on withdraw Funds under ‘Fund’ section.
You can view margin by tapping on menu option (Three horizontal lines) on the extreme top left corner and tab on ‘Margin’.
To check the market indices, tab on ‘Market’ at bottom of the screen. Nifty, Sensex, Bank Nifty, Nifty small, Nifty mid 100, Nifty 500 and Indiavix can be viewed. To view Currency & Commodity indices, tap on currency and commodity under ‘Market’ Section.
To check the average buy price visit ‘Unrealized P&L’ report or ‘Holding report’ available in ‘Reports’ section under menu option of top left side of the screen, select the asset class and tab on the scrip of which average price needs to be checked.
You can do this by tapping on pencil icon from top right corner of the watchlist.
This can be done alphabetically, by Change percentage and LTP
You can view the latest recommendations by visiting ‘Research’ on the extreme bottom of the right corner.
You can view the day’s gain/loss or the total unrealized gain/loss in the portfolio section after you log in. For F&O PNL, visit the Realized & Unrealized section under the ‘Report’ section.
All orders can be viewed in the ‘Orders’ section available at the bottom of the watchlist. Your order book will show you all executed orders, select the asset class from the menu available in Orders section to view individual Open Orders.
Your Trade Book is available as a tab under the ‘Positions’ and will display all executed orders. Alternatively it can also be viewed in ‘executed’ as a tab under ‘Orders’.
Search for the desired stock and tab on ‘Trade’. Then select ‘SL’ from the order type and fill in the order details including the Trigger price.
Visit the ‘News’ section from menu option (Three horizontal lines) on the extreme top left corner.
Relationship manager details are available in the ‘Profile’ section under menu option (Three horizontal lines) on the extreme top left corner.
These details are available in the ‘Derivatives’ section under the ‘Market’ page. You can also view Option Chain and Open Interest Analysis in this section.
Yes this can be done through the app.
Visit the ‘Position’ at the bottom of the screen for Net as well as today’s Position.
Your total holding across Equity is available under the ‘Holding section’ in the left side menu of the app.
Portfolio can be accessed from the left side menu of the app. This section will show your Unrealised Gain/Loss as well as the Day Gain/Loss.
Unified Payment Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI), which allows you to instantly transfer money between any two parties' bank accounts.
The limit on fund transfer through UPI is Rs 1 Lakh per transaction, and a total of 1 lakh per day.
The fund addition can only be done with UPI ID, which is linked to your registered bank account with Globe Capital.
You can add a maximum of 5 UPI IDs to your registered bank account with Globe capital.
You can call Customer Care at 01143666566 to update funds and any assistance required.
Yes, you can enable face recognition login if your device supports face recognition authentication.
To view prices, simply tap on the time frame of the chart from the top ‘5’ minutes set by default and change it to the required time. Day can also be changed from the choices available in the bottom of the charts.
You can select from 13 different types of charts available.
Study and save charts for future reference by simply tapping on the 4th option from the top right corner. All saved templates can be accessed from the same option.
For Trend Lines, tap on draw from the right side menu & select the Trend lines. Start drawing a line using your finger.
To select an indicator, tap on the 2nd option from the top right, select the desired indicator.
Login to www.globecapital.com. Click on’ Globe Trade Smart’ under ‘Trade & Products’ section at the bottom of the website. Click on download of Trade Architect, you will be redirected to the download menu page on which, you can click on ‘Globe Trade Smart (Retail client)’. ‘Globe Trade Smart Installer’ will begin to download at the bottom of the screen. Click on “RUN” to execute the exe download, then click on “New Installation”.
In case you forgot password, click on ‘Forgot password’ on the login screen, enter required details such as ‘User ID’, ‘Email ID’, ’ Captcha’ and submit. Password is sent on registered email ID and mobile number. This will be one time password and you will be prompted to change it mandatorily on login.
Click on ‘Market watch’ on the extreme top of the left corner or alternatively press ‘F4’.
Select Exchange (‘N’ NSE and ‘B’ BSE), Segment (‘E’ Equity, ‘O’ options & ‘F’ Futures), enter the ‘script code’ in the menu bar and press ‘Enter’.
Keep the cursor on market watch, press right click, choose ‘Save portfolio’ from the dropdown.
Press ‘F4’ keep the cursor on market watch, press right click, choose ‘Script portfolio’ from the dropdown. Select the desired market watch from the list and click on apply.
Select exchange ‘N’ (NSE), ‘B’ (BSE), and Segment ‘F ’Futures,‘ O’ options in the menu bar. Further select FUTIDX or FUTSTK for index and Stock futures, ‘Script’ (like Reliance) and Expiry month in the menu bar. In case of Option select OPTIDX or OPTSTK for Index and stock options, Script, Expiry month, Strike price and Option type ‘CE’ Call or ‘PE’ Put.
Click on Buy or sell option on the extreme top of left corner or alternatively press F1 or F2 for buy and sell. Enter desired quantity & price to buy or sell, Select product type and press submit.
Click on ‘Order book’ or alternatively press F3, right click on desired pending order to be modified or canceled. Select the right option from the list and press submit after making necessary changes.
Click on ‘Net Position’ on the extreme top or alternatively press ALT + F6. In net position you can view total quantity of buying or selling script wise, Average price, Day buy or sell value, Net quantity and mark to mark gain/loss.
You can convert the position from intraday to delivery or vice – versa by clicking on ‘Net Position’ on extreme top or alternatively press ALT + F6. Place cursor on which position you want to convert, right click and select the right option from the drop down. Positions can be converted during trading hours till 3:20pm and sufficient margin should be available in trading account
Select desired stock from market watch & press ‘F5’. You can view the top 5 best bids. Net buyer & seller, Last traded quantity (LTQ), Last traded Price(LTP), Volume, Value, Percentage change in price, Open price, High price, Low price, Close price, 52 weeks High & Low and MTM Profit or Loss position wise.
Click on ‘Most active security’ under the ‘Market’ section in the toolbar on the extreme top left of the screen. You can view ‘Equity stocks & Stocks futures’ which are being most actively traded till now throughout the day in both exchanges. You can set the price range to view the stocks that fall in that specific range. (e.g. if you want to see the stocks which all are trading from RS 10 to 50, check the tab ‘LTP between’ under ‘Most active security’ section.
Place the cursor on desired stock, right click and select Intraday & Historical chart under ‘Chart’ section in drop down. Alternatively press CTRL + I for ‘Intraday chart’ or CTRL+ H for ‘Historical chart’
Right click on the chart & select add indicators from the dropdown. Press ‘Z’ for zoom in & Zoom out. You can buy or sell stocks while analyzing the chart without minimizing or closing chart window.
Click on ‘Top Gainers & Losers’ under the ‘Market’ section in the toolbar on the extreme top left corner. You can view stocks of top gainers & losers throughout the day.
Click on ‘Market movement’ under the market section in the toolbar on the extreme top left corner. Fill the required details such as security symbol & press TAB for other details to be fetched. Different time intervals can be set such as ‘10’, ’15’, ‘30’ and ‘60’ minutes. Market movement is essential to assess the expected movement through volumes of any stock till now throughout the day for Equity stocks and stocks derivatives.
Click on ‘index view’ under ‘index section’ in ‘Market’ option in the toolbar on extreme top left corner. You can add or delete indexes, right click and select the right option.
Click on ‘Script alert’ under ‘tool’ section in the toolbar on the extreme top left corner. Your name needs to be entered in alert ‘profile option’, select exchange, enter script and check the boxes as per your alert convenience and click on add option.
When the stock's F&O contracts are in the ban period, no fresh positions are allowed for any of the futures and option contracts in that stock. You will only be allowed to exit from the existing positions during this period. The ban is reversed only if the open interest falls below 80% To get the list of banned F&O contracts, click on ‘Banned security list’ under the ‘Tool’ section in the toolbar on the extreme top left corner.
Click on ‘Fund view’ under ‘Home’ section on the extreme top left corner. You will be redirected to internet explorer on clicking on fund view
Click on ‘Back office’ under’ link’ option in the toolbar on top, you will be redirected to the Back office page on your browser, on which you can explore the following options. ‘Ledger’, ‘Stock holding’, ‘Available Margin’, ‘Trade summary’, ‘Profit & Loss’, ‘Stocks Pledge’, ‘KYC Modification’ and standing positions in ‘Futures & Currency’.
Click on ‘Back office’ under ‘link’ option in toolbar on top, you will be redirected to the Back office page in your browser, on which you need to click on ‘My Profile’ option on the extreme top left of the corner.
Click on ‘Back office’ under’ link’ option in toolbar on extreme top, you will be redirected to the ‘Back office’ page on your browser, on which you need to select ‘KYC modification’ section.
Click on ‘Back office’ under’ link’ option in toolbar on extreme top, you will be redirected to ‘Back office’ page on your browser, on which you need to select ‘Stock Pledge’ section.
Please enter your login credential (which you have received from KYC team on your mail ID & SMS) on login page. This will be one time password and you will be prompted to change it mandatorily on login. If you wish to change password post login, then click on ‘Back office’ under’ link’ option in the toolbar on the extreme top, you will be redirected to Back office page on your browser, on which you need to select ‘Change password’ section on the extreme top of the page. Here, enter the old password followed by new password and then confirm the password followed by Save.
Click on ‘Stock holding’ under the ‘Report’ section in the toolbar on the extreme top left corner.
With 2-factor authentication, an extra layer of security is added to your account to prevent someone from logging in, even if they have your password. 2FA password is DDMMYYY or PAN number.
You can contact customer care: 011-43666566.
20 wrong attempts can lock your account.
Click on fund transfer under the ‘link’ section in the toolbar on the extreme top. You will be redirected to the transfer fund request window on your browser, where two options are visible, ‘To Broker account’ and ‘To Client account’. Select to broker account, fill the amount to be transferred and submit. You will be redirected to your bank portal. You can transfer funds only via a linked bank account with your trading account.
Click on fund transfer under the ‘link’ section in the toolbar on the extreme top. You will be redirected to the transfer fund request window on your browser, where two options are visible, ‘To Broker account’ and ‘To Client account’. Select ‘To Client account’, fill the amount to be withdrawn and submit.
Yes, you can apply through Globe Capital’s Mobile trading App ‘Globe Trade Pro’, or you can login to www.globecapital.com and click on ‘Invest in IPO’ or you can click on https://bit.ly/3asugxM
Yes, UPI is mandatory for applying in an IPO through any online platform.
Log in to Globe Trade Pro (mobile trading app) Tap on ‘IPO’ section under menu option (three horizontal lines on the left side of the app. Select the desired IPO from the list of open IPOs. Enter your bid details. Enter the UPI ID linked to your bank account (where you want to block the amount). Open your UPI app and accept the fund blocking request to complete the application.
While applying for the IPO, make sure you fill the below details appropriately:
Yes, you have to take additional steps to approve the fund blocking request.
You can apply for an IPO through net banking ASBA service provided by your bank if you don't use UPI. You will need to enter the following details for your application: DEMAT ID - This is a 16-digit number in case of CDSL & 16- digit alphanumeric in case of NSDL used to identify your DEMAT account. It is unique for every client. You can find your DEMAT ID under DP IDs on the profile section in Globe Trade Pro. Depository – CDSL/NSDL DP Name – Globe Capital Market LTD
ASBA (Applications Supported by Blocked Amount) is a process developed by India's Stock Market Regulator SEBI for applying to IPOs, Rights issue, FPS etc. In ASBA, an IPO applicant's bank account doesn't get debited until shares are allotted to them. ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. If an investor is applying through ASBA, his application money shall be debited from the bank account only if his/her application is selected for allotment after the basis of allotment is finalized.
An allotment mail will be sent on the registered email id on the day of allotment or day prior to listing by NSDL/CDSL. Shares will be credited in the DEMAT account number mentioned on the application form.
No, you cannot use the funds in Globe Capital Trading Account to apply in an IPO. Client should have sufficient funds in his/her bank account required for applying for an IPO.
Trading & DEMAT.
Equity, Derivatives, Currency, Commodity & Mutual fund.
Resident Individuals, NRIs Corporate, Partnership firms/LLP Trust Society Associate of the Persons (AOP) FII/FPI/FDI Mutual fund Bank
For Resident Indian Individual PAN copy, Address proof (OVD) & Bank proof, Passport Size Photograph, Financial proof in case of derivative segment HUF account Copy of PAN card of HUF Copy of PAN card of Karta Address proof of HUF Address proof of Karta (* Only OVD) Photograph of Karta Bank proof of HUF POI & POA Partnership Firm Account PAN card Address proof Bank proof Certificate of registration (for registered firms only) Copy of Partnership deed Last 2 years’ Annual Accounts (audited Balance sheet) (C.A. Certified) Authorized signatories list with specimen signatures PAN card copy along with address proof for all authorized partners is mandatory Authority Letter for Trading Required Authority Letter & consent format for DEMAT Note: - Firm's stamp required on all places where Authorized signatories have signed in trading only and on supporting documents / no stamp required in DEMAT account opening form and all related documents. Registration certificate required. Net worth certificate required. Note: - Partnership firm can open trading account in the name of the firm but DEMAT will be in the name of partners. (Max. 3 partners) NRI Account: Copy of PAN Card. Address Proof - Indian & Overseas Copy of Passport. Cancelled Cheque 6 months latest bank statement or copy of Pass Book (NRE / NRO A/C) Passport Size Photograph. Fema Declaration (for DEMAT A/C) NRI declaration (in desired format) Income proof required (Salary slip / Form-16 or Net worth, ITR) OCI Card if citizenship outside India CP code required in case of derivative segment (NRO) Minor Account PAN Card Copy of Minor Address Proof Copy of Minor PAN Card Copy of Guardian Address Proof Copy of Guardian Photograph of Minor & Guardian Cancelled Cheque of Minor under Guardian Bank A/C Birth Certificate/ Passport of Minor Note:- Only the DEMAT account of Minor can be opened. Trading account of Minor cannot be opened. Minor shall be the Sole Holder i.e. No joint holder or nominee account can be opened. Minor’s account can be operated by a guardian only. Only Father or mother can be a guardian. In case the guardian is other than a parent, then he/she has to be appointed by the Court. In case parent is deceased, the death certificate is required Guardian has to sign in full AOF including across the photograph of the minor applicant. Corporate Account Copy of balance sheets for the last 2 financial years (to be submitted every year) Copy of latest share holding pattern including list of all those holding control either directly or indirectly in the company in terms of SEBI takeover regulations duly certified by company secretary/whole time director(MD) (to be submitted every year) Photograph, POI, POA, PAN and DIN numbers of whole time directors/ two directors in charge of day to day operations Photograph, POI, POA, PAN of Individual promoter holding control - either directly or indirectly. Copy of the memorandum and Article of Association and certificate of incorporation. Copy of board resolution for investment in securities market Authorized signatories list with specimen signatures Trust Account Copy of the balance sheet for the last 2 financial years (to be submitted every year) Certificate of registration (for registered trust only) Copy of trust deed List of trustees certified by managing trustees/CA Photograph, POI, POA, PAN of trustees
No, it’s not mandatory.
No, Nomination for DEMAT Account is an optional facility for clients.
Yes, she can be a nominee under guardianship, but the guardian cannot be the 1st holder.
Your information is needed for account opening in accordance with the regulatory requirements for account opening.
No, a second holder cannot be added to an existing DEMAT / Trading account.
You need to fill up the nomination form available on our website and submit it to our nearest branch.
Yes, as per SEBI’s latest circular, no DEMAT & trading account can be opened without E-mail & Mobile number.
Yes. You can open only trading account also and link your existing DEMAT account.
POA stands for Power of attorney in DP account where in beneficial owner appoints Globe Capital as a lawful attorney on behalf of him/her for the purpose of auto pay-in of shares to exchange, to discharge the settlement obligation in respect of securities sold by him/her or for the purpose of providing margin in respect of trading positions taken up by client.
Yes, if you want to open a HUF account keeping you as a karta, then you need to provide us with your documents such as Individual Photo, pan card copy & address proof.
Following documents can be accepted as Officially Valid Documents (OVD) for address proofs as prescribed by the SEBI: Aadhaar card copy Passport copy Driving License Voter ID card
Following documents can be submitted for correspondence address, however permanent address proof is mandatory: Gas/Water/Electricity bill (Not more than 3 months old) Bank statement / Pass book (Not more than 3 months old) Ration Card Copy Lease agreement Any proof issued by Government Authority/ICAI/ICWI/ICSI and bar council
Penny drop verification is compulsory nowadays for verifying the name of bank account holder in case of online account opening. If your wife's name appears first in the bank account, you can open the account through offline mode. Please note that first holder approval is mandatory
Following are the additional documents required to OPT derivatives segments- Six month latest bank statement, copy of ITR acknowledgement (Last financial year) Copy of form 16 in case of salaried (Last financial year), salary slip (Latest), Net worth certificate and copy of latest DEMAT account holding ( Not older than three Months), copy of annual account holding and Net Worth Certificate.
Yes, it is mandatory to provide valid financial proof such as Six month latest bank statement, copy of ITR acknowledgement (Last financial year), Copy of form 16 in case of salaried (Last financial year), salary slip (Latest), Net worth certificate and copy of latest DEMAT account holding ( Not older than three Months), copy of annual account and Net Worth Certificate. Any of them can be submitted to activate any type of derivatives segment.
In such a scenario, you can provide any other valid ID such as driving license, passport voter ID, Aadhar card or bank passbook provided your photo appears in the first page of the passbook along with your other details.
You can update your Email, Mobile, Bank, Annual Income and Net worth online by using the link given below- https://myglobe.globextranet.com/CLIENTMODIFICATION/index.aspx
Click on below given link and complete the process step by step https://myglobe.globextranet.com/CLIENTshifting/default.aspx
Bank Proof 1. Bank account statement/Passbook copy should not be more than 3 months old 2. Bank Statement should clearly mention the name and address of the client. 3. The bank statement should duly attested (Sign & Stamp) by the authorized official of the bank mentioning the bank and designation of the bank authorized official. 4. Bank Verification letter should be in prescribed format on the letter head of the Bank duly signed and authorised by the bank official mentioning his/her Name, Designation, Signature & Employee Code. 5. Cancelled Cheque should have name of the account holder and account number printed on the same.
DEMAT masters or recent holding statement issued by DP bearing name of the client.
For Individuals, Stock brokers have an option of doing IPV through webcam at the branch office of the stock broker/sub broker’s office. In case of NRI, employees at the stock broker’s local office overseas can do in person verification. Further, considering the infeasibility of carrying out ‘In-person’ verification of the non-resident clients by the stock broker’s staff, attestation of KYC document by Notary public, Court magistrate, Judge, Local Broker, Indian Embassy/Consulate General in the country where the client resides may be permitted. For Non Individuals, Form needs to be initialed by all the authorized signatories.
Download the account opening form from Globe website and after filling and signing it, do the notarization through Local Bank/Local notary or from Indian embassy. Employees at the stock broker’s local office overseas can do in person verification. Further, considering the infeasibility of carrying out ‘In-person’ verification of the non-resident clients by the stock broker’s staff, attestation of KYC document by Notary public, Court magistrate, Judge, Local Broker, Indian Embassy/ consulate General in the country where the client resides may be permitted.
You can visit www.globecapital.com and click on open DEMAT account in order to open an online account. Complete the process step by step and the following soft copies of documents are required for opening DEMAT & Trading account: PAN card, cancelled cheque, signature on white piece of paper. Income proof such as 6 months bank statement, ITR (Last financial year), Salary slips (Latest) and Form 16 (Last year) if you want to activate the derivative segment.
Up to 4 times the limit is allowed in an MTF account.
No, you don’t need to pay any charges for opening the MTF trading account.
Yes, you have to pledge shares on the same day or maximum the next day morning of your purchased shares in MTF product or else it can be liquidated by RMS and re-purchased in your NRML account without intimation.
In a normal trading account, the Company allows the client to purchase the shares and securities and hold it for a period of T+2+5 days. The account will be blocked on the 7th day and shares shall be liquidated by the Company. But under the MTF account, the client can purchase the shares and hold it for a period beyond 7 days by meeting the required margin.
Our Trading platforms are very simple, ‘Globe Trade Pro’ Mobile App, ‘Globe Connect Pro’ Web based trading app and ‘Trade Smart’ Desktop Trading Terminal. When you place an order you can select the product type as MTF and place the Order. All trades that are executed under MTF will be then uploaded to back-office for allocation to MTF segment.
No! as per SEBI guideline we are not allowed to provide you margins on MTM profit made on your funded position.
Yes, Intraday is allowed.
No, only approved securities permitted by stock exchange / SEBI can be purchased in MTF.
In case of corporate action, stocks purchased under MTF product, benefits like (like bonus, Split) will not be added to your MTF account. However, it will be added to your normal DP account
Yes, MTF products can be added to the same trading account as a separate segment – MTF segment.
You can contact your RM or Customer care on 011-43665666. Customer care team will send you a link to your registered e-mail ID. Click on the link, you will get OTP on your registered mobile number, enter OTP. Your MTF account will be activated in 48 hours.
A financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.
A Mutual fund invests the pool of money collected from the investors in a range of securities comprising equity, debt, money market instruments etc.
Securities Exchange Board of India (SEBI) is the regulatory body for all the mutual funds mentioned above. All the mutual funds must get registered with SEBI.
Mutual Funds provide the benefit of affordable access to expensive stocks. Mutual funds diversify the risk of the investor by investing in a basket of assets. A team of professional fund managers manage them with in-depth research inputs from investment analysts. Being institutions with good bargaining power in markets, mutual funds have access to crucial corporate information which individual investors cannot access.
The risk can be reduced by investing in a portfolio of assets instead of only one asset. The entire fortune of your investment should not depend on one asset.
Mutual funds contain the same risk because investing in the market, the only difference is mutual funds are managed by professionals due to which controllable risks are substantially reduced.
Investments are subject to market risk. When the market is down, most of the equity funds will also experience depression. However, the company specific risks are largely eliminated due to professional fund management.
A.Equity Funds/ Growth Funds An equity fund is a mutual fund that invests principally in equity shares. It can be actively or passively managed. Capital appreciation over the medium to long term is the principal objective carried by such funds. The returns in such funds are not fixed but volatile since they are directly linked to the stock market. They are best suited for investors who are seeking capital appreciation over a period of time. There are different types of equity funds such as Diversified funds, Sector specific funds and Index based funds. B. Diversified funds These funds invest in companies’ spread across sectors. They are best suited for the investor who can take risk and are not bullish about any particular sector. C. Sector funds These funds invest solely in equity shares of businesses operating in particular industries or sectors. They are best suited for the investors who are bullish about a particular sector. D. Index funds These funds-invest in the same pattern as popular market indices like CNX Nifty Index and BSE Index. The value of the index fund varies in proportion to the benchmark index. E. Tax Saving Funds Equity Linked Saving Scheme or ELSS is an open-ended mutual fund scheme which comes with a mandatory lock-in period of three years. In ELSS, more than 80% of the assets are allotted to equities. ELSS is the only mutual fund scheme that comes under Section 80C of the Indian Income Tax Act of 1961. F. Debt / Income Funds A debt fund invests in fixed-interest generating securities such as corporate bonds, government securities, treasury bills, commercial paper, and other money market instruments. They are best suited for the medium to long-term investors who are averse to risk and seek capital preservation. They provide regular income and safety to the investor. G. Liquid Funds / Money Market Funds These funds invest in highly liquid money market instruments. The period of investment could be as short as a day. They provide easy liquidity. They have emerged as an alternative for savings and short-term fixed deposit accounts with comparatively higher returns. These funds are ideal for Corporates, Institutional investors and Business houses who invest their funds for very short periods. H. Gilt Funds These funds invest in Government securities. Since these schemes invest in government securities, they have zero default risk. They are best suited for the medium to long term investors who are averse to risk. I. Balanced Funds These funds invest both in equity shares and bonds in prescribed proportions. The investment objective for a balanced mutual fund tends to be a mixture of growth and income, which leads to the balanced nature of the fund. Investors with low-risk tolerance can utilize balanced funds for healthy growth and supplemental income.
NAV is the net asset value of the fund. The NAV price gets updated every day after market hours.
A. Capital Appreciation: Capital appreciation refers to a growth in the value of the units of the fund. B. Dividend Distribution: Refers to profit distribution among unit holders in the form of dividend by fund house.
The NAV can be tracked on the AMFI website on a daily basis.
Mutual Fund exit load is a fee charged by the mutual fund houses if investors exit a scheme partially or fully within a certain period from the date of investment, as specified in the Scheme Information Document. Mutual fund charges exit load to discourage investors from redeeming before a certain time period.
Yes. One can redeem part units also.
Yes, switching investment partly or fully in one fund to another can be done. AMCs do not charge fees for such switches. However clear instructions need to be provided by a duly filled and signed form and submitting it on any working day at the office of registrar or transfer agent.
The custodian is the company responsible for the possession, handling and safe keeping of all securities purchased by the mutual fund.
The NAV, disclosed on a daily basis in the case of open-end schemes, and weekly basis in the case of close-end schemes, will help you evaluate a fund’s performance. The funds also publish half-yearly results, which include the returns over periods of time; these half-yearly results also provide details such as the percentage of expenses of total assets, which affects yield. You will also receive annual reports or abridged versions of the annual report from the fund at the end of the year. Studies relating to mutual fund schemes are published by the financial newspapers on a regular basis. Research agencies also publish reports on the performance of mutual funds and rankings of schemes in terms of performance. Such reports and analyses will also help you keep abreast of developments. Monitoring the performance of funds will help you decide when to enter or exit a scheme.
Some investors prefer schemes that are available at low NAVs. However, remember that in the case of mutual funds schemes, low or high NAVs have little or no relevance. You should choose schemes based on factors such as the funds’ past performance, service standards and level of professional management. It is likely that the better-managed scheme with a higher NAV may give better returns than a scheme that has a lower NAV.
Online Mutual Fund SIP is a new facility offered through www.globemutualfund.com using which you can place buy orders for a pre-specified amount of your choice at regular intervals over a period of time as selected by you. For instance, you can select a Mutual Fund SIP for a number of installments, frequency and amount as specified by the Asset Management Company. After you have provided the necessary details i.e. the scheme, amount to be invested, frequency of investment, total time period and authorized Globe capital via your Mutual Fund SIP request, Globe Capital will place your Mutual Fund SIP buy orders at market price.
No, you can only do this for the BUY side.
Mutual Fund SIP request is an authorization given by you to Globe Capital for placing buy orders as per your instructions mentioned in the request. The orders placed by Globe Capital as per your authorization vide the SIP request are called Mutual Fund SIP orders.
It means time gap between the two SIP orders, it can be monthly, quarterly etc as defined at the time of initiating a SIP. All further SIP will be debited from your account basis that frequency.
No, once you have placed your Mutual Fund SIP requests, Globe Capital will place the Mutual Fund SIP buy orders on your behalf. You need not login to your account to purchase the units.
'Minimum Period' is the period below which a Mutual Fund SIP request cannot be placed i.e. You need to place a Mutual Fund SIP request for a period equal to or greater than the minimum period. The Order placement page displays the Minimum period and the Maximum period at the time of placing the SIP request. Globe Capital may change the Minimum period or the Maximum period from time to time without giving any prior notice.
In the context of an SIP, Min period usually denotes SIP needs to be registered for that min period.
Yes, subject to being allowed by BSE star MF portal.
Yes. You may place a Mutual Fund SIP Request at any time during the day and even post market hours.
Yes you can, you can even contact your RM for the same.
There is no limit.
Yes, depending on BSE star MF portal/ AMC schemes rules etc.
This detail can be seen in the SIP book available on portal.
SIP order can be seen in the Systematic investment plan window and all orders are available in the Transaction window.
In case of SIP through ledger, Globe Capital will place the order only after checking that sufficient clear funds are available in your Mutual Fund ledger. In case the clear funds in your Mutual Fund ledger are insufficient to place your Mutual Fund SIP order, the entire Mutual Fund SIP order will fail.
In Transaction window or Systematic investment plan window
Yes by sending an email from registered email id to email@example.com. Please do not forget to mention your PAN Number or client code.
Yes, you can redeem only in open ended schemes excluding ELSS.
A Portfolio Management Service (PMS) is a service which provides professional management of investments to create wealth. It aims to cater to the investment needs of individuals or entities with high net worth value by providing them with investment solutions.
In discretionary portfolio management services, the Portfolio Manager individually and independently manages the funds & securities of each client in accordance with the needs of the client. Under non-discretionary PMS, the Portfolio Manager manages the funds in accordance with the direction of the client. In other words, the Portfolio Manager takes buy & sell decisions in consultation with clients.
The investment solutions provided by PMS cater to a niche segment of clients. The clients can be individuals or institutions with a high net worth. The offerings are usually ideal for investors who are
The following investors are eligible to invest through PMS*
In terms of management PMS provides ongoing, personalized access to professional money management services. In terms of customization PMS portfolios can be tailored to address each investor’s specific needs. Mutual fund portfolios are structured to meet the fund’s stated investment objective In terms of Ownership PMS Investors directly own the individual securities in their portfolio. In Mutual funds, the trustee owns shares of the fund and cannot be influenced by buy & sell decision. Minimum Investment 50 Lakhs is the minimum investment in case of PMS and 5000 for Mutual funds. Flexibility PMS products can be customized to meet special customer’s requirements whereas no customization is possible in case of mutual funds.
SEBI (Portfolio managers) regulations 2020 provide that the portfolio manager shall charge fees as per the agreement with the client for rendering Portfolio management services. However, no upfront fees shall be charged by the portfolio manager directly or indirectly to the client.
The portfolio manager is required to accept a minimum 50 Lakhs or securities having a minimum worth of Rs 50 lakhs from the client.
Yes, NRIs can invest in PMS through NRE or NRO accounts. There are some additional compliance/ documentation requirements for NRI clients.
In case of any top-up, clients can comply with the requirement of a new minimum investment amount & top up their accounts to minimum Rs 50 Lakhs.
The client may withdraw a partial amount from his portfolio, in accordance with the terms of agreement between client & portfolio manager. However the value of investment in the portfolio after such withdrawal shall not be less than the applicable minimum investment amount.
You will receive a quarterly update on your PMS account performance. On request you can get a monthly statement as well.
Portfolio manager cannot impose a lock-in on the investment of their clients. However, a Portfolio manager can charge applicable exit fees from the clients for early exit.
NO, we do not guarantee or indicate any return on the portfolio managed by us. It has to be distinctly understood that investing in equity is a risky proposition and there exists a risk to the principal amount invested. Further, SEBI guideline prohibits the portfolio manager from guaranteeing or indicating a return, either directly or obliquely.
Yes, all investments involve a certain amount of risk, including the possible erosion of the principal amount invested, which varies depending on the securities selected.
The Tax liability of a PMS investor would remain the same as if the investor is accessing the capital market directly. However, the investor should consult his or her tax advisor for the same. The portfolio manager ideally provides an audited statement of account at the end of the financial year to aid the investor in assessing his/ her tax liability.
There are many benefits of availing Portfolio Management Services. Some of them are:
Globe PMS ensures complete safety in operations. Stock ownership always rests with the client. We are a registered Portfolio Manager with Security Exchange Board of India (SEBI) vide Registration No. INP000002361.
Documents required: Demat & PMS Account opening form and the risk disclosure. Address proof/Identity proof /Pan Card copy/Bank statements, etc as per the prescribed guidelines from regulatory authorities
As a part of our service offering and in an endeavor to provide complete transparency of the dealings in the client’s PMS account, the reports are emailed to the clients to their registered email id & mailed to the correspondence address, which will enable the clients to track their portfolios. The reports are sent on a monthly basis.
Globe Capital - PMS provides discretionary Portfolio Management Services wherein the portfolio manager manages your portfolio without having to bother you with the day to day decisions. The portfolio manager takes all the investment decisions on your behalf. However, we do comprehensive reporting to maintain complete transparency in managing your portfolio. You will receive regular updates and a detailed report on your portfolio, allowing you to track its activity and performance.
We offer discretionary as well as non-discretionary portfolio management services. In our discretionary portfolio management service, the discretion to invest primarily lies with the portfolio manager. However, at the time of giving us the portfolio you can give us a list of securities, sectors, etc. which you do not/cannot invest in your portfolio due to reasons like conflict of interests, religious beliefs etc. and we will take care of your needs.
In our PMS, we understand that you have given us your hard earned money and therefore we ensure that we answer every query. You can request for an appointment/call and we will arrange a meeting/call with the fund management/Investment advisory team for discussion about portfolio spread and returns or any other query you may have regarding your portfolio.
You can use your current securities / shares to make an investment in a PMS Account, but these will have to be liquidated and the sale amount should be minimum Rs. 50 Lakhs.
The Portfolio Management Services is open for all Indian nationals, resident or otherwise. NRIs will have to open a PIS Account as required under RBI guidelines in order to invest in the PMS scheme.
Yes, you can open a PMS account with a combination of cash and stocks. The initial portfolio of securities/ shares will be re-aligned as per the model portfolio
Individuals/firms with experience in the financial markets and who are interested in becoming entrepreneurs with unlimited income can start their own venture.
We have three Business Modules. Independent AP: Any Individual / firm having some experience in financial market and would like to make career as entrepreneur. Referral AP: Any professional with good network of potential clients and want to convert this network of client base for his own business. They can create their second income source by this model. Referral AP will acquire clients with the support of RM and then dealer will take over clients for servicing and trading. Co-working AP: - If you don’t have your own office and basic infrastructure. We shall help you to provide all these!! For more details contact to BA support team at 011-40412121.
We are a financial services group committed to help you achieve your goals. Our wide range of services and a diversified client base is an outcome of our expertise in guiding you through the financial markets. We have growing network of more than 3000 offices across 400+ locations in India and overseas offices through a subsidiary in DUBAI. We offer diverse services including Equities, Commodities & Currencies Markets Intermediation, Portfolio Management Schemes (PMS), Depository Services, Mutual fund and IPO distribution, Qualified Depository Participant (QDP) services, Securities Lending and Borrowing Services, Corporate Advisory and International Broking, etc. We account for a substantial share of NSE clearing volumes in the Equity and Currency derivative segments. We are also India's leading Depository Participants with NSDL and CDSL. Our expertise in serving our clients to their objectives has earned us the trust of reputed names in the finance industry.
We provide dedicated business development manager to respective BA for his business growth, who in turn will help in client acquisition, activation and revenue generation.
At Globe Capital, Business Associate would receive the Marketing Support in the form of Website, Marketing Collaterals, Seminars and Events, Outdoor Signage Posters, Standees, Canopies, Newsletters and Product E-mailers etc.
BAs can track holding performance, Risk monitoring & view ledger of self introduced respective clients through advance software ‘BA connect’ with unique id & password.
An entity (Individual, Company or Partnership firm) with good track record & reputation in financial services/other business / social circle with potential clients and minimum 1-2 years of experience in selling financial products as a Main broker / Sub broker / Remisier / Mutual fund distributor / Insurance Advisor/ Financial planner or an employee of existing Broker / Business Associate.
Yes, registration with respective stock exchanges is mandatory.
Office space should not be less than 250 square feet, preferably in prime location with recording landline telephone, Desktop or laptop of basic configuration & broadband connectivity are the basic requirement to set up franchisee.
No worries, if you do not have your own office. We will support you with the following infrastructure.
Multiple products can be offered being a BA of Globe capital to your respective clients such as Globe’s own Portfolio Management services (PMS), Mutual fund, IPO, NCD, BOND and LIFE & General Insurance
Yes, we conduct all possible seminars on BA’s request for investors.
We conduct induction in both the format separately, at our Office as well as online after the association with Globe Capital; you can join any format as per your convenience. We also conduct program on Technical analysis, Options Greeks, Fundamental analysis & selling skills exclusively for BAs.
Following documents are required to be submitted with us for registration
No, we look at the ability of an individual and his experience in the financial markets. We also assess your reputation in financial services / other businesses / social records with a good client base and past track record.
Globe Capital has tied up with 25+ banks which can be mapped with your trading account.
List of banks available in payment gateway:
Bank of Baroda
Bank of Maharashtra
Catholic Syrian Bank
City Union Bank
IDFC First Bank Ltd
Indian Overseas Bank
Jammu & Kashmir Bank
Karur Vysya Bank
Kotak Mahindra Bank
Lakshmi Vilas Bank NetBanking
State bank of India
Tamilnadu Mercantile Bank
Union Bank of India
Fund transfer is a simple & easy process which can be done online by logging on to Mobile app ‘Globe trade Pro’, Web based software ‘Globe connect pro’ & Trading terminal ‘Globe Trade Smart’.
In case of cheque, as soon as its credited to Globe account. It usually takes 3-5 working days for payment through cheque to be credited. In the case of payment gateway, the funds are instantly reflected to your trading account.
Third party cheque cannot be accepted as it is unauthorized by SEBI. The cheque should be from the bank account specified at the time of account opening. In case you want to transfer more than one bank account, then please provide the bank details with proof (Bank statement clearly specifying account holder’s name and address). If the amount is received from any other bank account not specified by the client then we cannot consider the amount received from the customer.
You can check the margin tab in all trading platforms of Globe Capital. In case of gateway transfer, it will reflect in margin instantly. In case of cheque, you can check with customer care on 01143666566.
Yes, select UPI option under Add Money section. It's a simple & easy process which can be done online by logging on to Mobile app ‘Globe trade Pro’, Web based software ‘Globe connect pro’ & Trading terminal ‘Globe Trade Smart’.
The UPI payment option allows you to transfer funds from your mapped account using UPI (Google pay, BHIM, etc) app on your mobile. UPI is an instant mode of transfer, and the funds will be updated to your trading account as soon as you complete the transaction successfully. If the UPI transaction has failed and if the funds are debited from your bank account, then your bank should reverse the funds to your bank account within 2-3 working days. You can check with your bank for further clarification.
Yes, if you have funds in the equity segment of Globe Capital, it can be used to trade in commodities.
Yes, there are some limitations on the funds that you can transfer For UPI transfers, the overall limit is 1 Lakh per day, whereas there could be further restrictions on a bank to bank basis. IMPS /NEFT/RTGS transfers, the bank decides the maximum amount per transaction. Generally, it’s Rs. 2 Lakh per transaction for IMPS, but you can confirm with your bank regarding the exact amount.
If you are facing the issue consistently in transferring the funds to a trading account through UPI app, please use a different UPI app to transfer the funds to your trading account.
No, payment cannot be considered made through digital wallet & DD as per SEBI norms.
Withdrawal requests can be placed through logging on to Mobile app ‘Globe trade Pro’, Web based software ‘Globe connect pro’ & Trading terminal ‘Globe Trade Smart’.
Three cut off times are set to consider the payout request in Globe Capital, if you placed the request before 8:30 am, payout will be processed by 10:30 am, before 11 am, payout will be processed by 1:30pm, before 3 pm, payout will be processed by 6 pm. All the payout requests placed post 3 pm will be processed the next day by 10:30 am.
Settlement from any equity based trades i.e. sale of stocks from DEMAT, BTST, or Intraday is on a T+2 basis. So the funds will be available for withdrawal on T+2. In case of F&O transaction, settlement is on a T+1 basis. So the fund will be available on T+1 basis. Intraday profit in case of equity will be settled on T+2 basis.
If you placed the request post 3pm and tomorrow is a holiday, the pay out request will be processed & credited to your savings account on the next working day by 10:30 am.
System can accept the payout request equal to or less than withdrawable balance. Withdrawable balance subject to settlement of your trades, Settlement from any equity based trades i.e. sale of stocks from DEMAT, BTST, or Intraday is on a T+2 basis. So the funds will be available for withdrawal on T+2. In case of F&O transaction, settlement is on a T+1 basis. So the fund will be available on T+1 basis.
No, pay out can only be processed to a secondary bank account linked with Globe Capital rather than primary bank account.
If Withdrawal request is placed on a non working day or public holiday, it will be processed on the next working day by 10:30am.
If you don’t make any trade for a month, then whatever money is in your trading account will be transferred to your bank account as per the circular by SEBI.