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praba karan's Comments

3 Comments

3. pkuppusamy

| Link|December 26, 2012 12:15:52 PMReply

Thanks Mukesh,

Yes you are correct, i could have saved 76 % of my brokerage in last year alone. That was equivalent to 10 % of my entire equity portfolio.

I saw few other charges on Zerodha like

1. Instant payment gateway charges for over 21 banks - Rs 9 per fund transfer.

2. DP charges for delivery based equity selling - Rs 8 per transaction.

This DP charges Rs 8 per transaction means, my effective brokerage for every selling will be 20 + 8, is that correct? Still it is cheaper than ICICIDirect.

Thanks,
pkuppusamy

2. praba karan

| Link|December 23, 2012 2:07:18 PMReply

@Sandeep

Now the price is below 140.

Would suggest me to buy now?
What is your 1 year target?

1. praba karan

| Link|December 23, 2012 2:01:43 PMReply

Thanks Mukesh for detailed summary.

Currently i have ICICIDirect account.
I am holding this for 3-4 years.

I would like to know about the discount brokers.

I am a long term investor in equities. Also i invest in Mutual Funds(mostly thru SIP) & Bonds.

Suggest me the best discount broker, where i can my brokerage, & AMC.

Thanks,
pkuppusamy

My ma