CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
07 November 2010HI GUYS/EXPERTS/ PLZ CAN ANYONE TELL ME SOME GOOD STOCK BROKING FIRMS NAME OF INDIA IN REGARDING CHEAP BROKRAGE+GOOD REPUTATION IN THE MARKET???
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 07 November 2010
Some of the Reputed Broking Houses are :
1. Motilal Oswal
2. Angel Broking
3. Indiabulls
4. Share Khan
etc..
Regarding low brokerage, I suggest not to go for it.
Although broking houses provide you enough liquidity but this way most of the time you will take wrong decisions.
Invest your money for value buying rather than to find cheap broking house.
If someone is charging cheap rates, surely their services would be also of same kind. When the market would likely to turn down in bearish phase; they will sell your stocks and you may incur heavy losses. At that time they demand immediate payments which you may not be able to cope up.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 09 November 2010
Yes, i agree with the views of Mr. Surendra ji, you should not depend on the rate of brokerage only. Also consider the market reputation and number of clients etc and other relevant factors...
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 13 May 2014
Now if you are investing in mutual fund schemes directly, you will be charged less management fee by mutual fund. Therefore your returns in direct plans will be slightly better than the investment you make through an agent. That is why this question arises. Should I invest directly in mutual fund or through an agent?
https://www.holisticinvestment.in/mutualfund-direct-agent
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
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