Monday, September 21, 2015

Trading Securities

 
 


1 The stock exchange is a regulated market for buying and selling securities. It is established under the Securities Contracts Regulation Act.

2 Under the Act, only registered members (brokers) of a stock exchange can buy or sell securities at a stock exchange.

3 Brokers set up trading platforms to enable investors to place their orders through them. Electronic orders are routed through the brokers to the exchange.

4 Investors should ensure that funds and securities required for their trades is available with their brokers, to settle a trade without default.

5 Brokers create 3-in1 accounts where the trading, demat and bank accounts are linked, so that transactions in securities are smoothly executed.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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