Charge applicable for 1 Lot of NIFTY and BANKNIFTY
Per Lot Initial Margin
* Robo Trading Safety Deposit
** Account Opening Charge
*** Robo Trading Setup Cost
Total Initial Cost
* Need to invest in Liquid fund for safety, this fund shall help a Trader during any draw down in the strategy and continue the trading position with leverage from this fund. In case this this fund is not utilized or used as leverage security, this can fetch an additional interest of 7-8% i.e. more than savings account.
** Applicable once you open the account for all FO trading, not required to pay separately for NIFTY and BANKNIFTY. This amount will be adjusted in the Investment amount, hence not included in the total initial cost.
*** Robo Trading setup cost is one time cost required to setup the Robo system with your Trading account. If any investor wants to opt for multiple Robo in a single time, then the setup cost is applicable only once, i.e. if any invester want to go for NRTS and BnRTS together, then only need to pay Rs. 25,000/- and setup cost not Rs. 50,000/-