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  • What are the brokerage charges?

    Following are the brokerage charges: 

    1. Cash - 0.75% (Minimum Brokerage Rs 50 or 2.5%)
    2. Futures - 0.05%
    3. Option - Flat Rs 25 / lot

     

     

  • What are the account opening charges?

    Currently there are no account opening charges to open a Demat and Trading account, however, if you choose a premium plan the charges will as per the chosen plan + 18% GST as shown below


    NRI Plans

    Axis Direct Saver Plan 3.1: 10,000 + 18% GST = 11,800

    Axis Direct Saver Plan 3.2: 25,000 + 18% GST = 25,900

    Axis Direct Saver Plan 3.3: 50,000 + 18% GST = 59,000

  • What are the transactions NRIs can do through Non-PIS account?

    NRIs can do the following transactions through their Non PIS account:

    1. Sale of shares acquired through IPO.

    2. Sale of shares received as Gifts from relatives or shares bought as resident Indian.

    3. Derivatives Trading.

    4. Investment in Mutual Funds.

    5. Investment in Exchange traded fund (ETF).

  • What is a NON PIS Account?

    It is a normal savings bank account which can be opened with any bank in India. Non-PIS is an account for which the transactions are not reported to RBI. This account takes care of selling all those shares which are not allowed under PIS. Shares acquired under IPO or received as gift or bought as resident Indian can be sold under Non-PIS account. For opening NRI 4-in-one Investment Account with AxisDirect, you would be required to hold/open a Non-PIS Account with AxisBank.


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