ashishchhawchharia
706 posts

ashishchhawchharia
@CA_ASHISH79
Chartered Accountant. Option seller.
Katılım Temmuz 2015
67 Takip Edilen24 Takipçiler

@PGi Admitted my son in PGI CHANDIGARH. I have heard that PGI Chandigarh is one of the best institutions in India for treatment. However, we are having a very bad experience here considering humanity, treatment and approach. This may help other parents to think twice.
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@Ashish1Nanda I am using kotak neo, zerodha and finvasia. Considering all aspects kotak neo experience has been the best till date.
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BROKERS ARE NOT SAINTS. NOR ARE WE
A lot of brokers (including I myself) have been at times been culprit of highlighting pricing where they are better priced that other brokers. While keeping complete silence on a lot of charges where they charge much higher. Sometimes exorbitantly high.
This to the audience gives a false understanding that the said broker is highly customer centric. In layman terms, it is akin to some sort of mis-selling.
The fact is that all brokers, without exception, have multiple objectives. One of the common but large objectives is shareholder value. The point I am trying to make is that brokers will charge for some services and discount others. All brokers have a different way of doing things. Ultimately everyone needs to profitable as a going concern.
Let’s take #KotkaNeo as an example. At Kotak we charge some, we discount some. Let’s first begin with what we charge on the higher side:
- We charge btw 0.10% to 0.20% as delivery brokerage for those who open an account after they cross Age 30, Or those who opt for our Pro plan. (For those below 30, we are perhaps the best, will explain later)
- We charge higher on DP AMC at ₹50 per month for ABOVE 30 catagory only.
- We charge higher on DP transaction charges at 0.04% on sell transactions.
But we are economical in many areas (rather most areas) -
- We are ZERO BROKERAGE on delivery charges, if account is opened before age 30. (We don’t start charging if one crosses the age off 30)
- We charge ₹10 per order in Intraday Equity trades (Half of what most digital brokers charge)
- We charge ₹10 per order in F&O (Half of what most digital brokers charge)
- We charge ZERO BROKERAGE on all API orders. No fixed monthly charge either. Unarguably, the best deal in the industry
- On MTF we charge 9.69%pa MONTHLY COMPOUNDED in our Pro Plan. Perhaps amongst the lowest in the industry. (It’s btw 12-18% for most)
- On Collateral Margin used overnight, at 8.99% we are amongst the lowest, if not the lowest. 50:50 rule applies. (This is 12-18% for most)
- We have NRML order type where you don’t need to pay cash upfront, saving 0.01%-0.05% on cost by paying next day. (This is a hidden charge for all digital brokers). They enjoy 1 day float, sometimes 3 days. A massive income for many in lieu of brokerage.
- We have amongst the widest collateral list. We allow stock margin to be given as collateral for MTF positions. We don’t force clients to give cash.
- On DP AMC, we charge ZERO for those who open account before they turn age 30. (Zero brokerage too)
- We charge as per guidelines on all BSDA accounts at ₹50/₹100 AMC. Also No DP AMC if holding value in DMAT account is below ₹1,000.
F&O orders make the bulk of orders in the industry. At KotakNeo, we are discounting this largest pie of revenue.
For cash too, we are perhaps the best for anyone who is under age 30. Rather, THE BEST.
ALSO ABOUT OWNING UP YOUR FAULTS - While we strive to be flawless, I can say with a loud voice, NO ONE OWNS UP LIKE WE DO. If our clients face issues, we stand with them without wavering.
Finally, We pride ourselves on ETHICS. We don’t hide. We pride ourselves on being transparent. We do not operate in Grey. If it is grey, it’s black for us. White is where we operate.
We believe in the phrase - “If we get is right for the customer, we get it right for the firm” Customer for us is everything.
Thank you for paying attention to this long post🙏
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@Ashish1Nanda @kotakneo At present thr is no option to see bifurcation of cash component and non cash component of total margin. Customer care asking to check each and every instrument under margin tab which is not a smart activity. Please provide bifurcation options.
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@Airtel_Presence Got call from this number and the lady was just shouting on me. Very bad customer care and training of ur team. This is the way u train them to talk to clients. Never suggest to use airtel services. V bad experience

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@CA_ASHISH79 We never wish to part ways with you and are here to assist, Ashish. Kindly share the reason for disconnection along with your respective Airtel details via DM, so we can look into it for you. Thanks, Khushi twitter.com/messages/compo…
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@airtelindia @airtelWifichd0 Requested customer care many times since last 3-4 months to discontinue connection but no action taken. 2 months bills raised without any use and suspended. Now customer care calling and harassing with abusive tones
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@Ashish1Nanda Sir, pl also give watchlist in mutual fund segment.
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@adigitalblogger @nikster007 Stt lo, stcg lo, ltcg lo, income tax lo. Sab kuch lutne k baad bolo F&O trading satta hai. Jab govt hi satta bole to society ka aisa sochna bhi thik hi hai India me. No broker association, no traders association to stop the dictatorship and misuse of language.
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Investor protection is upto $500,000 PER INVESTOR in the US if a broker fails.
Other countries sit at min. 5X-10X levels.
Did Groww forget to analyse the 360 degree angle of the story?
Is Groww a bhakt broker?
Groww@_groww
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@Ashish1Nanda @kotakneo Pl provide an option of creating watchlist in Mutual Fund segment . Pl let me know if it is already available.
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@adigitalblogger Budget: Mast raho masti me, aag lage basti me...
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@Ashish1Nanda Trading since last 3 years in kotak. Super 👌
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Kotak Securities Q3FY26.
Forget Income, Forget PAT. Check the Market Share. If your customers trust you, there is nothing that can hold you back. #KotakNeo

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@AirtelWifi27206 @airtelWifichd0 full scam running by airtelwifi (dth). More than 2 months I have requested to disconnect since not in use. Airtel not disconnecting and generating invoice every month. Pl never go for airtel post paid wifi #SCAM
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@31amitpandey @bombayblue Somedays MCX market closes at 5pm which we forget to track. In such cases if exit time is fixed after 5pm thn the position remains open. If we select MIS orders it will auto square off on such days even if exit time is wrongly mentioned after 5pm.
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1️⃣ Market protection is already available for both entry & exit
2️⃣ Leg-wise SL & Target will go live by 2nd week of Feb
3️⃣ You can use Global Exit for MTM-based exits
4️⃣ WIP
5️⃣ WIP
6️⃣ Since we already support time-based exits (individual & overall strategy), could you share a specific use case for MIS orders?
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Hey Traders 👋
Here’s our last quarter roadmap for Strategy Bot - Kotak Neo 🚀
✅ Leg Adjustments
📊 OI Chart
📈 Strategy Chart
🎯 Underlying-based entry & exit
📉 Indicator-based entry & exit
🛢️ MCX & NSE Commodities
What features would you like us to add?
Share your suggestions below 👇
#KotakNeo #OptionsTrading #AlgoTrading
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@zomato @zomatocare @deepigoyal Dear Mr Goyal, zomato is cheating on paid orders and involved in financial frauds. I have placed a paid order. It showed delivered but even after waiting 2 hrs it is not actually delivered to me. Hotel and delivery boy not picking calls. #fraud
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ashishchhawchharia retweetledi

@pratikpota @EurekaForbes
#cheating #eurekaforbes
I have been a customer of Eureka Forbes for the last 12 years and now Eureka Forbes says no to third candle replacement which was in AMC as they delayed replacement beyond AMC date.
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@kotakneo @Ashish1Nanda could you please guide or share docs/process for global investing?
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@PlanDec8189 @Ashish1Nanda Good suggestion. Today, zerodha was down. Exited all open positions using Kite WA tool. Great feature by zerodha to manage/exit positions on downtimes. Would be really great if kotak can also get something like this.
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@Ashish1Nanda True KotakNeo wasn't down. Sir, please bring whats app based order cancelling as backup like zerodha.
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