Expensive nithin
i’ve been buying and selling from 5 yrs. Now i’ve discovered a method which is giving me constant return. So lots of my associates who had been making losses handed over their funds to me and im buying and selling for them and giving good month-to-month returns. Now many extra are keen to provide me. How am i able to make this into enterprise in order that i can commerce with large public quantity.what ought to i do. Wat sort of enterprise ought to i do. kindly recommendation
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The one accepted methods of managing cash are:
1. Get a PMS(portfolio administration) license from SEBI. It’s worthwhile to have networth of 2crores, pay Rs 10lks registration, and an annual value of Rs 5lks. Getting a license will not be very straightforward, you want to have expertise and qualification. You’ll be able to’t settle for lesser than Rs 5lks from every consumer, and most significantly you should utilize F&O just for hedging. You’ll be able to’t bare commerce F&O.Examine this data from SEBI
2. Begin a mutual fund, networth requirement of fifty crores, fairly robust to get began, however you’ll be able to have shoppers placing in even Rs 100. Once more F&O just for hedging the portfolio. Examine this data from SEBI.
3. Begin a hedge fund (AIF – alternate funding fund), minimal measurement of the fund must be Rs 20 crores and minimal particular person funding of Rs 1 crore. Examine this from SEBI.
4. The one possible way for somebody such as you to do that could be by registering with SEBI as funding advisor and advise your shoppers when to purchase/promote. On this case you won’t be able to execute the trades on behalf of your shoppers. Networth requirement of Rs 1lks and yearly charges of Rs 10,000. Examine this hyperlink on SEBI.
The above are the one 4 methods in which you’ll instantly/not directly handle different folks’s cash in India, and which is accepted by SEBI/NSE/BSE.
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Relying on the quantum of funds that you’re receiving, you possibly can go together with any of Nithin’s concepts OR get your self a Supplier terminal and have your buyers registered and mapped to your buying and selling terminal.This manner, you should purchase promote for all at one go.
why not get Supplier’s terminal and have software program that executes purchase/promote order for a number of consumer’s on one go.Cheaper and authorized.
Hello Nithin,
Its been two years … Any extra progressive concepts on the identical … or the established order stays …How about having a partnership agency?Or how do the businesses promoting Algo buying and selling softwares construction themselves legally?
MasterBlaster:
Its been two years … Any extra progressive concepts on the identical … or the established order stays …
How about having a partnership agency?
Or how do the businesses promoting Algo buying and selling softwares construction themselves legally?
Establishment, and I dont’ assume it will change for some time. Algo buying and selling softwares, they only promote the software program.
Hey @nithin are you able to assist me on this? Customized index of shares
are you able to please elaborate. Thanks
Along with PMS, AIF, mutual funds/AMC, Funding advisor, isn’t there additionally one thing referred to as CIS(collective funding scheme)?
yeah
https://www.sebi.gov.in/sebi_data/faqfiles/jan-2017/1485846814724.pdf
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the purpose quantity 7 says : unit certificates should be compulsorily listed on the Inventory Exchanges .
However i discover none listed on the alternate!
Are there any ?
Additional . it says that CIS will not be come beneath investor safety fund .
Can u pls inform whether or not PMS, AIF , MFs , AMC and so on . come beneath investor safety fund ?
Is it attainable to start out an organization and lift capital privately ofc and make them shareholders in my firm and use this cash for buying and selling?So principally as an alternative of beginning a fund and getting shoppers as buyers within the fund, i fairly increase capital and make them shareholders in my firm itself. Is that this authorized? Any advantages to doing this or are there extra challenges?
