Prevent Unauthorized Transactions in your trading and demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your trading and demat account directly from Exchanges/ CDSL on the same day...issued in the interest of investors.
All investors are requested to note that 6 Kyc attributes, i.e. Name, PAN, Address, Mobile number E-mail Id and Income range have been made mandatory. The last date to update KYC details is March 31, 2022 failing which Exchanges will block the non-compliant trading accounts for trading and depositories will freeze the non-compliant demat accounts for debits. For details, refer Advisory for mandatory attributes.
All account holders are requested to please submit a self-attested copy of their Aadhaar card for updating of records.
KYC is a one-time exercise while dealing in securities market. Once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in the investor's account.
Filing complaints on SCORES - Easy & quick - (a) Register on SCORES portal, (b) Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID, (c) Benefits: Effective communication, Speedy redressal of the grievances.
Filing complaints on Online Dispute Resolution Portal (ODR Portal) click on SMARTODR
SEBI ODR Master Circular
Investor are requested to please note that the Exchanges have informed that with effect from April 1, 2022, PANs not seeded with Aadhar will be considered as invalid for the purposes of trading in securities market.
Hence, you are requested to ensure that your Aadhar is linked with PAN through https://www.incometax.gov.in >> Link Aadhar well before the due date, in order to avoid any inconvenience to you.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to ₹50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses at transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Source: SEBI study dated January 25, 2023, on "Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment", wherein Aggregate Level findings are based on annual Profit/ Loss incurred by individual traders in equity F&O during FY 2021-22.