Saturday , November 23 2024

1 October New Rule: Big news for investors in mutual funds, new charges will be applicable from 1 October | News India

Rs. per transaction on mutual funds and bond issues. You will get a discount of Rs 0.25. As before, Rs. per transaction on women's account. The discount of 0.25 will continue.

What does CDSL do?

The full name of CDSL is Central Depository Securities Limited. On the other hand, 'NSDL' stands for 'National Securities Depository Limited'.

Both CDSL and NSDL are depositories registered by the Government of India that deal in a wide range of securities like stocks, bonds, ETFs, etc.

stock performance

On Thursday i.e. 26 September 2024, the stock opened at ₹ 1,503.75 against the closing price of ₹ 1,496.25. After this the share crossed Rs 1,510. The company has recently given one bonus share for one.

Let us tell you that FIIs i.e. foreign institutional investors have invested a lot of money in shares. In June 2023, their stake was 7.92 percent. At the same time, in June 2024 it doubled to 14 percent.

MCX increased charge

An increase in fees has been announced. The transaction fee for futures contracts will be ₹2.1 per lakh of turnover value, while the premium for options contracts will be ₹41.8 per lakh of turnover value.

The exchange has said in its release that these changes have been made based on the instructions of SEBI. In the release, the exchange said that in continuation of the circulars issued by the exchange dated July 10, 2024 and September 13, 2024 regarding SEBI circular charges levied by market infrastructure entities – issued on July 1, 2024 in respect of the exchange Valid for label. Transaction Fee. Issuance of notification.