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What is Kotak ASSIST?
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ASSIST is a privileged broking service, which is designed to assist you in making the right decisions at the right time. It aims at providing comprehensive investment advice to clients so that they can make informed decisions while investing in the markets. ASSIST will involve investing in a diverse range of investment instruments such as Equity, Derivatives* and IPO's.
*Note-Derivatives are a sophisticated investment device. The investor is requested to take into consideration all the risk factors before actually trading in derivative contracts. Derivative positions will be taken for hedging purposes and not speculative.
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How is ASSIST different from any other broking service?
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ASSIST is a comprehensive broking service that will empower clients with making the right decisions at the right time. In order to do so, a dedicated team of professionals will be working towards meeting your investment objectives .The ASSIST Investment team constantly evaluates the market conditions to let you know when and where to invest.
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What are the advantages of being an ASSIST client?
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ASSIST has been designed keeping in mind the needs of our clients, their investment objectives and the necessity to help them make informed decisions by giving them access to information through our excellent Research services and a dedicated team of professionals. Some of the advantages of being an ASSIST client have been listed below:
a) Access to top quality Fundamental Research from our experts.
b) Complete transparency in Accounts with the facility to check orders online.
c) Facility to check how well your portfolio of stocks is doing with Portfolio Tracker.
d) Dedicated Customer Service team to solve your queries.
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How can I open an ASSIST A/c?
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You could open your own ASSIST A/c by filling in your details in the Open an Account Page and our representatives will get in touch with you. Alternatively you could call us on 30305757 or 1800222299 and we will get in touch with you. You could also download our form and post it to us on the address mentioned in the form.
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What is the minimum amount required to open an ASSIST A/c?
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You can now open an ASSIST A/c with an initial margin of 5 lakhs as cash. If you want to open an ASSIST A/c by bringing in stocks, you may do so but with a margin of above 10 lakhs, of which a minimum of 5 Lakhs would have to be in cash.
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Can I open an ASSIST A/C with stocks and cash combination?
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Yes, you may open an ASSIST a/c with a combination of stocks and cash but in such a case a minimum of 5 lakhs or 25% of the initial margin (whichever is higher) would have to be in cash.
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How will ASSIST help a beginner in the stock markets?
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ASSIST is suited to cater to individual needs and our professional ASSIST team will assist you in understanding the markets better and suggest advice taking into consideration your individual risk-return profile. Also, the fact that it is a service which considers long term investment philosophy ensures that your portfolio will not be churned frequently, thus avoiding unnecessary speculation in the markets.
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I am experienced in the stock markets but don't have the time to track the markets? How can ASSIST help me?
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ASSIST is a service that is designed not only for beginners but also for people who are taxed for time. Quite often, you may be traveling owing to your own work related commitments or not be able to track your portfolio of stocks. In such cases, ASSIST comes in as a very useful service since our ASSIST Investment team tracks the markets and stocks and will be able to present you with a realistic picture of how to go about investing. Added to this, you get the advantage of monitoring your stocks on online with our Portfolio Tracker that gives you data on how well your stocks are performing.
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What is the brokerage structure that is applicable for ASSIST?
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The brokerage structure applicable for ASSIST has been detailed below:
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