Networth Direct Networth Direct



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Year of Incorporation 1994
Website http://www.networthdirect.com
Phone 1800 220 223
Exchanges enabled NSE, BSE, MCX-SX, & MCX
Demat (NSDL/CDSL) NSDL, CDSL
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Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

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Profit after Tax FY11/12 Rs 43.05 Lakhs
Profit after Tax FY12/13 - Rs 27.25 Lakhs
Profit after Tax FY13/14 - Rs 1.6 Crores
Profit after Tax FY 14/15 Rs. 3 Crores
Profit after Tax FY 15/16
Debt FY11/12 Nil
Debt FY12/13 Nil
Debt FY13/14 Rs 17.1 Crores
Debt FY14/15 Rs 15.6 Crores
Debt FY15/16
Profit to Equity(%) FY11/12 27.09
Profit to Equity(%) FY12/13 (10.45)
Profit to Equity(%) FY13/14 (14)
Profit to Equity(%) FY14/15 6
Profit to Equity(%) FY15/16
Balance Sheet Size FY11/12 Rs 8.35 Crores
Balance Sheet Size FY12/13 Rs 6.12 Crores
Balance Sheet Size FY13/14 Rs 140 Crores
Balance Sheet Size FY14/15 Rs 147.7 Crores
Balance Sheet Size FY15/16
Online Presence
Online Presence

Google trend over time

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 11,631
Active clients - 2014 12,778
Active clients - 2015 25,024
Active clients - 2016 41,391
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Brokerage

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Equity 0.5%/0.05% to 0.1%/0.01% - Reduces based on Upfront Brokerage Scheme for delivery/Intraday
Equity Futures 0.05% to 0.01% - Reduces based on Upfront Brokerage Scheme
Equity Options Rs 100 to Rs 25/lot - Reduces based on Upfront Brokerage Scheme
Currency Futures 0.03% to 0.01% - Reduces based on Upfront Brokerage Scheme
Currency Options Rs 50 to Rs 20/lot - Reduces based on Upfront Brokerage Scheme
Commodity 0.05% to 0.01% - Reduces based on Upfront Brokerage Scheme
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Account Opening Costs

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Trading only Rs 150
Trading & Demat Rs 300
Commodity Rs 150
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Transparency & other costs

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Equity 0.00325% of Turnover
Futures 0.0025% of Turnover
Options 0.065% of Turnover
Commodities 0.003% of Turnover
AMC charge Rs 400
DP Transaction Charge Rs 25/debit Instruction
Offline order placing Charge Nil
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Software
Web/HTML 5
Mobile
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Charting

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Intraday 10 Days on Fast Trade
End of Day 5 Years on Fast Trade
Coding/Backtesting
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Online Trade Reports
Online PNL Reports
Online Contract Notes
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Margins

Leverage Provided

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Equity Intraday upto 15 times, 3 times for delivery @ Interest
Equity Futures Upto 3 times for Intraday
Equity Options No leverage for buying, Upto 3 times for Shorting Intraday
Currency Futures Upto 2 times for Intraday
Currency Options No Leverage
Commodity Upto 3 times for Intraday
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Support & Tools

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Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
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Convenience

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3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on Networth Direct

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NEWS ON NETWORTH DIRECT

Falling rates break bond, HNIs, ultra-HNIs turn to stock market - Economic Times

20 January 2017

Mumbai: Wealthy, yield-hungry investors are looking to shift bigger allocations of their portfolios to equities and moving out of debt investments as they see interest rates near the bottom and asset managers said High Networth individuals (HNI) are ...and more »

Foreign Investors Pulled Out Rs 3800 Crore From Equities In The Last Fortnight - BloombergQuint

15 January 2017

Pankaj Pandey, Head of Retail Research at ICICI Direct, believes that FPIs' allocation may remain tepid in the coming months. "We do not see a major turnaround for the next two quarters and so, the first half of ..... will give many more people access ...and more »

Government Considers Raising FDI Limit In Print Media To 49% - BloombergQuint

15 January 2017

Currently, the FDI policy permits 26 percent foreign direct investment in the publishing of newspapers and periodicals dealing with news and current affairs through government approval route. The government has started a consultation process ..... to ...and more »

Sebi approves diamond futures contract - Economic Times

09 January 2017

It has given Reliance Capital anchored Indian Commodity Exchange (ICEX) in principle approval to launch a diamond futures contract. One of the conditions it has placed while approving the contract is that the bourse double its networth to the mandatory ...and more »

Little effect of fund commission disclosures on investors - Livemint

02 January 2017

•But high networth individuals (HNIs) and institutional investors appear to be thinking about the relationship with distributors. ... Investors who have stuck with their distributors after the direct option came, know and appreciate the services of a ...

The two Ds that changed the financial scene - Hindu Business Line

01 January 2017

One day, two events. 8/11 was a shocking and momentous day for the Indian financial landscape, marked firstly, by the unexpected announcement by the Modi-led government to demonetise old, high-denomination notes and secondly, by the surprise victory ...