The motile Oswal Demat account is a popular trading platform that is available only to members of the Indian Mutual Funds Association (IMFA). However, this is not an all inclusive form of investment as there are several other benefits that can be had by being a member of this exclusive organization. As well as investing in mutual funds and other asset classes such as gold, foreign currency, stock and real estate, members are entitled to have access to expert advice on a number of key topics. These include whether to invest in emerging markets or in developed markets. As well as investing in assets such as gold, they get access to tips and trends that the experts in the field provide.
Another benefit of being a member of the IMFA is that there are no charges delivery charges. This means that the investors will not have to pay anything extra on account of their membership. Even the minimum monthly fee of just $12 is considered to be a cost. It is important to remember that even this minimal fee is a lot more than what an average individual can invest. Hence, it is vital to consider all the possible costs and benefits before investing.
One of the biggest pros of the Motilal Oswal Demat account is the no charges delivery charges. This is an offshoot of the benefits that are offered to account holders. The reason why the company provides this service free of charge is because they do not have any overhead costs such as sales people, office rent etc. Thus, the investors get to enjoy a number of benefits like no transaction charges and intraday trading charges as well. This means that they will not be charged for any trades carried out during the day.
On the other hand, there are other benefits which are provided by the company. For example, they provide free round the clock customer support and round the clock cash management services. With these services in place, the investors can always be assured of their security and privacy. In fact, the security and privacy maintained by the company to ensure that the transactions made are absolutely safe from all frauds and scams.
One of the other pros of the Motilal Oswal Demat account is the availability of investment options. There are various plans under which the investor can choose from. These include options like SEBI, ICICI Prukken, NRE, BSE, in Mumbai, BPI, Indian Stock Exchange and the like. As such, it is quite possible that the investor can make the most out of their investment.
In short, the company offers a great scheme to the investors. The charges of the plan are reasonable. In fact, the charges delivery charges are also not too high and that makes it even more lucrative for the investors. If you are planning to invest through this account facility, you can check out the pros and cons of Motilal Oswal Demat account opening process in order to get the best benefits out of the deal.