smifs

Stewart And Mackertich Wealth Management Ltd

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As stated in the new circular from NSE, additional margins shall be made applicable for all equity derivatives in phases starting from 14th September 2018

Product & Services

DEPOSITORY

Stewart & Mackertich is registered as a Depository Participant with Central Depositories Ltd (CDSL) and National Securities Participant Ltd (NSDL) and offers depository services to Individuals and Corporates to hold their shares in electronic form as participant of two leading depositories. At Stewart & Mackertich clients are offered the dual benefit of trading and having a depository service under one roof and experience an efficient, risk-free and prompt depository service. We also offer legal / advisory services to recover stuck up finances in physical shares, whose title are in dispute as bad deliveries.

A Depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry. The Depository Participant (DP), who as an agent of the depository, offers depository services to investors. According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers, etc. are eligible to act as DPs. The investor who is known as beneficial owner (BO) has to open a Demat Account through any DP for dematerialization of his holdings and transferring securities.

There are many benefits if you buy and sell shares in the depository mode:

No bad deliveries

Immediate transfer of ownership rights

No risk of loss, mutilation or theft of share certificates

No stamp duty for transfer of shares

Reduced paper work

Fast settlement cycles

Highly simplified method for pledging/hypothecation of securities with banks

Facilitates securities lending

Facilitates freezing / de-freezing of security accounts

Increase in liquidity of your securities because of faster transfer and registration of securities in your account

Instant disbursement of non-cash benefits like bonus and rights into your account

Regular account status updates available at any point of time

Mission

To be Reliable Managers to Our Clients Wealth, and deliver higher returns than benchmarks in a Rational, Intelligent, Scalable and Repeatable manner

Registration Numbers: Single SEBI Registration No.: NSE (Cash) NSE (F&O) NSE (CD) BSE (Cash)

BSE (F&O):INZ000161035; CDSL & NSDL SEBI Registration No.: IN-DP-24-2015; AMFI: ARN-3080;

PMS: INP000004623: CIN-U51109WB1993PLC060987

Regd. Office Address: 4, Lee Road, Vaibhav, 5th Floor, Kolkata – 700 020

West Bengal, India; Tel. No.: (91 33) 6634 5400, (91 33) 4011 5400 (91 33) 3051 5400; FAX: (91 33) 2289 3401

For any Grievance mail to : investors@smifs.com, Email: investors@smifs.com; Web Site: www.smifs.com

Copyright © 2017 Stewart & Mackertich Wealth Management. Ltd.

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