It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Charge | Yes Securities | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹999 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹500 | ₹600 per year |
Charge | Yes Securities | Kotak Securities |
---|---|---|
Plan Name | Invest Value Plan | Fixed Brokerage Plan |
Equity Delivery | 0.45% | 0.49% |
Equity Intraday | 0.05% | 0.049% (both side) |
Equity Futures | 0.05%, Intraday - 0.02% | 0.049% (both side) |
Equity Options | ₹75 per lot, Intraday - ₹25 per lot | ₹300 per lot |
Currency Futures | 0.05%, Intraday - 0.02% | N/A |
Currency Options | ₹75 per lot, Intraday - ₹25 per lot | N/A |
Commodity Options | N/A | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | Yes Securities | Kotak Securities |
---|---|---|
Equity Delivery | N/A | N/A |
Equity Intraday | N/A | N/A |
Equity Future | N/A | N/A |
Equity Options | N/A | N/A |
Currency Future | N/A | N/A |
Currency Options | N/A | N/A |
Commodity Future | N/A | N/A |
Commodity Options | N/A | N/A |