5Paisa Smart Investor Review
5Paisa Track Record Of Best Online Stock Broker In India
5paisa Smart Investor Review
5paisa.com is the second largest discount broker in India. This broker has grown rapidly due to its huge product portfolio that includes Equity, F&O commodity, currency, IPO, Mutual Funds, ETF, NFO, Insurance and others.
5paisa understands the need of the customer and thus it has launched its new product named as 5paisa Smart Investor that helps the customers to build equity portfolio with the stocks chosen by the experts. This provides step by step guidance to its customers on buying and selling of stocks.
5paisa Smart Investor
5paisa is the equity research tool that helps you in building the equity portfolio with the stocks selected by the experts. This provides a step by step guidance to the customers at the time of buying and selling equity stocks.
There are many stocks in the stock market and their price keeps changing every second. This confuses the customers of which stock should be there in their portfolio and what will be the right time to buy or sell these stocks. It is basically a research tool that will help you in getting the answers of all such questions.
To make this tool available, 5 paisa has partnered with Market Smith India, a research and advisory company founded by US investment legend and author William J O’ Neil. All the stocks market and most of the individual stocks are analyzed completely and tracked by a team of research experts of this company. They evaluate the stocks based on the methodology named CAN SLIM.
The Smart Investor product provides a model portfolio of promising stocks for a long-term investment based on the CAN SLIM methodology. The first step is to start your portfolio with these stocks or restrict your portfolio. By adding promising stocks and removing weak stocks, a model portfolio can be updated. The complete reasoning and analysis from adding or removing is provided. The customer is required to update their portfolio and earn benefits from it.
Smart Investor provides stock evaluation of about 4000+ companies with proprietary ratings, custom checklist, chart with pattern recognition and much more. This also provides multiple idea lists of the stocks that are based on different criteria.
Majorly, Smart investor has two features i.e. Model Portfolio and Advanced Research Tool.
Model Portfolio includes
1. Actionable Buys- The stocks present in the model portfolio are added at different point of time and based on the buy zone and stock conditions that were beneficial at the time of adding. In other words, actionable buys have those stocks of model portfolio that are presently in buy zones.
2. Recent Additions- The stocks that are recently added can be seen in this list. All the stocks that are based on the fundamental and technical strength by using the CAN SLIM methodology are selected. Most of the stocks pass these criteria, but the best and the most ideal of the lot in experts opinion are added in the Model Portfolio. Thus, the customer must consider buying these stocks.
3. Recent Removals- The stocks are removed from the portfolio when they breach the sell rules or in case they weaken technically. The customer should consider selling these stocks.
4. Buy Watch list- It provides the list of stocks that may look promising as per CAN SLIM but are not strong enough to be added in the model portfolio. These stocks are tracked and might get added in the model portfolio.
5. Sell Watch list- it provides the list of stocks of Model Portfolio that look weak. Such stocks are tracked and might get removed from the model portfolio.
Advanced Research Tools
1. Idea-list- It has multiple lists that have top performing stocks under the different buckets. The Prime among them is the growth 50 list which have stocks that are empirically tested and have strong fundamentals and sound base patterns.
2. Evaluation- This access stocks by using the perfect blend of technical and the fundamental data alongside our proprietary stock ratings.
3. Market Outlook- This provides the customer’s daily and weekly analysis of the Indian market that provides you an idea as to whether the current market is helping or hurting the growth stocks.
Frequently Asked Questions
No, It charges flat Rs.20 per executed order brokerage for stock trading and Rs.10 per executed order brokerage for mutual funds.
The features are listed below: 1. Zero brokerage. 2. Free premium Research and advisory. 3. Paperless account opening. 4. Free account opening. 5. Free mutual fund account opening.
In order to track the account opening status of your references, you need to follow these steps: 1. Login to 5paisa.com partner section. 2. Click on the dashboard. 3. Select the lead status and you will be able to see the account opening status of your reference.
The steps to download profit and loss reports in 5paisa are: 1. Enter your username and password by logging in to your account. 2. Click on your Profile logo on the dashboard. 3. Go to “My reports” from the options tab. 4. Select “Portfolio” from the reports option. 5. Select the necessary filters. 6. Click on the PDF or Excel button and download your P&L report from 5paisa.
If the customer applies online to open an account then the account will be opened within an hour. If the customer applies offline to open an account then the account will be opened within 24 hours. Any mistake in the submitted forms or documents would delay the account opening process.
The limit for IPO application is 2 lakhs per transaction on UPI.
You will get a link which you can send to your references. One your references add their name, mail Id and mobile number then the credit will be given to you automatically.
It allows the users to trade and to invest in equity, currency trading to go along with the mutual fund investments across BSE, and NSE.
ALB is the Adjusted Ledger Balance. It is the balance for the fund that you can withdraw or transfer back to the bank account.
The add on packs do not include the GST tax. All the paid plans will be charged at 18% GST over and above the add on pack fees and the same shall be non-refundable.
A minor cannot become a partner with 5 paisa.
To change your billing date, you are required to cancel your subscription and restart it on the date you would like to bill it on. In case you cancel it in the middle of your billing cycle, the cancellation shall be effective only at the end of that billing cycle and then you will be unable to re-subscribe your account until after that time.
5paisa.com does not provide any marketing support. The customer is required to search their references on their own. Although, the complete information about 5paisa.com is available on the website. The information present on website can be used for convincing clients.
When you sell any stocks held in your demat account and the securities are debited from the demat account then a demat debit charge is levied by 5paisa. The charges are 0.025% i.e. minimum Rs.25 per transaction of the value of securities.
The de-registration will not be available from the application until the active requests are revoked/executed.
The signature may get rejected due to the following reasons: 1. If the client has signed other than blue or black ink in the sent documents. 2. If the client has signed with pencil. 3. If the signature file is not uploaded properly. 4. If the signature does not match with your PAN. 5. If the signature is blur and not visible.
No, there are no charges for transactions done through UPI.
This broker results as a fantastic choice for the beginner clients as it is cheap. It charges a flat rate brokerage for all the segments and allows investment with assistance of small chunk of money without the need of deploying massive funds into the demat account.
They are the type of mutual funds that invest in securities with a residual maturity of up to 91 days. The assets invested are not tied up for a long time as liquid funds do not have lock-in period.
It is the date on which the client’s investment will be processed each month. When a client does an SIP then the amount is debited from their bank account one business day prior to the SIP date.
A Virtual Payment Address (VPA) is a unique identifier that can be used to send and receive money on UPI. Think of it as an email Id that you can use to transfer money.
You are required to have an active equity account in order to subscribe to any of our add on back plans.
No, only one bank account with one IPO application is allowed.
No, this broker belongs to the house of discount brokers and they don’t provide research services. However, the customers can rely on 5paisa terms of information regarding the top picks. Its robo advisory tool guides the customers through lot of aspects.
UPI is an abbreviation used for Unified Payments Interface (UPI). It is an instant payment system developed by the National Payments Corporation of India (NPCI), an RBI regulated entity. It is built over the IMPS infrastructure and allows you to instantly transfer money between the sender and the receiver.
Yes, It is safe, trustworthy and reliable stockbroker. It is promoted by Mr. Nirmal Jain, the founder of IIFL group (formally India Infoline). This broker is professionally managed and publicly traded company that is listed at BSE and NSE.
In order to get your SIP stop, follow the steps: 1. Go to Mutual Funds order book. 2. Click on the SIP section. 3. Click on the scheme you wish to stop. 4. Click on the Stop SIP option. 5. Select a reason and click on stop SIP.
The customer can redeem investments by using the following steps: 1. Visit the Mutual Fund Portfolio (termed as MF Holdings on web). 2. Tap on the scheme you would like to redeem. 3. Click on Redeem. 4. Choose the units or amount to redeem. 5. Click on Confirm.
If you have insufficient balance in your bank account while accepting the IPO mandate then the transaction will get declined. You need to have sufficient funds in your bank account to carry on the transaction.
You need to send physical signed form to get your demat and trading account closed.