Asit C Mehta

Asit C Mehta Investment Intermediates Ltd (ACMIIL) was established in 1984 to offer financial services to the Indian Clients. The company, which was set up with the idea of providing all financial investment guidance, has achieved the recognition of being one of the most trusted and reputed brokerage houses in India.

Asit C Mehta Investment Review

Asit C Mehta is jointly promoted by the stock market professionals Mr Asit C Mehta and Mrs Deena A Mehta and is a part of the Mumbai-based Nucleus Group of Companies.

Their other group companies offer services in IT and IT related services such as the development of databases, back-office applications for banks, corporate document management solutions and geographical information system.

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Asit C Mehta Services

Equity – Asit C Mehta offers equity trading services to the retail clients through BSE and NSE for cash and derivative segment.

Investors are given services through PAN India network of over 650 associates/locations including 585 franchisees and 65 company branches.

Online Trading – Investors are offered online trading services through the trading portal Investmentz.com. Investors are given the option to do trading through a browser-based interface and a streamer-based solution known as Live eXchange.

Trading service is also available through an Interactive Voice Response facility for the clients, who cannot access the Internet service all the time.

In order to make it easier for the bank customers to get started in the equity, the company has also tied up with the leading nationalized, private and co-operative banks.

Asit. C Mehta also offers a smooth connection between the banking and depository software of the bank.

Institutional Desk – Asit. C Mehta offers equity trade execution services to domestic and FII institutional investors. Banks, as well as, the mutual fund managers get adequate research and market information which helps in making the right investment decision.

Portfolio Advisory Services – Asit C Mehta is a registered portfolio management service provider from SEBI. It offers services to both Resident and Non-Resident Indian to manage their equity and mutual fund portfolio.

Investment Banking – The company holds the Category I Merchant Banking license by SEBI. It offers services like mergers, amalgamations, public offering, private equity, and a full portfolio of investment banking services.

Commodity Trading Services – Through their associates, Asit C Mehta offers services in the commodity sector also. The company is a member of India’s premier commodity exchanges such as MCX, the National Commodity & Derivatives Exchange, India, and the East India Cotton Exchange Association.

Their online trading portal also offers the trading service on NCDEX. One of ACMIIL’s group company is also a member of the Dubai Gold &Commodity Exchange (DGCX).

Mutual Fund and IPO Distribution Services – ACMIIL’s offers these services to the retail investors directly and indirectly through its Branch/ Business associate network.

The company conducts seminars on a regular basis to convey the significance of investment in mutual funds, through Systemic Income Plans. Additionally, the company also advised on an Initial Public offering that is credible enough to be included in the portfolio of the investor.

Debt Market Desk – ACMIIL is a member of the Wholesale Debt Market segment of the National Stock Exchange of India.

The service includes offering quotes and implementing trades in government securities, treasury bills, and various other states- guaranteed bonds.

The service providers have an association with most of the nationalized, private, foreign, and major co-operative banks.

Also Read: What is Debt Market? in detail.

Inter-bank Forex Desk – ACMIIL’s group company Asit C Mehta Forex Pvt. Ltd undertakes inter-bank forex order execution.

The company is accredited by the Foreign Exchange Dealers’ Association of India and empanels with approximately 60 banks.

Depository Services – ACMIIL is a depository participant with the Central Depository Service of India Ltd. (CDSL). The company is also authorized to offer depository services for commodity traders.

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Asit C Mehta Support

Research – ACMIIL offers in-depth research to the investors including the development in the economy, sector and companies. The company offers periodic reports, recommendations, hourly market reviews so that the investors make an informed decision.

The idea behind offering crisp and sector-focused research is to create wealth and investment value for the investors. Not only the analysts in the company suggest recommendations, but also track the portfolio of the investors and offer advisory services.

Advisory Services – All the investors whether at the retail level or the institutional client are offered value-added services. The services are provided through the hourly, daily, weekly, fortnightly and monthly publication of the fundamental and technical research.

All the information is shared through broadcast services on the private VSAT network, SMS and email.

Account Information – The retail clients are offered full access to the official website, where they can get the details about the trading accounts, obligations and reports such as Bill, Contract, Transaction register, Financial Ledger, Stock Register, Stockholding position and so on.

Investors can also get the details of the transaction via e-contract.

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Asit C Mehta Charges

Here are the details on the different charges levied by Asit C Mehta to its clients:

 

Here are the details on different brokerage plans offered by Asit C Mehta. Based on the plan you pick, corresponding brokerage charges will be levied:

Not just brokerage, but account opening charges also varies based on the plan picked by you.

Check this Asit C Mehta Brokerage Calculator for more information on brokerage, taxes, GST, Stamp duty etc.

Asit C Mehta Online Trading Platform

“Investmentz” is the online trading platform of Asit C Mehta. The platform offers investing option to the investors along with other services such as calculators for different purposes such as Wealth Building, buying home, Children education and so on.

There is a mobile app associated with the brand with the same name as well. This is how it looks like:

Some of the features of this mobile app include:

• Investment Planning
• Invest and Trade in Equity, Debt, Cash, Gold, ELSSS
• Fundamental Analysis, especially for mutual funds

At the same time, some of the issues reported by mobile app users are:

• A limited number of features
• Mediocre User Experience

This is how the mobile app is rated at Google Play Store:

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Asit C Mehta Customer Support

Here is a quick look at the communication channels the broker provides:

• Phone
• Email
• Offline branches
• Webform

For general communication, head office address telephone and fax has been given on the official website of the company. For Customer Service Desk, Client and Branch queries separate numbers are given. There is also a separate contract line for Call2Invest Desk for client orders.

Further, the company also uses Twitter to give timely updated to the clients.

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Why Asit C Mehta?

Asit C Mehta is a pioneer in converting a proprietary model of business to a company model for greater professionalism & quality of service to the customers. ACMIIL is also the first to utilize the franchise business model for associates.

The company is also one of the first multiple seat holders in various exchanges so that its customers get all the services under one roof.

ACMIIL is the first company to adopt a VSAT technology network to make sure that the customers get all the information first and fastest. The first to achieve the ISO quality certification for business processes from SGS.

Asit C Mehta has a well designed and comprehensive website to guarantee all information under one roof. The broking house enjoys a good reputation and is a common name in India. Further, its charges are also among the lowest in the industry. Live Chat (and not to forget Twitter) are the key features that make the company truly accessible to the customers.

In case you are looking to get started with share market trading and want to open a Demat Account.

Just fill in some basic details in the form below and a callback will be arranged for you:

 

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More on Asit C Mehta

If you wish to learn more about this stockbroker, here are a few reference links for you: