User Guide - Karvy Online Trading

Transcription

1 1 User Guide - Karvy Online Trading Contents Login Introduction Log In Password Reset Log Off Profile Home Your Profile Change Password Useful Link - Karvy Research Markets Market Watch Watch List Set Alerts Market Statistics Market Movement Option Calculator: Market Status: Get Quote Option Chain Equities Buy / Sell Order Entry Spread Order Book Order Book Trade Book Trading Positions Trade History SIS (Systematic investment in shares/stocks)... 20

2 2 4. Currency Buy / Sell Order Book Spread Order Book Trade Book Positions Trade History Mutual Funds Subscribe Redeem MF Purchase Redeem Switch Systematic Investment Plan (SIP) Systematic Transfer Plan (STP) Funds Scheme Performance MF Order Book MF Order Details Systematic Order Book Holdings MF Holdings Holdings in DP Tax Computation Return Analysis Tool Account Statement Invest IPO Order Entry Order Book Fixed Deposit Infra Bond Infra Bond Order Entry... 52

3 Order Book Infra Bond Holding Statement Accounts Cash Transfer Cash Statement Stock Statement Payin Payout Margin Statement What is a receivable? Why Investor provided limits against receivables? How do I increase my purchasing power? What is a payable? Why are payables deducted from limits? How to decrease the purchasing power? Net Worth Investor Transaction Tracker... 57

4 4 Login Introduction 1. Log In: Login to to access the login page. Logon to

5 5 2. Password Reset: User will be prompted to change the password during the first login as shown above 2.1 Current pass word: Enter current password 2.2 New pass word: Enter new password (new password should be alphanumeric with a special character) 2.3 Re enter new pass word: Re-enter the new password for verification Password security: Please do not disclose / share Login ID & Password to any other person 3. Log Off User may logoff by clicking the Logout option on the top left hand corner of the screen or user may simply close the browser. If the browser is left inactive for a certain amount of time, it gets logoff automatically. It is advisable to logoff while leaving the desk.

6 6 1. Profile 1.1 Home Login Details : This portion will display the login status with client login id 2. Alerts & Confirmations : This tab will display the Market Alerts & Order Confirmations 3. Indices : Real time Index values will be displayed here 4. Main Menu: The main menu bar covers various products, reports and information 5. Exchange News : Live News from exchanges will be displayed here 6. Karvy News : Important news being displayed by KARVY 7. Indices Graphs : Live changes of indices will be displayed through a graph 8. New Offerings : Information related to other ongoing financial products such as IPO, MF, Bonds, FD will be updated 9. Karvy Offerings : User can get additional important information e.g. checking of clients risk assessment 10. Asset Watch : The current value of portfolio will be displayed in a graphical form

7 7 11. Last Login details & password validity : User will get last login session details with current password validity 12. Market timings: In this portion user will get market session updates, e.g. pre opening session started, markets are opened etc. 1.2 Your Profile User can view his/her personal profile. It is very important to check the profile before user starts online investing: Change of Profile: For any changes in the details updated in the profile, user can give the request at the KARVY Branch

8 8 1.3 Change Password: User will be prompted to change the password in the first login. User can also change the password at any time by using the menu: Profile->Change Password. 1.4 Useful Link - Karvy Research: To assess various types of research reports, link is provided under useful links. Under this option various links are also provided such as NSE/BSE/SEBI etc.

9 9 2. Markets 2.1 Market Watch: Market Watch helps to track the current market prices of the scrips and the contracts trading in the stock exchanges like NSE and BSE. User can add the Equity scrips and the Derivatives contracts in a single Market watch. a) Active Watch list: Displays the name of the Watch List that is currently displayed. This could be a pre-defined Watch List or the one defined by the user b) Add Symbol link: Use this to add a symbol when customizing a Watch List. This link opens Watch List Configuration window to add the stocks or the instruments c) Symbol: The trading code of the stock or instrument ID of a contract d) Series: The series of the stock as defined by the exchange. This column does not appear for derivatives e) Exchange: The exchange on which the stock is traded f) CP Action: Y indicates that the stock has a corporate action g) Buy Qty: The total quantity of all buy orders for the stock at the buy price shown h) Buy Price: The highest price of all the open buy orders for the stock i) Sell Price: The lowest price of all the open sell orders for the stock j) Sell Qty: The total quantity of all sell orders for the stock at the sell price shown k) LTP: The last traded price of the stock l) +/- : The up-facing green arrow indicates that the LTP is higher than the previous LTP The down-facing red arrow indicates that the LTP is lower than the previous LTP m) Time: The time at which the market data for the stock was last updated n) Change %: The change in the LTP expressed as a percentage of YCP

10 10 o) Short-cut Menu: Click on the name of the stock to bring up a menu with the options given below p) Buy: This opens the Buy Order Entry window, with the name of the stock and the best sell price automatically populated in the respective fields q) Sell : This opens the Buy Order Entry window, with the name of the stock and the best buy price automatically populated in the respective fields 2.2 Watch List: User can create up to 3 watch lists to monitor potential investment opportunities at a glance. There would be another 3 pre-defined Index market watch also available namely NIFTY, SENSEX and CURRENCY Field Remove List button Watch List box Add List button Product EQUITY FUTOPT Description Select the name of a Watch List and then click on this button to remove it The list of custom Watch Lists that user has created Use this button to create the market Watch Select one of the following products to add to the watch list To add a stock to the watch list To add an equity derivative to the watch list

11 11 CURFUT To add a currency derivative to the watch list Exchange Symbol Add button Remove button Save List Select the exchange as NSE, BSE, MCX-SX etc., Search for the stock, equity derivative, currency derivative by using the Search Symbol. The selected instrument will be displayed in this field. If the user knows the stock symbol or the contract ID user can enter it directly in this field This adds an instrument to the list This removes an instrument from the list After adding a stock or an instrument, press this button to save the list 2.2 Set Alerts : Alerts helps the user to keep track of favorite stocks. Set alerts against price targets and system will notify the user the moment it triggers. Alerts may be set only for equity and can be set on the price or on an index. 2.3 Market Statistics: User can view live market statistics by using this option Top 10 Gainer stocks in the market Top 10 Looser stocks in the market Top 10 Gainer stocks by volume in the market

12 Market Movement: User can view day s high and low prices hourly basis by using this option. 2.5 Option Calculator: This tool is designed to derive premiums of option based on set of assumptions about the future (i.e., interest rates, dividend payments, volatility, etc) and correlate with the ongoing option premium. 2.6 Market Status: This is nothing but display of market status such as closed, offline order placement option available or not which can be used for AMO purpose etc. 2.7 Get Quote: The Get Quote option is available through the market watch screen and in the order entry screen. The market depth for the instrument is displayed along with market statistics.

13 13 Field Enter Symbol Exchange Get Quote Refresh Data Buy and Sell Total Orders Qty Price LTP LTQ LTT Total Qty Avg Price Upper Circuit Lower Circuit Open Intr (O.I) Tot Trade QTY Tot Trade Value Open Description The symbol of the instrument for which user wish to see the data User selects the exchange in which he/she wish to see the market depth of the instrument i.e. NSE, BSE or MCX-SX Click this button to fetch the data As the market data is constantly changing, user use this button to ensure that he/she is viewing the latest information The market depth is arranged in decreasing order of price on the buy side and increasing order of price on the sell side The total number of buy and sell orders available at the given price The total quantity available to be bought or sold at the given price The price level of the orders The price of the most recent trade The quantity of the most recent trade The time of the most recent trade The total quantity that has been traded so far The average trade price. Upper limit applicable for the scrip for that day Lower limit applicable for the scrip for that day The open interest is calculated for derivatives and is the open quantity available for buy or sale in the market The total trade quantity The total trade value The price at which the instrument opened on the current day

14 14 Close High The yesterday s closing price of the instrument The highest price at which the instrument traded on the current day Low The lowest price at which the instrument traded on the current day 52 Week High The highest price at which the instrument traded in the last 52 weeks 52 Week Low The lowest price at which the instrument traded in the last 52 weeks 2.8 Option Chain: This is a listing of the complete set of options available for a particular underlying. The data for each option includes option type, strike price and expiration date.

15 15 3. Equities This portion is very important as it covers order entry, order book, trade book, trading position, trade history etc. which are explained as under., 3.1 Buy / Sell Order Entry: The order entry interface has been designed to enhance the execution process by providing user with easy and efficient method to purchase / sell the stock or contract. This interface is common for both the Equity and the Derivative market and is displayed in the below given market watch screen. Buy Order Entry

16 16 Sell Order Entry Field Transaction authentication Product Description Password has to be entered to start trading. This is valid till the user is logged off Note: User login password will serve as a transaction password The following products are available: EQUITY for trading in equities FUTSTK for trading in future stocks FUTIDX for trading in future indices OPTSTK for trading in option stocks OPTIDX for trading in option indices FUTCUR for trading in currency derivatives The products displayed in this list depend on what user is registered with Karvy. For example, if user is registered only for trading in equities, the derivative products will not be available to the user Exchange Symbol Verb Segment The exchange in which user want to place an order. This has to match the product selected. KARVY online trading platform provides an interface common for BSE, MCX-SX, and NSE. However, only the exchange for which user have registered with Karvy will be available The trading code or contract ID of the instrument. User can make use of Search Symbol to search for the stock or a contract. User can also find the quote for a stock, contract or currency derivative. Search Symbol: This link will display a separate window based on the product selected. For equity Stock Code Search will open to search for the stocks. For derivatives the Contract Search will open enabling the search for various types of contracts Specify whether user want to buy or sell. When trading in equity, the short sell option is also available The segment in which user want to trade. The types of segment vary according to the product selected. For equities the segments available are Delivery and Intraday and for derivatives Carry-forward and Intraday

17 17 Order Type Quantity Price User selects the type of order he/she wants to place. The types available are Limit, Market, Stop Limit and Stop Market The quantity that user want to trade. The quantity must be a multiple of the lot size in case of derivatives The price of the order has to be entered. This field is enabled only for Limit and Stop Limit orders and is disabled for Market and Stop Market orders. The price must be a multiple of the tick size Stop Price Fill Type For stop loss limit and stop loss market order, the Stop Price has to be given The validity of the order is specified here whether it is to be executed immediately or can stay in the market till it gets matched during the day. The types available are DAY, IOC and GTS Disc Qty User has the option of entering the quantity that he / she want to disclose to the market. This quantity should be greater than 10% of the total order quantity but less than or Equal to the total order quantity Client ID This is the unique User ID allotted by the broker and is automatically displayed 3.2 Spread Order Book An order book is useful in monitoring and tracking the list of orders placed by the user. Under this section user can view the log of spread orders.

18 Order Book An order book is useful in monitoring and tracking the list of orders placed by user. Under this section user can view the log of orders placed in equities and derivatives. User can view a section of orders, by specifying additional selection criteria. For example, user can view all orders that are pending execution in a selected exchange. User order book also provides a facility to modify or cancel the active /pending order.

19 Trade Book An order is a request to buy / sell instruments, while a trade is a deal that has been confirmed by the exchange based on users order specifications. This book is ideal if user wish to know the trades that have happened on each order placed. In other words this book helps the user to know the total quantity executed for each of the orders and the average price at which the order was executed Trading Positions Trading position screen provides the following: a) Trade View: Here, user can check the net position with live update of MTM value. User is provided with two options -> One is for converting the intraday positions to delivery & the other to square off the open position ( C stands for Convert to delivery, S stand for Square off). b) Order View: In this screen user can view all pending orders with order modification option. c) P & L View : We can check the booked profit in the closed positions

20 Trade History This is a list of all trades. The Trade Book provides trades order-wise, whereas the Trade List displays each trade separately, including multiple fills that have happened on a single order. Example: Place a market buy order for 175 units of MTNL. The order gets traded as follows: The Trade Book will display only one record while the Trades List will display three separate records. 3.7 SIS (Systematic investment in shares/stocks) : SIS is nothing but an option given for investors to built portfolio in selected stocks with systematic manner in fixed intervals e.g. weekly basis. Here user can view executed orders, stock performance, stock selection, recommend watch etc.

21 21 4. Currency This Section covers the order entry, order book, trade book, trading position, trade history etc. in Currency Derivatives segment. 4.1 Buy / Sell The order entry interface has been designed to enhance the execution process by providing user with easy and efficient method to purchase / sell the contract. Market Watch screen: Buy Order Entry

22 22 Sell Order Entry 4.2 Order Book An order book is useful in monitoring and tracking the list of orders placed by user. The order book tracks the status of user orders real-time throughout the lifecycle of the order. User can monitor the history of each order to know the changes that have happened on the order. By default the order book displays all the orders placed by user during the current trading day. List of Abbreviations Used: M Modify C Cancel STPMKT Stop Market LMT Limit MKT Market STPLMT Stop Limit SSELL Short Sell 4.3 Spread Order Book An order book is useful in monitoring and tracking the list of orders placed by the user. Under this section user can view the log of spread orders.

23 Trade Book An order is a request to buy / sell instruments, while a trade is a deal that has been confirmed by the exchange based on the order specifications. This book is ideal if user wish to know the trades that have happened on each order placed by user. In other words this book helps the user to know the total quantity executed for each of the orders and the average price at which the order was executed. 4.5 Positions Positions display the portfolio of an investor for each contract based on his/her trading strategy. A position helps user to know the portfolio projections in the market. It enables user to know the gains and losses. Trading position screen provides the following: a) Trade View: Here user can check the traded orders position with live update of MTM value. b) Order View: In this screen user can view all pending orders with order modification option. c) P & L View: Will display the realized profit & loss for the closed positions 4.6 Trade History Trade history is list of all trades done by Investor. This book provides the list of all the confirmed deals done by user. The Trade List also provides details on the quantity and price at which the deal was confirmed. The trade book by default shows all the trades for the current trading day. The trade book provides trades order-wise, whereas the Trade List displays each trade separately, including multiple fills that have happened on a single order. The trade book will display only one record while the Trades List will display breakup of the separate records.

24 24 5. Mutual Funds A Mutual Fund is a fund operated by an investment company that raises money from many investors and invests it in stocks, bonds, options, commodities, or money market securities. These funds offer investors the advantages of diversification and professional management. 5.1 Subscribe Redeem MF Purchase By default MF Schemes page displays all Promoted MF Schemes. Investor can view the Recommended Schemes by selecting 'Recommended' Type and All Schemes by selecting 'All' Type. Investor can view the Plans of MF Schemes by clicking 'P' - Plans Button. Investor can view MF Detail View page to know Additional Information about MF Fund by clicking 'D' - Details Button.

25 25 A purchase refers to the first time that an investment is made in a Mutual Fund Scheme. The data required for a purchase order depends on the mode of delivery selected by the investor. Follow the steps given below to place a purchase request. 1. Select RTA or an Exchange. An exchange is selected for online MF purchases, while RTA is selected for purchases made through the Registrar. Purchases made through the RTA may use only the Physical Delivery mode. 2. Enter the Scheme Name by clicking on the S to search for the Scheme name. 3. Enter the amount to be invested. The amount has to be equal to or greater than the minimum subscription amount required for the scheme. 4. If the purchase is to be made using the Demat mode of delivery, the DP account into which the units purchased are to be transferred has to be selected. 5. If the investor already has holdings in schemes that belong to the same Fund House, then the folio numbers of those holdings will be displayed. The investor may choose an existing folio number or opt for a new one. This is required only for purchases made using the Physical delivery mode. 6. Select the mode of delivery. If user would like the units to remain with the registrar, choose Physical. If user would like the units purchased to be transferred to the DP account, and then choose the Demat mode of delivery. The Demat mode may be used only for purchases made through an exchange. 7. Select the mode of payment. 8. Check the mode of holding i.e. single or joint. For Joint holdings, the details of the joint applicants should be registered with the Broker before user places the purchase request. When this is done, their names will be displayed in the window summoned by clicking D. 9. Choose the bank that will be associated with the folio number assigned for this purchase and click Next. If the Demat mode of delivery has been selected, then the bank account registered with DP account will considered. 10. Depending on the method of payment user should select, the next step differs. a. If user selects Online Transfer it will be directed to the website of the users bank where user will have to login and make the transfer. b. If user selects Cheque/DD then user will have to enter the details of the cheque or DD. Once this has been done, a preview of the order is displayed. c. If user select Investment Account then user will be taken directly to a preview of the order that can either confirm or reject. To ensure whether user have sufficient funds in the account, go to

26 26 Accounts Cash and check the Free Cash Available. 11. Once user has confirmed that the order details are correct, then user can place the order. 12. When the order has been successfully placed, it will appear in the MF order book, which is under Mutual Funds Order Book.

27 27 Do joint applicants have to be registered? The joint applicants need not be registered. However their details such as name and PAN number should be updated In the Database. Can I register more than 2 joint applicants? Only two joint applicants can be registered. How do I select only one joint applicant for a transaction? Selecting a single joint applicant for a transaction is not possible. If the investor wishes to have a single joint holder for a transaction, he should register the details of only one joint holder. How do I know whether to choose the folio number or New? Although Fund Houses assign a folio number as an identifier for each subscriber, you can opt to get a new folio number for each scheme that you subscribe to. If so, then choose New when you are making a purchase. If you would like all schemes under a fund to have the same folio number, then choose the existing folio number. Of course, if you are subscribing to a scheme from a Fund House where you do not have any holdings, you have to choose New. If I am paying for my purchase by cheque or DD, why am I still required to provide bank account details? The Registrar requires all subscribers to provide their bank account details. This is because any money that is to be given to you is directly credited in your bank. You will receive money either through dividends declared or if you choose to redeem your holdings in a scheme Additional Purchase: - once units have been purchased in a scheme, further purchases are termed additional or incremental. If investor has invested in a Mutual Fund, he / she may purchase additional units. This transaction is treated as an increment to the existing holdings and not as a fresh purchase. This means that investor will not be able to change details such as mode of holding and the bank details that have already been linked to the folio number. Follow the steps given below to place an additional purchase request. 1. Select RTA or an Exchange. An exchange is selected for online MF purchases, while RTA is selected for purchases made through the Registrar. Purchases made through the RTA may use only the Physical Delivery mode. 2. Enter the Scheme Name by clicking on the S to search for the Scheme name. Additional purchases may be made only for schemes in which investor has the holdings.

28 28 3. Enter the amount to be invested. The amount has to be equal to or greater than the minimum subscription amount required for the scheme. 4. If the purchase is to be made using the Demat mode of delivery, the DP account into which the units purchased are to be transferred has to be selected. 5. Select the folio number for which the additional purchase is being made. 6. Select the mode of delivery. This mode has to match that of the original purchase. If not, the request will be rejected by the exchange or registrar. 7. Select the mode of payment. (See Section on Modes of Payment ) 8. The mode of holding and bank of the original purchase is displayed for viewing purposes only and cannot be edited. 9. Depending on the method of payment, the next step differs. a. If user selects Online Transfer it will be directed the payee bank website. b. If user selects Cheque/DD then user has to enter the details of the cheque or DD. Once this has been done, a preview of the order will be displayed. a. If user selects Investment Account then it will be taken directly to a preview of the order that user can either confirm or reject. To ensure whether investor has sufficient funds in his/her account, go to Accounts Cash and check the Free Cash Available. 10. Investor can place the order after verifying the order preview. 11. Confirmed orders will be updated in the MF order book. ( path-> Mutual Funds Order Book )

29 Redeem: - Selling of the holding either partially or all holdings in a scheme is termed as redemption. There are two ways by which the investor can redeem the holdings: 1. Specify the amount of redemption, the amount will be divided by the NAV (as on the day of redemption) to translate the amount into units. 2. Specify the number of units to redeem, this number will be multiplied by the NAV (as on the day of redemption) to arrive at the amount due to the investor (exit load will be applied on the NAV). As a result of redemption, the holdings will be decreased by the number of units redeemed and the redemption amount will be paid to the investor. Follow the steps given below to place a redemption request. 1. Select RTA or Exchange. 2. Enter the scheme name by clicking on the S to search for the Scheme name (Only schemes in which investor has holdings will be displayed). 3. Select the mode of delivery. This mode has to match with the original purchase. If not, the request will be rejected by the exchange or registrar. 4. If the units are being held in a DP account, the respective DP account has to be selected. 5. Enter either the amount or the number of units to redeem. Investor can also choose to redeem all his/her holdings in the scheme. 6. If user has more than one folio number associated with the scheme, user has to select the folio number from which he/she wish to redeem the holdings. However, if the users wish to redeem all units from all folio numbers, user will have to place individual redemption requests for each folio number. 7. Investor can place the order after verifying the order preview. 8. Confirmed orders will be updated in the MF order book. ( path-> Mutual Funds Order Book )

30 Switch Investors can Switch between schemes belongs to the same Fund. It means redeeming the holdings in one scheme and making a new or additional purchase in another scheme. If both schemes belong to the same Fund house, this can be done in one transaction instead of two. Like Redemption, there are two means by which Investor can switch the holdings: 1. Specify the amount to switch. The amount will be divided by the NAV of the scheme to translate the amount into units. Holdings in this scheme will reduce by this number. The amount will then be divided by the NAV of the new scheme switching to in order to arrive at the number of units to be purchased in the new scheme. 2. Specify the number of units to switch. This number will be multiplied by the NAV of the scheme to arrive at the amount. This amount will be divided by the NAV of the new scheme switching to in order to arrive at the number of units to be purchased in the new scheme. In both the cases, holdings in the scheme which are switching from will decrease by the number of units switched and the holdings in the scheme which are switching to will increase the number of units. Please note that as in the case of redemption and purchase, entry and exit loads will be applied wherever applicable. Steps to be followed to place a switch request: 1. Switch requests to be placed only through the Registrar. 2. Enter the Scheme Name by clicking on the S to search for the Scheme name (Only schemes in which investor has holdings will be displayed). 3. Select the scheme which is to be switched.

31 31 4. Enter either the amount or the number of units of the Scheme which is to be switched. 5. Investor has to select the Folio number if the Investor has more than one folio number associated with the scheme. 6. Investor can place the order after verifying the order preview. 7. Confirmed orders will be updated in the MF order book. ( path-> Mutual Funds Order Book ) If I already have holdings in the scheme to which I am transferring holdings, what folio number will the transferred holdings have? The transferred holdings take the folio number of the scheme from which they are being transferred. This is simple if both schemes have the same folio number. However, if the holdings in the scheme to which the transfer is being made are under a different folio number, then investor will end up with holdings under two different folio numbers in the same scheme Systematic Investment Plan (SIP) Instead of investing a lump sum of money at one time in a mutual fund, Fund Houses offers the investor in investing a fixed amount of money at a specified frequency e.g. once a month or once in six months. This is similar to a purchase transaction by specifying multiple purchases over a period of time. Investor has to mention the time period for which he/she would like the SIP to be in effect.

32 32 Registering the SIP Steps to be followed to register a SIP: 1. SIP requests to be placed only through the Registrar. 2. Enter the Scheme Name by clicking on the S to search for the Scheme name. 3. Specify the frequency / Time period to invest. This could be either once in a month or once in three months i.e. quarterly. 4. The date of the payment has to be selected. Each scheme has a set of dates within a month on which the investment may be made. The following examples will explain this further. Example 1 Investor places a SIP subscription request on 10 th August The frequency of the SIP is monthly and the date is 10 th. The next payment will be due on the 10 th of September. Example 2 Investor places a SIP subscription request on 21 st August The frequency of the SIP is quarterly and the date is 21 st. The next payment will be due on 21st of November. 5. Select the folio existing number or a new one. If investor already has holdings in schemes that belong to the same Fund House, then the folio numbers of those holdings will be displayed. 6. Enter the amount of investment to be made. The amount has to be equal to or greater than the minimum subscription amount required for the scheme. 7. The number of payments has to be selected. This defines the time period for which the SIP will be in effect. The following examples will explain this further. Example 1 Investor places a SIP subscription request on 10 th August The frequency of the SIP is monthly and the number of payments to be made is 11. The last payment for the SIP will be made on 10 th July Example 2 Investor places a SIP subscription request on 12 th August The frequency of the SIP is quarterly and the number of payments to be made is 7. The last payment for the SIP will be made on 12 th May Select the mode of payment i.e. Cheque/DD, online transfer or investment account. For subsequent purchases, System will generate a purchase order automatically. If the investment account has been chosen as the mode of payment, the order will automatically be sent to the

33 33 Registrar, provided that there is sufficient fund in the account. If any other mode of payment is selected, the purchase order will have to be approved by the investor and the payment made i.e. either Cheque/DD details entered or an online transfer affected. 9. Check the mode of holding i.e. single or joint. Details of the joint applicants should be registered with the Broker before placing the purchase request. Names of the joint holders will be displayed in the window summoned by clicking D. 9. Select the bank that will be associated with the folio number assigned for this purchase and click Next. 10. A preview of the order will be displayed for the verification and the confirmation of the Investor. 11. Investor confirmed that the order details are correct, order can be submitted. 12. When the order has been successfully placed, it will appear in the MF order book, which is under Track Mutual Funds Order Book, and the MF Systematic Order Book, which is under Track Mutual Funds Systematic Order Book. 13. If the Registrar rejects the order, it will be indicated as such in the Order Books. If the Registrar accepts the order, it will be processed and the holdings will be updated. The status in the Order Books will also change accordingly Systematic Transfer Plan (STP) : Transfer a fixed amount of money from one scheme to another, at repeated intervals, for a given period of time. The Systematic Transfer Plan is like a switch where the investor transfers the holdings in one scheme to another scheme in the same fund. However, instead of making a one-time transfer, investor can specify that the transfer happen at a given frequency over a particular period of time. For example, Investor can place a request that a certain amount of money is transferred from one scheme to another every month. The requirements for this transaction are: 1. Investor should have holdings in the scheme from which investor is making the transfer 2. Both the schemes from and into should belong to the same Fund house.

34 34 Registering an STP Steps to be followed to register a STP: 1. STP requests to be placed only through the Registrar. 2. Enter the Scheme Name by clicking on the S to search for the Scheme name. 3. Specify the frequency / Time period to transfer. This could be either once in a month or once in three months i.e. quarterly. 4. The date of the transfer has to be selected. Each scheme has a set of dates within a month on which the investment may be made. The following examples will explain this further. Example 1 Investor places a STP subscription request on 10 th August The frequency of the STP is monthly and the date is 10. The transfer will take place on the 10 th of September Example 2 Investor places a STP subscription request on 21 st August The frequency of the STP is quarterly and the date is 21. The transfer will take place 3 months later i.e. 21 st of December The number of transfers defines the time period for which the STP will be in effect. The following examples will explain this further. Example 1 The Investor places a STP subscription request on 10 th August The frequency of the STP is monthly and the number of transfers to be made is 10 th. The last transfer for the STP will be made on 10 th July 2012.

35 35 Example 2 Investor places a STP subscription request on 12 th August The frequency of the STP is quarterly and the number of transfers to be made is 12 th. The last payment for the STP will be made on 12 th May Investor has to select the Folio number if the Investor has more than one folio number associated with the scheme. 7. Investor has either to specify the number of units to transfer in each installment or the amount. 8. Investor can place the order after verifying the order preview. 9. When the order has been successfully placed, it will appear in the MF order book, which is under Mutual Funds Order Book, and the MF Systematic Order Book, which is under Mutual Funds Systematic Order Book. 10. If the Registrar rejects the order, it will be indicated as such in the Order Books. If the Registrar accepts the order, it will be processed. The holdings and the status in the Order Books will also change accordingly. 5.2 Funds This page displays all AMCs with which the Broker has registered to do Online transactions. Investors can view the Schemes by selecting a specific AMC icon, which takes to the Scheme Performance Page to display all the Schemes under the selected AMC. Investors can view a section of MF Schemes, by specifying Type, Fund Name, Category and Sub Category selection criteria in the Scheme Performance Page. Investor can use NEXT and PREV Button for Scheme Performance page Navigation. Investor can subscribe for a MF Plan from MF Schemes page either by selecting the Transaction Option, which is displayed while clicking on the Scheme Name or by clicking 'T' - Transaction Button. System does not permit an Investor to Subscribe MF when the market is closed.

36 Scheme Performance This page displays the NAV and the Growth details of all the Schemes, by default. Investor can select a specific AMC or a Category to view the Scheme performance details. Investor will be able to compare the NAV growth for the last 7 Days, 15days, 1 month, 3 months, 6 months and 1 Year. The growth details are represented in a Graph, which can be launched by investor by either clicking the "G" button or clicking on NAV Graph Option in the small menu which is launched on clicking a specific scheme (NEXT and PREV Button for page Navigation, clicking the Header for sorting). The top performing Schemes can be found by sorting on the Header column of NAV. 5.4 MF Order Book The Order Book displays all the transactions that have been done by the investor. By default, all requests for the current day are displayed. Select the date range or limit the view on the basis of the status of the orders. The Order ID leads to a detailed view of the order. The orders can be modified or cancelled.

37 37 Field Description Filters Exchange Settlement Type From date - To date Status All Requested Application Processed Rejected Bank Requested Exchange Requested Exchange Accepted Exchange Cancelled Cancelled Exchange Rejected The orders may be filtered on the basis of the exchange to which they were sent. This filter lets the filter orders on the basis of the mode of delivery selected. The date ranges for which investor wish the transactions to be displayed. Only the From date may be entered in which case, all transactions from that date to the current date are displayed. Select one of these options if the investor wishes to view records of a particular status. All transactions will be displayed. This option displays all orders for which payment has been successfully made, but the order has not been sent to the registrar yet. This option selects those orders, which have been successfully processed by the Registrar or Exchange. This filter displays those orders that have been rejected by a System supervisor. This option displays those orders for which confirmation for payment is pending. This is for orders placed using the online transfer mode of payment. Transactions that have been sent to the Exchange for which a response is pending. Transactions that have been accepted by the Exchange. Those transactions for which the cancellation has been approved by the Exchange (a response has been received from the Exchange against the Cancellation request). This option displays those orders that have been cancelled by the investor. Transactions that have been rejected by the Exchange.

38 38 R&T Rejected Sent to Registrar Transactions that have been rejected by the Registrar. This option displays those orders that have been sent to the Registrar. Table Columns Application Number Order ID Txn Type Purchase Incremental Redeem Switch SIP STP Scheme Name Date/Time Exchange Settl Type Status Requested Application Processed Exchange Requested This is an application number for the scheme. Application numbers are created only for new purchases and SIP. This is a unique order ID generated by the system for the order. This link leads to the MF Order Details view. This states the transaction type of the order. This refers to the first time that an investor buys an MF scheme. This is when an investor purchases additional units for the same MF scheme. This is when the investor sells all his MF units. This is when the investor switches from one scheme to another scheme within the same fund. When an investor subscribes to a Systematic Investment Plan. When an investor subscribes to a Systematic Transfer Plan. This is the name of the MF scheme. This shows the date and time of investor placing an order for an MF. This time will change if the status undergoes any change. The exchange on which the order has been placed. The mode of delivery of the order. This shows the status of the order. When an order is placed and payment has been successfully made, it is in this status. Orders in this status may be modified or cancelled. An order in this status indicates that the Registrar/Exchange has successfully processed the order and the holdings of the investor have changed accordingly. The transaction has been sent to the Exchange and a response is

39 39 pending. Exchange Accepted Exchange Cancelled Exchange Rejected Rejected Bank Requested Cancelled R&T Rejected Sent to Registrar Options Repayment Modify Cancel History The transaction has been accepted by the Exchange. Cancellation has been approved by the Exchange (a response has been received from the Exchange against the Cancellation request). The order has been rejected by the Exchange. This status indicates that the order has been rejected by the System Orders for which confirmation for payment is pending are in this status. This status indicates that the order has been cancelled by the investor or by a supervisor. When the Registrar rejects an order, this status is displayed. When an order is sent to the Registrar, it is accorded this status. The actions that can be performed on each record. This is available only when the Online Bank Transfer mode of payment is used. If the online transfer was interrupted, use this option to attempt to make the payment again. On clicking this option, investor navigates to the payment gateway of his bank, where he can make the payment again. Orders placed on the Registrar may be modified as long as they are still with the Broker. Once they have been sent to the Registrar, they cannot be modified. Orders sent to the exchange may be modified before the cut-off time for the scheme. The M button appears only for those orders that may be modified. Orders placed on the Registrar may be cancelled as long as they are still with the Broker. Once they have been sent to the Registrar, they cannot be cancelled. Orders sent to the exchange may be cancelled before the cut-off time for the scheme. The C button appears only for those orders that may be modified. The sequence and details of events that have occurred on this order are displayed.

40 MF Order Details This page displays the bank and payment details of each order. Field Scheme Name Order ID Payment Order Placed By Transaction Date Transaction No. Dividend Reinvestment User Name Folio Account No. Investor Bank Address Details Description The name of the scheme. This is a unique order ID generated by the System for the order. The mode by which payment has been made. The ID of the person who has placed the order. This will indicate whether the order was placed by investor or by a supervisor. The date on which the order was placed. The user transaction number. This will display Yes or No for dividend schemes, and Growth for growth schemes according to the scheme category selected. The name of the investor. The folio number used for placing the order. If a new folio number has been requested, NEW will appear here. This contains details of the bank through which investor has purchased the MF.

41 41 Payment Details Drawn on Bank Bank Branch Name Cheque/DD No. Cheque/DD Date Outstation Cheque Transaction Bank Details Bank Name Investor Bank Acc No. Amount Status Transaction ID MF Order Details Order Amount Order Status Product Code These are the details of the cheque or DD provided towards payment for the order. This section will not appear for redeem and switch transactions and purchases made using the online modes of payment. The name of the bank on which the cheque or DD has been drawn. The name of the branch on which the cheque or DD has been drawn. The number of the cheque or DD. The date of the cheque or DD. Whether the cheque is a local cheque or not. This section appears for purchases made using the online modes of payment. The name of the bank from which the fund is transferred. The account number from which the transfer has been made. The amount transferred. The status of the transaction request. The transaction ID generated by the bank. The details of the MF order placed. The value of the order placed. The status of the request. The unique identifier for the scheme. 5.5 Systematic Order Book When a Systematic order such as an SIP, or STP is placed system assigns a unique number to the transaction. This is called the Systematic Transaction number. This number links all the orders that comprise a systematic plan. Each systematic transaction is recorded in the Systematic Order Book and it shows details of the plan such as the number of installments completed and the number due. An investor can cancel a systematic order. This action cancels the entire plan and not just a single order.

42 42 Field Description Filters From To Date Status All Active Cancelled Completed Txn Type SIP STP Give the date range for which data is to be displayed. Filter the data by selecting orders of a particular status. All orders are displayed. All systematic transactions for which installments are still pending are displayed. All orders that have been canceled by the investor or supervisor are displayed. Expired systematic transactions are displayed when this option is selected. Select the type of systematic transaction for the orders displayed. Systematic Investment Plans are displayed. Systematic Transfer Plans are displayed. Table Columns

43 43 Syst Txn No. Scheme Name Reg Date Amount Units Start Date End Date Transaction Day SIP/STP/ Last Txn Date Next Txn Date Balance Txns Frequency Balance Unit Status Active Cancelled Completed Option Cancel This is the Systematic Transaction Number that is unique for each order placed for a Systematic plan. This link will take to MF Order Book where all the orders placed as part of the Systematic plan are displayed. The name of the scheme. The date on which the systematic order was placed. The amount of each installment for investment/redemption/switch. The number of units to be redeemed / switched. The date on which the Systematic plan started. The expiry date of the Systematic plan. The day of the month on which the investment/redemption/switch is made. The number of months for which the Systematic plan is valid. The date on which the most recent investment/redemption/switch was made. The date on which the next installment falls due. The number of installments that are yet to be paid/received/switched. The frequency of the installments. The numbers of units investor currently hold in the scheme. This can be any one of the following. This status is given to systematic transactions for which installments are still pending. This status is for orders that have been canceled by the investor or supervisor. Expired systematic transactions are given this status. The action that can be taken on each record. Use this button to cancel the Systematic transaction. This action cancels the entire plan and not just a single order. A cancellation request is sent to the Registrar.

44 Holdings Use this screen to view all MF holdings. This shows the number of units that investor possess in each scheme. If investor is a member of a family account, this screen will also show all the holdings of the family members. Investor can opt to see the holdings of any one family member or for all the family members. If investor selects include zero holdings, then those schemes for which investor no longer have holdings are also displayed MF Holdings Holdings in DP This screen shows the history of transactions made in a particular scheme. The option to see the details for a range of dates range is given. The total number of units subscribed for and redeemed and the current holdings are displayed depending on the date range given. The return on the investment (ROI) is calculated on the basis of the units subscribed for and redeemed, as well as the dividend received. The annualized return on investment percentage takes the age of the investment into account.

45 Tax Computation The Tax Computation screen shows investor the short-term tax and long-term tax charged on each of the transactions.

46 Return Analysis Tool This tool shows the profit or loss on each transaction made for a scheme. For subscription transactions (purchase and additional purchase), the notional profit or loss is calculated based on the current NAV. For redemption transactions, the actual profit or loss is calculated based on the purchase price and the current NAV.

47 Field Client ID Portfolio as on: From Date To date Excel icon Acrobat icon Client Details Description The code of the investor. The range of dates for which investor wish data to be displayed. Generates report in.xls format. Generates report in.pdf format. Details of the investor as given to the Broker. 47 Scheme Name/ Transaction Type Transaction Date Rate Units Value Latest NAV Balance Units Present Value Dividend Amount Notional Profit/Loss Profit Booked Absolute Returns The name of the scheme and the transaction. Each transaction for the given date range is displayed. The date of each transaction. For purchase transactions this will be the price at which the purchase was made. For redemption transactions, this will be the price at which the redemption was done. This is the number of units that was either purchased or redeemed. The value of the transaction. This will be the rate multiplied by the units. This is the current NAV. The number of units remaining after the transaction was completed. This is the value of the units and is the product of the Current NAV and Balance Units. This column is filled only if the for Gross Dividend transactions. This is the amount of dividend paid to the investor. This is the profit or loss that results from purchase transactions. This is only a notional value since the sale price is not yet known. The actual profit or loss made is calculated for redemption transactions since both the actual purchase and sale prices are known. This is the return on investment. It is the profit or loss made expressed as a percentage of the cost.

48 Account Statement The investor can view the account statement to find the profit on his mutual fund holdings. This statement may be for a specified period or as on a particular date. If a period is selected, the transactions conducted during the period and the holdings of the investor are shown. If a single date is selected, the holdings as on that date are displayed.

49 Field Filters Client ID Type Period As on Description By default this field displays code of the investor. Select the type of the report This type of report can be viewed a range of dates. This type of report can be viewed for a single date. 49 Dates Excel icon Acrobat icon The field From and To dates will be displayed if the report type is Period. Only one date field id displayed for report type As on. Generates report in.xls format. Generates report in.pdf format. Table Columns Investor Details Scheme Name Folio Number NAV / NAV Date Units Held Invested Amount Present Value The investor details as given to the broker will be displayed. Displays the name of the mutual fund scheme. Displays the folio number. Displays the NAV of the units and the date for which it is valid. Displays the number of units held in the scheme. Displays the amount invested in the scheme i.e. the amount paid for purchase of units. Displays the value of the holdings based on the NAV given. This is computed as follows: Present Value = Units Held * NAV Notional Profit/ Loss (Rs.) This is the possible profit computed by taking the difference between the cost and the current value. A negative number indicates a loss. Notional Profit = Present Value Invested amount Notional Profit / Loss (%) The profit expressed as a percentage of the cost. Notional Profit % = Notional Profit / Invested amount * 100

50 50 6. Invest 6.1 IPO IPO Summary Page displays the basic attributes of all active IPO s. Investor can apply for an IPO either by clicking the Issue name or by clicking the Apply button. Note: The cut-off time for online investors is 2.00PM (subject to change) on the closing day of the IPO Issue. Only Retail Individual Investors bidding supported in Karvy Online. Go to Invest option and click on IPO under dropdown

51 Order Entry Click on D to check the current IPO details Click on A to apply the current IPO Order Book IPO order book is useful in monitoring and tracking the list of orders placed by an Investor and by his supervisor on behalf of him. The order book tracks the order Status throughout the order lifecycle. Investor can view IPO order detail page to know order details either by clicking the application number or the order ID. Investor can view a section of order book, by specifying date and order status selection criteria. Order book provides Investor the facility to modify a selected book building order before the order is uploaded to exchange. Order Entry To check and apply the current IPO Order Book To check the status of IPO Application

52 Fixed Deposit <Yet to be implemented> 6.3 Infra Bond In this section Investor can apply and invest through online in active Infra Bonds Infra Bond Order Entry Infra Bond order entry page displays the basic attributes of all active Infra bonds. Under order entry option, the investor will be able to view the Bond details which are currently active online. Option D is to get the complete details of the particular Bond and Option A is to apply the Bond. By clicking next button investor can view the other bonds details also. Investor need to select the payment mode before while for the Bond. If the investor selects the investment account, investor can directly apply the bond using the free cash available in the trading account. User can also apply by transferring the amount through payment gateway (payment gateway registered banks with us) by selecting the payment mode as online transfer. If investor wants to opt the buyback facility he/she can select the facility opted and specify the no of bonds Order Book Bond order book is useful in monitoring and tracking the list of orders placed by an Investor and by his Supervisor on behalf of him. The order book tracks the order Status throughout the order lifecycle. Investor can view bond order detail page to know order details either by clicking the application number or the order ID. Investor can view a section of order book, by specifying date and order status selection criteria.

53 Infra Bond Holding Statement Here investor can check, previously purchased bond s which are lying in the demat Account

54 54 7. Accounts 7.1 Cash Transfer : Transfers of cash from the bank account to trading account has been made simple and quick with an online facility to interact with client s bank account. This helps user to increase the cash balances and enjoy un-interrupted trading facility. Cash that is received owing to settlement is currently held in the trading account. Investors are eligible to withdraw this money and transfer it to their bank account. Investor can only withdraw cash amount equivalent to the free cash available. The cash requested for withdrawal will be blocked and reduced from the cash limits. The actual credit to Investor s account will be processed at the end of the day/ the next working day. 7.2 Cash Statement Investor deposits cash in his/her trading account to purchase stocks, derivatives, etc. Investor can check the Transferred amount, withdrawal amount and the free cash available from this statement. 7.3 Stock Statement The stock statement reflects Investor s stock holdings. This helps Investor to get a consolidated view of the number of stocks held in depositories as well as stock positions which are under settlement. Investor will also get the current market value of the stock held in the same statement.