Why choose Managed Trading Account?
Managed Trading Account gives you the opportunity to take part in a day markets, with the added benefit of having your account professionally managed by full time, experienced traders. By removing the barriers (and costs which with traditional structures would be born by the clients) between the traders and the clients, the traders and clients both are able to make more money (as there is less fees).
Can the traders or Bajaj Consultancy access my money?
No. This means that the only person that can make deposits or withdrawals is you.
Can I stop or make withdrawals whenever I wish?
You have 100% liquidity to your funds, so you can withdraw some or all of your money whenever you wish. It’s always better to keep informed on any withdrawal plans a little ahead for more strategic investments.
Can I trade myself?
Your Managed account can only be traded by our professional traders. If you would like to trade yourself then we can open an additional account for you. This account can only be traded by you. The trading company will not have access.
How do I get started?
With Minimum initial investment of Rs. 15,00,000/-
What are your fees?
We make money when our clients make money. We work on a performance fee basis only.
Globally, management fee charge are 2% of the assets under management. Bajaj Consultancy, on the other hand, charges zero management fee.
At close of business on the final trading day of each calendar month a statement is produced showing the performance of your account. Bajaj Consultancy are paid a 25% Performance Fee from the gross profits generated on your account. It is also important to understand that Bajaj Consultancy charges 25% from the profits that it has generated for you and not across all of your own capital.
What happens if I have a losing month?
If a losing month occurs the following will be implemented:
A. No Performance Fee will be charged
B. A High Watermark will be implemented
What is a High Watermark?
Following a losing month, our goal is to get your account back to its highest point as soon as possible. Only after that is achieved will performance fees be considered.
Who will be my broker?
The preferential partner of Bajaj Consultancy is Upstox.