Welcome to FAQ

Following are the brokerage charges: 

1. Cash - 0.75% (Minimum Brokerage Rs 50 or 2.5%)
2. Futures - 0.05%
3. Option - Flat Rs 25 / lot

You have to pay a nominal fees of Rs. 2500/- as one time account opening charges to open a 4-in-1  AxisDirect NRI Investment account with us. As a part of a special limited period offer, the account opening charge for 4-in-1 Investment Account is reduced to Rs.1,000/-

NRIs can do the following transactions through their Non PIS account:

1. Sale of shares acquired through IPO.

2. Sale of shares received as Gifts from relatives or shares bought as resident Indian.

3. Derivatives Trading.

4. Investment in Mutual Funds.

5. Investment in Exchange traded fund (ETF).

It is a normal savings bank account which can be opened with any bank in India. Non-PIS is an account for which the transactions are not reported to RBI. This account takes care of selling all those shares which are not allowed under PIS. Shares acquired under IPO or received as gift or bought as resident Indian can be sold under Non-PIS account. For opening NRI 4-in-one Investment Account with AxisDirect, you would be required to hold/open a Non-PIS Account with AxisBank.

This account permits any person resident outside India to hold and maintain bona fide transactions in INR on account of funds originating in India viz. rent, dividends, pension etc.

Accounts can be in the form of savings, current, recurring or fixed deposit accounts. The principal is non repatriable where as the interest earned on these balances are freely repatriable from Oct 11, 1994.

This account permits an NRI to hold and maintain foreign currency earnings in Indian rupees. Accounts can be in the form of savings, current, recurring or fixed deposit accounts. The principal and interest earned on these balances are freely repatriable. 

Portfolio Investment Scheme (PIS) is a scheme of the Reserve Bank of India (RBI) through which NRIs and PIOs can purchase and sell shares and convertible debentures by routing the transactions through their account held with a Designated Bank Branch.

Transactions covered under PIS:

1. Fresh purchase from the secondary market as an NRI.
2. Sale of shares, which were bought under PIS.

PIS does not allow transactions in IPOs, Mutual Funds, Derivatives and sale of shares acquired on residential basis.

A foreign citizen (other than a citizen of Pakistan or Bangladesh) is deemed to be of Indian Origin, if, (i) he, at any time, held an Indian passport, or (ii) he or either of his parents or any of his grand parents was Citizen of India by virtue of Constitute of India or Citizenship Act, 1955 (57 of 1955).

A spouse (not being a citizen of Pakistan or Bangladesh) of an Indian Citizen or of a person of Indian Origin is also treated as a person of Indian Origin for the above purposes provided the bank accounts are opened or investments in shares/ securities in India are made by such persons only jointly with their NRI spouses.

Axis Securities Limited is a 100% subsidiary of Axis Bank. It is a Trading member of National Stock Exchange & Bombay Stock Exchange in the Equity and Derivatives segments. It offers a seamless online trading experience through electronic linking of Trading, Savings Bank and Demat accounts. To know more about why should you choose AxisDirect please visit the "Open an Account" page on the website.

Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) can open 4-in-1 NRI Investment Account with AxisDirect.

You can open an AxisDirect 4-in-1 NRI  Investment account by filling a single application form. This form will help you open an AxisDirect NRI Investment Account along with the Bank Accounts -Normal Savings & PIS (NRE and/or NRO accounts) and  Demat accounts (NRE and/or NRO) as required.  You need to submit the form along with supporting documents. Please click here and leave us your contact details. Our representative will contact you shortly.

Our representative will contact you shortly.For any queries you can call on 022-40508080 / 022-61480808. For NRI related queries please call on 022 6148 0809.

Axisdirect Offers The Following Value Added Services: 

1. Investment & Trading Ideas 
2. Portfolio Tracker
3. Push Notifications
4. Loans
5. Online Term Plan
6. General Insurance
7. Tax Planning
8. Draft Your Will

Following are the brokerage charges: 

1. Cash - 0.75% (Minimum Brokerage Rs 50 or 2.5%)
2. Futures - 0.05%
3. Option - Flat Rs 25 / lot

1. Trading Account Opening Charges:
One time account opening charge of INR 2500/- which include, account opening and stamp duty charges for trading account. An instruction has to be submitted to Axis Capital Limited to debit the subscription amount from the linked bank account.
As a part of a special limited period offer, the trading account opening charges have been reduced to Rs.1000/-
2. PIS & Demat account charges :

Charges will be applicable as determined by Axis Bank Ltd.

Rates provided in brokerage schedule are subject to change with 15 (Fifteen) days prior intimation. The prior intimation may be given by post or by email or by posting the revised charges on the Axisdirect website.

Yes. Only the first five calls to ‘Trade on Phone service’ in a calendar month shall be free of any service charge. All the subsequent calls to the ‘Trade on Phone’ number will be charged @ Rs.20.00 per call.

A subportfolio is a part of your overall portfolio. You would like to create a sub portfolio for a specific goal/ purpose for e.g. Child's education, Marriage, Retirement etc. In such case you would like to define a goal amount that you would like to accumulate and then monitor the progress to achieve your target amount.

No. You have to manually upload the transactions done through any other platform other than Axis Direct.

Yes, you can view the same by following the path My Portfolio >> Portfolio Analysis >> Corporate actions on my Portfolio.

You can check history of transactions by clicking on HISTORY OF UPLOADED TRANSACTIONS

Yes. You can set your own alerts on your registered email and mobile number. You can set your alerts by visiting our Tools section and then clicking on the Alert Engine button. As of now, this service is being provided complimentary to all our trading users.