As you are aware, currently an investor can hold securities in either physical or electronic form. The investor can transfer the securities held in physical form by sending the certificates to the Registrar & Transfer Agent (RTA) of the Issuer, along with transfer deed. If the documents are in order, the RTA transfers the securities in the name of the transferee by endorsement at the back of the certificate(s). However, with reference to SEBI notification No. SEBI/LAD-NRO/GN/2018/24 dated 8th June 2018, and the subsequent CDSL Communique No. CDSL/OPS/DP/POLCY/2018/351 dated 6th July 2018, please note that effective from 1st April 2019, the securities held in the physical form, will not be transferable. Only the securities held in electronic form will be transferable. Hence, kindly get the physical shares, if any, dematerialized by 1st April 2019, to avoid any inconvenience regarding the transfer of securities post this date. Please note that post 1st April 2019, the physical shares can be transferred to another person only in case of transmission [means the transfer of securities in case of death of holder(s)] or in case of transposition of securities [means a change of sequence of current holder mentioned on certificate].

Ace Derivatives

What is ACE (Advise on Combination Equity)?

ACE is a pre-packaged algo based advisory product based on fundamentals aiming to invest in high growth oriented companies to deliver superior returns. There are 2 products with ACE:

ACE Cash – Investment only in equity segment.

ACE Derivatives – Investment in Futures & Options

Why Invest in ACE Derivatives?

  • Disciplined Investment – System based stock selection and execution of trade without any human intervention or emotional bias enhance the chances of superior returns.
  • Transparency – All trades are executed only after confirmation from the client.
  • No Exit Load – There is no lock-in period for ACE, however ideal investment horizon 1-3 yrs.
  • High growth orient stocks selected with intelligent filters – Only fundamentally strong stocks from Nifty basket selected.
  • Monthly settlement – Positions either squared off at expiry or rolled over based on potential.
  • Real Time Tracking – Track your ACE portfolio in the go through Web and Mobile app.
  • No Naked Options – No Naked option positions taken.
  • Adequate Hedging – All positions are adequately hedged thus minimizing the risk.
  • Easy top up & withdrawal options – You can top up easily and withdraw from the portfolio.
  • Long Only Portfolio– Only fundamentally strong stocks with the market cap of minimum 1000 Crs. are selected.

Stock Selection Criteria, Portfolio Allocation & Stock exit criteria from Portfolio

Stock Selection

  • Top 5 stocks from Nifty Basket selected. Only Long positions.
  • Nifty puts bought to hedge the positions.
  • Further call writing done on the underlying already bought.
  • Moves on to next stock, if one could not be bought.
  • Only MOSL research coverage stocks selected

Portfolio Allocation

  • Maximum 5 stocks in a portfolio
  • 3 lakhs set aside for MTM
  • Positions leveraged 5-6 times

Criteria for exiting from Stock

  • Serious issue with corporate governance of the company.
  • Target/Exit level as per algo is reached.
  • Stop Loss is triggered.
  • Stock does not have potential to grow.

Past Performance of ACE Derivatives

Month ACE Derivatives Nifty
Jan-17 12.31% 4.67%
Feb-17 2.16% 1.87%
Mar-17 -1.38% 2.55%
Apr-17 -5.53% 0.72%
May-17 6.10% 3.30%
Jun-17 6.30% -0.99%
Jul-17 8.50% 4.81%
Aug-17 4.40% -1.95%
Sep-17 5.14% -1.03%
Absolute Returns 0.38 0.1395

Charges, Commercials & Other terms

Activity Steps ACE – Cash ACE – Derivatives
Advisory Fees Rs.20,000 Rs.20,000
Minimum Investment Rs.5,00,000/- Rs.15,00,000/-
TOP up amount Multiples of Rs. 2,00,000/- Multiples of Rs. 5,00,000/-
Brokerage Delivery – 0.5% Futures – 0.05%
Options – Rs.50 per lot
Partial Withdrawal Up to 40% of portfolio value No partial withdrawal

How to invest?

Step 1: Log on to MOSL account through MO Investor App or Investor Web.

Step 2: Click on Invest Now and select ACE Derivatives.

Step 3: Click Proceed.

Step 4: Fill Risk Profiling questionnaire and click Next (If the client has already subscribed for ACE cash, this step will be skipped).

Step 5: Your Risk Profile will be displayed. Click Proceed.

Step 6: Click Agree on Terms & Conditions page.

Step 7: Click on Subscribe. Rs 20000/- + GST (18%) will be deducted. Transfer funds if there is no ledger balance.

Step 8: Enter the desired amount (min 15 lakhs) and Click on Invest to generate the portfolio. Transfer funds if there is no ledger balance.

Step 9: Your portfolio will be generated in 30 minutes. You will get a notification for confirmation. Once you confirm investment will be done.