A presentation on moneybhai.com which is a part of the moneycontrol.com
Moneybhai.com is the virtual accounts which helps you to gain knowledge about the stock market. A free Trading account.
Size: 7.17 MB
Language: en
Added: May 30, 2019
Slides: 15 pages
Slide Content
MONEYBHAI.COM INDIA’S BIGGEST VIRTUAL TRADING GAME
About Moneybhai 2 India's first virtual stock market game launched by www.moneycontrol.com - India's No. 1 financial portal. Powered with live feeds from BSE & NSE, Moneybhai creates a real stock market environment. Moneybhai was launched to engage first-time and professional investors to test their investment knowledge, strategies and also use it as a learning tool.
OUTLOOK 3
TRANSACT 4
RULES How to Play You have Rs 1 crore virtual cash for investing in shares, commodities, mutual funds, or fixed deposits. You also have an intraday virtual trading limit of Rs 1 crore . You will need to square off your intra-day transaction before the end of the day or it will get automatically squared off at the end of the day. The intraday trading limit will be reset everyday to your Networth . All buy and sell transactions cannot exceed the actual volumes in the market. All the rules and regulations pertaining splits and bonuses will be followed. Brokerage charged will differ according to the type of trade executed. You can reset your portfolio to Rs 1 crore anytime you want to. In case of any discrepancy in the orders executed we reserve the right to delete or modify the transactions or even reset the user's portfolio at our sole discretion. 5
STOCKS You can use your Rs 1 crore virtual cash to buy and sell bonds listed on the BSE and NSE. 6 You cannot short sell in the cash market. Stop loss and Targets can also be set at the time of placing the order and can also be subsequently modified if required. Trading is available from 9:15 AM to 3:30 PM. Orders placed after 3:30 PM will remain in the Pending Orders and will get executed when trading starts. Brokerage of 0.50% is charged on all transactions. No STT is charged. All buy and sell transactions cannot exceed the actual volumes in the market.
OUTLOOK 7
INTRADAY TRADES You can buy or sell stocks depending on the intraday limit available. This limit is re-set to the value of your networth everyday. Brokerage of 0.10% is charged when the transaction is squared off. No STT is charged. You cannot trade in a stock quoting below Rs 5. All buy and sell transactions cannot exceed the actual volumes in the market. 8
MUTUAL FUNDS The minimum investment in Mutual Fund should be of Rs 5,000 Orders to buy/sell funds placed before 3 PM will be executed on the NAV of the fund on that day. Orders placed after 3.00 PM will be executed on the next day NAV. There is no entry load, but a 0.50% exit load will be levied while selling the fund. 9
MUTUAL FUND OUTLOOK 10
BONDS You can use your Rs 1 crore virtual cash to buy and sell bonds listed on the BSE and NSE. 11 You can either place orders at the current market price (Market order) or specify a price to transact (Limit Order) Interest paid out to the bond holders by the companies will not get added to your cash/ networth . Trading is available from 9:15 AM to 3:30 PM. Orders placed after 3:30 PM will remain in the Pending Orders and will get executed when trading starts. Brokerage of 0.50% is charged on all transactions. No STT is charged.
BOUNDS OUTLOOK 12
FIXED DEPOSITS The minimum investment in Fixed Deposits should be of Rs 1000 . You earn interest on money deposited in the Fixed Deposits depending on the tenure. 0 to 6 Days Nil 7 - 30 Days 5.00% Over 30 Days 7.00% Interest earned will be added to the cash balance (which will reflect in your networth ) only at the time of breaking the deposit. If Fixed Deposits are to be broken for paying off any loss, it will be done on a Last in First Out, LIFO basis.