How does fractional investing work?
On the Vested platform you can invest in either full or
fractional shares. When your investment is in full shares, our broker partner
(DriveWealth) will route the orders to market centers on an Agency basis. When
the investment is fractional shares, our broker partner will satisfy the order
from its own account, on a Principal basis, at the National Best Bid or Offer
(NBBO). NBBO means that DriveWealth cannot add margin to the price. So, if the
market price of 1 share of Amazon is $1000, and you purchase 0.1 share of
Amazon, you will pay $100 for the 0.1 share. Any orders for both full or
fractional shares will be executed via both methods, part as Agent and part as
Do I get dividends on fractional shares?
Yes, you get dividends on fractional shares. Please note: If the dividend amount is less than a cent then you are not eligible for the same. Also, please note that the companies declaring the dividend have their own terms and conditions as well for ...
What are Liquid Funds? What are the benefits of investing in Liquid Funds?
A liquid fund is a mutual fund scheme that invests in debt and money market securities with a maturity of up to 91 days. These funds invest in debt instruments with a residual maturity of less than 91 days, including Treasury bills (T-bills), ...
What are the charges applicable for investing in 5paisa Wealth?
This depends on the portfolio that you choose to invest in. For Abakkus Smart FlexiCap, it’s 2.5% per annum charged monthly based on the daily average AUM in the month. ₹3,688 one time charge to start subscription For Alpha Core & Satellite, it’s ...
How does the process of receiving bonus shares work, and how many days does it typically take for the bonus shares to reflect in my Demat account?
After a company announces a bonus issue, it generally takes around 15 to 30 days for the bonus shares to be credited to your Demat account. This timeline can vary based on factors like the company's processing procedures and regulatory requirements. ...
What is smallcase? How are they different from Mutual Funds?
Smallcases are a new way to invest in stocks. A smallcase is an intelligently weighted basket of upto 50 stocks that reflects a theme, idea or strategy. Smallcases are centred around: A trending market theme like rising rural demand or A financial ...