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Mirae Asset Sharekhan broker profile: accounts, costs, platforms, funding and protection

Indian securities brokerage with resident and NRI accounts, TradeTiger, InvesTiger baskets, margin funding and a separate GIFT City US-investing route. Current tariffs, promotional conditions and protection boundaries are distinguished.

By FXBrokers.ai ResearchOperating status: ActiveSources checked Published Updated
Profile scope

India resident retail pricing unless explicitly labelled otherwise. NRI tariffs, InvesTiger and the separate GIFT City service have different terms. Current commodity pricing pages conflict; no universal commodity rate is inferred.

Accounts & headline costs

Sections ↑

Mirae Asset Sharekhan offers Indian securities investing and exchange derivatives through trading and demat accounts, with branch assistance, web/mobile dealing and TradeTiger. This profile covers resident retail terms checked on 11 October 2026; non-resident accounts and the GIFT City US service are separately scoped. Authority records also identify the Indian broker as Sharekhan Ltd.[11][34]

Account comparison01

Choose the domestic account relationship

Choose the domestic account relationship
AttributeResident trading + dematNRI account
Main useIndian securities and enabled derivativesIndia investing through NRE/NRO-linked arrangementsSource 11Source 27
Account routeIndividual online/assisted; non-individual physicalDesk checks residence, bank structure and documentsSource 28Source 27
Opening charge₹0 under the published offerObtain the NRI tariffSource 2Source 27
Cash relationshipINR linked-bank trading accountNRE/NRO arrangement appropriate to the transactionSource 9Source 27
Pricing & charges02

Resident headline brokerage

Resident headline brokerage
TransactionBroker chargeBasis
Equity delivery0.30%; floor ₹0.01/shareTrade price/valueSource 1
Equity intraday0.02%; floor ₹0.01/shareEach sideSource 1
Equity options₹39/lotEach sideSource 1
Equity/currency futures0.02%Transaction value, each sideSource 1
Currency options₹5/lotEach sideSource 1
InvesTiger basket transactions0.50%Overrides the customer’s other brokerage arrangementSource 15

Commodity tariffs require confirmation before activation: the general pricing page and dedicated commodity page currently publish different rates. The detailed cost section preserves both. October’s advertised zero-interest MTF benefit is invitation only, limited to an eligible funded balance and a 30-day period; ordinary financing remains chargeable outside those terms.[1][38][6]

The facts03

Shared operating essentials

Shared operating essentials
MeasureValueContext
FundingTrading-account deposits use bank transfer, netbanking or the platform-generated UPI request. Withdraw only the displayed eligible balance.Source 9Source 10
Holding positionsFully paid holdings and borrowed MTF exposure have different economics. MTF debt carries contractual interest and margin obligations.Source 7
ProtectionIndian stockbroking registration and demat custody apply to the domestic route. Exchange compensation is conditional and does not cover ordinary investment losses.Source 34Source 36
Human helpCustomer-service and telephone-dealing desks are separate. Published numbers and hours appear under account support.Source 32

View full spreads & trading costs

Products & platforms

Sections ↑
Reference table04

Products and what the customer actually owns

Products and what the customer actually owns
ProductForm of exposureAccess distinction
Indian shares and ETFsSecurities in the applicable demat arrangementCash investing or separately approved financed purchasesSource 11Source 7
Equity futures and optionsExchange derivativesSegment activation and contract-specific marginSource 19
Currency futures/optionsExchange currency contractsNo broker spot-CFD spread schedule establishedSource 39
Commodity futures/optionsMCX-linked commodity derivativesExpiry, margin and any delivery obligation belong to the selected contractSource 38
Mutual fundsFund units, in demat or non-demat modeRegular-plan selections appear in the distributor’s research catalogueSource 22Source 23
IPOsApplication for an issue allocationMainboard/SME issue rules; application does not promise allotmentSource 40
US equities/ETFsSeparate global-access serviceDistinct provider and custody routeSource 30
Reference table05

Separate GIFT City US account

Separate GIFT City US account
ConditionPublished offer
AcceptanceResident Indians via LRS; eligible NRIs excluding US/Canada-based NRI/PIO/OCI customersSource 30
Entry sizeFractional shares/ETFs from USD 1; fractional/notional orders are market ordersSource 30
Fixed service charges₹0 opening and annual platform fee; transaction and FX tariff still needs checkingSource 30
Reference table06

Currency, gold and oil reference scope

Currency, gold and oil reference scope
ReferencePublished instrument contextUseful unit or limitation
EUR/USD, USD/JPY, GBP/USDCurrency page describes exchange cross-currency futures/optionsNo account-specific executable spread, sample period or current contract lot establishedSource 39
GoldMCX Gold futures example1 kg lot; quotation per 10 gSource 38
Gold MiniMCX Gold Mini futures example100 g lot; quotation per 10 gSource 38
Crude OilMCX crude-oil futures example100 barrel lot; quotation per barrelSource 38
Platforms & products07

Platform access and distinguishing functions

Platform access and distinguishing functions
PlatformDevice / rolePublished tools
Web tradingBrowserTrading and account administrationSource 11
Mirae Asset Sharekhan appAndroid/iOSChart dealing, six chart types, 16 timeframes, watchlists and voice searchSource 13
TradeTigerDesktopTechnical scanners, chart orders, options IV/OI and live researchSource 12
InvesTigerStock-basket applicationResearch-led equity baskets with customer action on alertsSource 14
Trading APISoftware integrationOrder/trade, holdings, funds, historical data and streaming interfacesSource 18
Dial-N-TradeTelephone dealingHuman order-entry route; brokerage still appliesSource 11
Reference table08

TradeTiger and mobile workflow details

TradeTiger and mobile workflow details
ToolPublished useOperational meaning
ChartBookLinked multi-window chartsUseful for switching instruments while retaining chart layoutsSource 12
TradeTiger order aidsSmart keys and automatic risk/reward calculationOrder tools do not limit actual losses by themselvesSource 12
Mobile Pattern FinderChart-pattern analysis within the appAnalysis and the submitted order remain separateSource 13
Mobile monitoringIndices heat map, news and market-depth viewsDisplayed information does not guarantee the next execution priceSource 13
API data and integration detail
Reference table09

API permissions and data limits

API permissions and data limits
ItemPublished specificationQualification
AccessActive customers; no API subscription feeNormal dealing charges continueSource 17
SDK languagesPython, Java, C#, Rust, PHP and Node.jsUse the broker’s current supported package and documentationSource 16
StreamingUp to 1000 symbols per WebSocket connectionThe data allowance does not establish an order-rate allowanceSource 17
HistoryEOD history since inception; intraday last 7 daysHistorical series are not adjusted for corporate actionsSource 17
OrdersIntraday/delivery plus permissions allowed by segment and risk rulesAdvanced order placement remains labelled forthcoming on the landing pageSource 16Source 17

Fees & holding costs

Sections ↑

Trade cost combines the account’s brokerage, bid/ask spread, statutory charges and any funding or custody expense. A percentage commission needs the transaction value and charging side; the balance deposited in the account is not the commission base.[45]

Pricing & charges10

Commodity tariff conflict requiring an account-specific answer

Commodity tariff conflict requiring an account-specific answer
PublicationFutures headlineOptions headline
General pricing schedule0.10%, one side1% of premium or ₹150, whichever higher, one sideSource 1
Dedicated commodity account page0.02% of transaction value₹20/lotSource 38
Pricing & charges11

Maintenance, demat and service charges

Maintenance, demat and service charges
ChargePublished amount / ruleScope
Standard AMC₹400/year after first yearNon-BSDA resident scheduleSource 1
TC 100 delivery handlingMinimum₹21 per scrip on sale when brokerage is below ₹21Specified BSDA opt-out tariff; confirm how the floor is appliedSource 3
Off-market / non-Sharekhan sale0.03% of transfer value, minimum ₹30Per transaction in TC 100Source 3
Dematerialisation₹5/certificate; minimum ₹50/requestTC 100; tax additionalSource 3
RematerialisationHigher of ₹50/certificate or ₹50 per 100 securitiesPer request in TC 100Source 3
Margin pledge / MTF pledge₹20 / ₹30 per transactionTC 100; distinguish the pledge purposeSource 3
Extra statements₹10/statement; extra pages beyond 10 cost ₹3/pageRoutine prescribed statements carry no additional chargeSource 3
Overdue DP charges18% a year may applyTC 100; tariff changes require 30 days noticeSource 3
Reference table12

BSDA maintenance framework

BSDA maintenance framework
Eligible securities valueAnnual maintenance ceilingEligibility distinction
Up to ₹4 lakh₹0Eligible individual BSDASource 4
Above ₹4 lakh to ₹10 lakh₹100Eligible individual BSDASource 4
Above ₹10 lakhRegular tariffBSDA ceiling exceededSource 4

From 31 March 2026, SEBI requires quarterly BSDA reassessment and authenticated, verifiable consent to keep an eligible account on a regular tariff. Suspended or delisted securities and zero-coupon zero-principal bonds are excluded from the threshold calculation; illiquid securities use the last closing price.[5]

Pricing & charges13

October 2026 MTF promotion — read with ordinary interest

October 2026 MTF promotion — read with ordinary interest
ConditionCurrent published treatment
AvailabilityInvitation only; one-time, non-transferableSource 6
Eligible starting trades1–31 October 2026 inclusiveSource 6
BenefitInterest waived through reimbursement on up to ₹3 lakh fundedSource 6
Duration30 days from the first eligible MTF tradeSource 6
Payment mechanicsInterest first debited, then credited within 15 working days after the offer periodSource 6
Excess / after benefitAccount rate up to 18% a year or the negotiated rateSource 6
Other chargesStatutory charges remain; the benefit is not zero total trading costSource 6
The facts14

Ordinary financing and optional-tool costs

Ordinary financing and optional-tool costs
MeasureValueContext
MTF interestContractual interest is calculated on each day’s closing financed balance, up to 18% annually with monthly compounding. The accepted account rate controls.Source 7
InvesTigerNo present platform subscription charge; its transaction fee applies to purchases, sales and rebalancing trades.Source 15
Free facilitiesThe resident schedule lists research access, telephone-dealing facility, bank/nominee updates and fund transfers without a separate facility fee. Brokerage and external charges remain.Source 1
Reference table15

Current equity-derivative STT

Current equity-derivative STT
EventRate from 1 April 2026Tax base / payer
Futures sale0.05%Transaction value; sellerSource 37
Options sale0.15%Premium; sellerSource 37
Option exercise0.15%Intrinsic value; purchaserSource 37

Execution & trading rules

Sections ↑

Domestic orders enter the relevant exchange-trading process through the broker’s enabled segment. The risk policy permits stock-specific restrictions even when cash is available. No independently measured fill speed, slippage distribution or execution success rate was established for this profile.[19]

Reference table16

Order instructions and lifecycle

Order instructions and lifecycle
InstructionDocumented behaviourLimitation
Market / limitPrice choice for a submitted orderAvailability and execution depend on the segment and marketSource 18
Big Trade PlusEntry order linked to a stop-loss instructionA stop order does not guarantee its trigger price as the fillSource 21
MyGTDBroker resubmits an unfilled order on later trading daysMaximum 180 days or selected expiry, whichever earlierSource 20
MyGTD bracketsProfit and stop legs; one trigger cancels the otherEnabled exchange/product permissions still applySource 20
MyGTD cancellationInsufficient limits, price bands or suspension can cancel itCorporate actions require the client to review and amend ordersSource 20
Reference table17

May 2026 margin and liquidation rules

May 2026 margin and liquidation rules
ExposurePublished control
Equity intradayEligible Big Trade/BTP cash positions: up to 5×; risk discretionSource 19
DerivativesSPAN plus gross/additional margin; at least 50% cash componentSource 19
General risk liquidationShortfall above 50% of broker-required margin, or derivative exchange-margin deficiencySource 19
MTF liquidationEarlier of shortfall above 50% of required scrip margin or 5 trading days of continuous exchange-margin shortfallSource 19
BTP cash/equity derivativesMTM loss above 70% of margin or liquidation after 15:11, whichever earlierSource 19
BTP commodity scheduleMTM loss above 70% or after 23:15, whichever earlierSource 19
Reference table18

MTF operation and collateral

MTF operation and collateral
RuleWhat it changes
Eligible stocksBroker may select a smaller universe than the exchange permitsSource 7
Collateral and funded stockTracked separately; haircut and eligibility changes affect buying powerSource 7
Settlement choiceRepay debt and charges to take full delivery, or sell the positionSource 7
RepaymentFunding can be recalled on demand; terminating MTF requires settling duesSource 7
Same-day conversionHelp page restricts T-day conversion to ordinary delivery/intraday despite broader marketing wordingSource 8
LedgerMTF is separately reported; interest is debited to the equity ledgerSource 8
Reference table19

Continuity when normal access fails

Continuity when normal access fails
FacilityDocumented scopePractical limit
Telephone dealingSeparate human dealing routeOrder acceptance and the applicable segment must still be availableSource 11
IRRAExchange contingency route to exit outstanding positions during a qualifying broker outageDependent on activation under the exchange framework; not a permanent parallel trading platformSource 42
Order reportsAPI documentation lists order history, executed trades and holdingsReconcile actual status before resubmitting an uncertain orderSource 18

Deposits, withdrawals & transfers

Sections ↑
Reference table20

Depositing and allocating domestic trading funds

Depositing and allocating domestic trading funds
Method / actionPublished workflowTiming or condition
NetbankingInitiate through Accounts → Fund transferOnline credit normally immediate after successful confirmationSource 9
UPIApprove the collect request generated by the trading platformDo not create an unrelated direct transfer to a copied UPI addressSource 9
NEFT/RTGSUse the customer-specific beneficiary shown in the official accountNever substitute the sample beneficiary printed in general helpSource 9
Unsuccessful gateway transferBank confirmation and hourly reconciliationA bank debit alone does not prove trading-account creditSource 9
Segment allocationEquity, currency and commodity allocationsAvailable until 17:00 and during the after-hours order sessionSource 9
Reference table21

Domestic withdrawal processing

Domestic withdrawal processing
Request / conditionPublished timetable or control
Weekday request before 10:00Same-day afternoon targetSource 10
Weekday request before 14:00Same-day evening targetSource 10
Saturday / bank holidayNo payout in the dedicated withdrawal FAQSource 10
AmountOnly the displayed withdrawable balance; payment to primary bankSource 10
RecordsLedger summary for eligibility; Add/Withdraw report shows 30 daysSource 10
Reference table22

Mutual-fund money has its own route

Mutual-fund money has its own route
StageCurrent contractual treatment
Purchase paymentPay the clearing-corporation route supplied for the orderSource 23
NAV eligibilityDepends on receipt of funds by the exchange/clearing arrangementSource 23
RedemptionProceeds go directly to the registered bank under the current termsSource 23
Demat or folioDefault follows demat activation; choose available holding mode before orderingSource 23
Reference table23

US-service cash movement is separate

US-service cash movement is separate
ItemPublished terms
FundingBank-dependent INR-to-USD remittance; verify the quoted conversion and arrival estimateSource 30
WithdrawalMinimum USD 20; fee USD 0 for residents or USD 10 for NRIsSource 30
Bank arrival1–2 working-day estimate after review/conversionSource 30

Protection & regulation

Sections ↑
Reference table24

Legal responsibility and registration evidence

Legal responsibility and registration evidence
RelationshipIdentifier / responsible firmEvidence boundary
Domestic stockbrokingSharekhan / Mirae Asset Sharekhan; INZ000171337NSE lists Sharekhan Ltd, member 10733; SEBI’s 2024 order corroborates the registrationSource 34Source 35
Domestic depository serviceIN-DP-365-2018; NSDL IN300513 / CDSL 12036000Broker/DP documentation; separate from stockbroking registrationSource 24Source 3
Managed portfolios / researchPMS INP000005786; RA INH000006183Current broker disclosures; these are distinct activitiesSource 24
Fund distributionAMFI ARN20669Distributor relationship; fund issuer remains responsible for the schemeSource 24
Group financingMirae Asset Sharekhan Financial Services LimitedSeparate NBFC, company-published RBI reference N-13.01810Source 26
Reference table25

What protection does and does not establish

What protection does and does not establish
ExposureRelevant boundary
NSE default/expulsion claimEligible IPF claims can be capped at₹35 lakh per investor per claim for the specified framework; not ordinary market-loss coverSource 36
MTF lossMTF contract excludes exchange-IPF protection for losses connected with the facility; unpaid debt remains dueSource 7
Demat movementsUse the actual NSDL/CDSL participant and account records; pledge changes can affect collateral rightsSource 3Source 19
Global serviceSeparate GIFT City and overseas arrangements; do not import domestic exchange protectionSource 30

The US route names Mirae Asset Capital Markets (IFSC) Private Limited as provider and ViewTrade International IFSC Private Limited as the account-maintaining global-access partner. Sharekhan acts as distributor. The page’s generic SIPC statement is not adopted as a verified entitlement because the executing US legal entity and membership/account coverage were not independently established.[30]

Reference table26

Complaints and escalation

Complaints and escalation
StagePublished routeRecord to retain
Broker complaintDesignated customer-service / investor-grievance mailboxTicket ID and original concernSource 32
Track progressAccount → Log My Request → Track My TicketTicket and responsesSource 32
ComplianceCurrent published compliance officer mailboxUnresolved issue and chronologySource 31
External routeSCORES and SMART ODR linked from the official broker siteCheck the relevant forum’s current admissibility requirementsSource 24

Opening an account & support

Sections ↑
Reference table27

Opening and maintaining eligibility

Opening and maintaining eligibility
Customer / taskPublished requirement or routeImportant qualification
Resident individualDIY, assisted tablet or physical applicationDigital completion still requires verification and due diligenceSource 28Source 2
Non-individualPhysical account-opening routeLegal entity and authorised-person documents depend on structureSource 28
Fast-opening promotionSole-holder resident, KRA-verified account during office hoursIPV and full due diligence must be complete; 15 minutes is not a universal guaranteeSource 2
Commodity activationSubmit income proof through app/web after KYCAccount opening does not activate every derivative segmentSource 38
NRI applicationDesk checks bank route, residence and documentationSigned/attested physical papers may follow initial document reviewSource 27
Reference table28

NRI account distinctions

NRI account distinctions
IssuePublished service scope
Bank relationshipNRE/repatriable and NRO/non-repatriable arrangements; confirm permitted PIS/non-PIS use with the deskSource 27
Product accessNRO equity derivatives subject to activation; mutual-fund/IPO routes are separately arrangedSource 27
DocumentsPAN, passport/status evidence, overseas address/tax identification and bank proof as applicableSource 27
Residence changesReclassify the relationship and arrange transfers through the NRI teamSource 27

Published domestic support and dealing desks

Customer serviceTelephone
+91 22 4152 3200Source 32

Scope India account support

Hours Monday–Friday 08:30–17:00 IST

Customer service alternateTelephone
+91 22 6115 1111Source 32

Scope India account support

Hours Monday–Friday 08:30–17:00 IST

Account serviceEmail
[email protected]Source 32

Scope Customer-service and account queries

Hours Published email; no response-time test

Demat supportEmail
[email protected]Source 32

Scope Depository-service queries

Hours Published email; no response-time test

Investor grievanceEmail
[email protected]Source 32

Scope Complaints; retain the ticket reference

Hours Published email; no response-time test

Dial-N-TradeTelephone
+91 22 4190 2300Source 10

Scope Telephone dealing; separate from customer service

Hours Check current segment dealing hours

Dial-N-Trade alternateTelephone
+91 22 4193 2600Source 10

Scope Telephone dealing

Hours Check current segment dealing hours

Mutual-fund service / dealingTelephone
+91 22 6992 0000Source 10

Scope Page identifies MF advisory and Dial-N-Trade use

Hours Confirm desk and product when calling

Specialist contacts

Trading APIEmail
[email protected]Source 16

Scope API access and integration queries

Hours No published response target verified

NRI deskEmail
[email protected]Source 27

Scope NRI onboarding and account servicing

Hours Confirm local availability

NRI desk telephoneTelephone
+91 22 6750 2329Source 27

Scope NRI account enquiries

Hours Confirm local availability

Compliance officerEmail
[email protected]Source 31

Scope Current CCO Krunal Rahangadale

Hours Formal compliance contact

Online-access freezing IVRTelephone
+91 22 6115 1118Source 41

Scope Call from the registered mobile to request an online-access freeze

Hours See published segment processing windows

Reference table29

Freezing access and recovering the account

Freezing access and recovering the account
StagePublished processPosition consequence
RequestActive clients: dedicated IVR or Profile → Request → Freeze my Trading accountPending orders are cancelled; online reports/login also become inaccessibleSource 41
Open positionsRemain open; broker communicates them within an hourFreeze does not itself close the market exposureSource 41
RestorationIdentity and account verification; request through supportPublished target within 3 working days of complete documentsSource 41

Additional services

Sections ↑
Reference table30

Investment services with separate economics

Investment services with separate economics
ServicePublished propositionRequirement / distinction
Margin Trading FacilityUp to 4× buying power across 1000+ eligible stocksStock-specific margin and financing terms; October promotion has separate eligibilitySource 6
InvesTigerEight equity baskets with research alertsCustomer acts on rebalancing; separate 0.5% transaction tariffSource 14Source 15
Sharekhan OneWealth allocation, monitoring and managed-product accessMaintain at least ₹2 crore total relationship valueSource 25
Portfolio-management routeDedicated PMS service and registration disclosureStrategy mandate, minimum, management/performance fee and exit terms require the actual agreementSource 24
Mutual fundsFund research, SIPs and lump-sum investingCompare actual fund plan, expenses and distributor relationshipSource 22
Financing solutionsFunding against approved equity purchasesGroup-NBFC credit and broker MTF are separate legal arrangementsSource 26
Business partnerFranchise/referral and business-support programmeRevenue share/security deposit varies by agreed model; not a retail brokerage entitlementSource 43
Reference table31

InvesTiger indicative basket entry amounts

InvesTiger indicative basket entry amounts
BasketPublished amountSelection context
Power, Top Picks, Star, Emerging Stars₹1 lakh eachPremier portfoliosSource 14
MNC Picks₹80,000Multinational-company basketSource 14
Economic Recovery / Export Picks₹50,000 eachThematic basketsSource 14
Green Model Portfolio₹60,000ESG-themed basketSource 14
Reference table32

InvesTiger controls that differ from ordinary stock picking

InvesTiger controls that differ from ordinary stock picking
ConditionCurrent contractual treatment
Funding100% advance margin; partial or rejected execution remains possibleSource 15
PledgingBasket stocks cannot secure MTF or other trading collateralSource 15
Portfolio switchesSale proceeds for another portfolio generally available next working daySource 15
RebalancingSales completed by 15:15 can fund same-day purchases; later sales lead to next-day buysSource 15
Reference table33

Mutual-fund recurring-investment administration

Mutual-fund recurring-investment administration
FeatureDocumented rule
Holding modeChoose demat/non-demat and an available existing folio before placing the orderSource 23
MandateA valid linked-bank mandate governs future instalments; check which mandate is selectedSource 23
Monthly SIP failuresThree consecutive failed instalments can trigger cancellationSource 23
CancellationPublished SIP workflow uses a T−5 day instruction windowSource 23
Redemption/switchOnce submitted, the current terms say these cannot be cancelled or modifiedSource 23
The facts34

Sharekhan One relationship-value scope

Sharekhan One relationship-value scope
MeasureValueContext
Threshold₹2 crore is a relationship-value criterion, not a required deposit for ordinary brokerage or automatic professional-investor status.Source 25
Included assetsThe booking form defines total value as mutual funds, PMS and demat assets. The introductory description also mentions deposits/alternatives; confirm inclusion of a particular product.Source 25

Company background & evidence

Sections ↑
Reference table35

Company identity and current published leadership

Company identity and current published leadership
ItemEvidence
Ownership transitionMirae Asset acquisition announced 28 November 2024Source 33
Business originBroker describes its online-trading launch as 2000; CIN U99999MH1995PLC087498 identifies the legal companySource 16Source 24
Chief executiveMoon Kyung Kang, designated director and CEO in the current KMP listSource 31
Chief financial officerSungkyu Kim in the current KMP listSource 31
Chief compliance officerKrunal Rahangadale in the current KMP listSource 31
Company secretaryRitu Sharma in the current KMP listSource 31
Reference table36

Company-published scale — dated 31 December 2025

Company-published scale — dated 31 December 2025
MetricReported figureInterpretation
Customers32 lakh+Company customer count; not active-client countSource 16
Locations900+Geographic footprintSource 16
Outlets4000+Own branches plus partnersSource 16
Customer assets₹3 lakh crore+Company-defined assets; not broker equity capitalSource 16
Reference table37

Documented regulatory finding

Documented regulatory finding
RecordEstablished findingLimit of the conclusion
SEBI order 18 October 2024₹2 lakh penalty for incorrect reporting of unclaimed/unsettled client-fund balances, involving inconsistent cut-off timesSeveral other allegations were not established. The order did not quantify gain or exact investor loss; later payment/appeal status was not checked.Source 35
The facts38

Evidence quality and dated-document decisions

Evidence quality and dated-document decisions
MeasureValueContext
AuthorityCurrent NSE member identification is used alongside SEBI’s dated order. A stockbroking number is not proof of every separately promoted service permission.Source 34
Pricing conflictsThe commodity tariff and older BSDA bands are disclosed where they affect the decision. Current statutory sources control tax and BSDA rules.Source 1Source 38Source 4Source 37
Management historyThe 2024 acquisition newsletter is historical. Current officer names come from the KMP publication, rather than an old welcome announcement.Source 33Source 31
Headquarters
Mumbai, India
Founded
Online brokerage launched in 2000; legal company identifier dates to 1995
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Mirae Asset Sharekhan Limited

IndiaSource 34Source 30Source 35

Licences and regulatory records for Mirae Asset Sharekhan Limited
Issuer & identifierRecorded statusDate & scope
Securities and Exchange Board of IndiaINZ000171337RegisteredChecked 11 Oct 2026NSE directory names Sharekhan Ltd and member 10733; the October 2024 SEBI order corroborates registration. Current branding/legal name comes from broker disclosure. The current named SEBI endpoint could not be retrieved; no additional activity permissions inferred.Source 34

Additional Information

Sections ↑
Reference table39

Official office directory

Official office directory
LocationPublished addressUse
Registered office1st floor, Tower 3, Equinox Business Park, LBS Marg, off BKC, Kurla West, Mumbai 400070, IndiaLegal/registered addressSource 24
Correspondence10th floor, Gigaplex Building 9, Raheja Mindspace, Airoli Knowledge Park Road, TTC Industrial Area, Navi Mumbai 400708, IndiaCorrespondence address; confirm team before sending originalsSource 24

Directory and specialist web routes

Open an accountWebsite
https://onboarding.sharekhan.com/diy/open-demat-trading-account/Source 29

Scope Resident digital application

Hours Identity and acceptance checks apply

Find a branchWebsite
https://stockbroker-branch.sharekhan.com/Source 10

Scope Official branch locator linked from broker help

Hours Check the selected office hours

API documentationWebsite
https://www.sharekhan.com/trading-api/documentationSource 18

Scope Developer reference

Hours Check active-account permissions

Business partnershipsEmail
[email protected]Source 43

Scope Franchise and business-partner enquiries

Hours Commercial terms by agreement

CareersWebsite
https://www.sharekhan.com/careersSource 44

Scope Official recruitment route

Hours Vacancies can change

GIFT City US serviceWebsite
https://gift.sharekhan.com/Source 30

Scope Separate global account portal

Hours Provider terms and country eligibility apply

Reference table40

Documents to match to the account

Documents to match to the account
DecisionDocument or screen that answers it
Brokerage before activationAccepted account/segment tariff, especially commodity and NRI ratesSource 1
Borrowing costMTF account interest rate, current risk policy and any invitation-specific offerSource 7Source 19Source 6
Custody expensesAccepted demat tariff and current BSDA eligibilitySource 3Source 5
Basket purchasesInvesTiger tariff override, full-funding rule and research reportSource 15
Recurring fund orderActual fund plan, selected mandate, holding mode and NAV-payment confirmationSource 22Source 23
Follow the evidence

Sources & further reading

  1. Resident brokerage tariff and service charges Mirae Asset Sharekhan · Accessed 11 Oct 2026
  2. Account-opening offer terms and legal disclosures Mirae Asset Sharekhan · Accessed 11 Oct 2026
  3. TC 100 demat tariff: BSDA opt-out/conversion form Mirae Asset Sharekhan · Accessed 11 Oct 2026
  4. SEBI BSDA eligibility and account-maintenance ceilings, 28 June 2024 Securities and Exchange Board of India · Accessed 11 Oct 2026
  5. SEBI BSDA amendment, 24 December 2025; effective 31 March 2026 Securities and Exchange Board of India · Accessed 11 Oct 2026
  6. Margin funding and October 2026 promotional terms Mirae Asset Sharekhan · Accessed 11 Oct 2026
  7. MTF operational help and eligibility Mirae Asset Sharekhan · Accessed 11 Oct 2026
  8. Trading-account funding and segment allocation Mirae Asset Sharekhan · Accessed 11 Oct 2026
  9. Withdrawable balance and dedicated payout schedule Mirae Asset Sharekhan · Accessed 11 Oct 2026
  10. Trading platforms overview Mirae Asset Sharekhan · Accessed 11 Oct 2026
  11. TradeTiger desktop functions Mirae Asset Sharekhan · Accessed 11 Oct 2026
  12. Mirae Asset Sharekhan mobile application Mirae Asset Sharekhan · Accessed 11 Oct 2026
  13. InvesTiger portfolios and indicative entry amounts Mirae Asset Sharekhan · Accessed 11 Oct 2026
  14. InvesTiger transaction terms and tariff override Mirae Asset Sharekhan · Accessed 11 Oct 2026
  15. Trading API product page and corporate scale Mirae Asset Sharekhan · Accessed 11 Oct 2026
  16. Trading API FAQ: data, eligibility and limits Mirae Asset Sharekhan · Accessed 11 Oct 2026
  17. Trading API documentation index Mirae Asset Sharekhan · Accessed 11 Oct 2026
  18. Client RMS policy, May 2026 Mirae Asset Sharekhan · Accessed 11 Oct 2026
  19. Policy on My Good Till Date orders Mirae Asset Sharekhan · Accessed 11 Oct 2026
  20. Big Trade Plus order terms Mirae Asset Sharekhan · Accessed 11 Oct 2026
  21. Mutual funds and regular-plan research selection Mirae Asset Sharekhan · Accessed 11 Oct 2026
  22. Current online mutual-fund terms and bank-payment framework Mirae Asset Sharekhan · Accessed 11 Oct 2026
  23. Portfolio-management service and current legal footer Mirae Asset Sharekhan · Accessed 11 Oct 2026
  24. Sharekhan One wealth-service eligibility Mirae Asset Sharekhan · Accessed 11 Oct 2026
  25. Financing services and separate NBFC disclosure Mirae Asset Sharekhan · Accessed 11 Oct 2026
  26. NRI account routes, eligibility, documents and service desk Mirae Asset Sharekhan · Accessed 11 Oct 2026
  27. Individual and non-individual account-opening channels Mirae Asset Sharekhan · Accessed 11 Oct 2026
  28. Resident digital account-opening portal Mirae Asset Sharekhan · Accessed 11 Oct 2026
  29. Current published key managerial personnel Mirae Asset Sharekhan · Accessed 11 Oct 2026
  30. Filing complaints and customer-service directory Mirae Asset Sharekhan · Accessed 11 Oct 2026
  31. Mirae Asset acquisition announcement, 28 November 2024 Mirae Asset Sharekhan · Accessed 11 Oct 2026
  32. NSE named member directory: Sharekhan Ltd, 10733 National Stock Exchange of India · Accessed 11 Oct 2026
  33. SEBI adjudication order, 18 October 2024, Sharekhan Limited Securities and Exchange Board of India · Accessed 11 Oct 2026
  34. NSE investor-protection-fund claim limit, 13 August 2024 National Stock Exchange of India · Accessed 11 Oct 2026
  35. NSE current securities-derivatives STT, effective 1 April 2026 National Stock Exchange of India · Accessed 11 Oct 2026
  36. Exchange currency-derivatives account Mirae Asset Sharekhan · Accessed 11 Oct 2026
  37. IPO application service Mirae Asset Sharekhan · Accessed 11 Oct 2026
  38. Voluntary freeze and unfreeze of online trading access Mirae Asset Sharekhan · Accessed 11 Oct 2026
  39. Investor Risk Reduction Access outage route Mirae Asset Sharekhan · Accessed 11 Oct 2026
  40. Business-partner programme and enquiry contact Mirae Asset Sharekhan · Accessed 11 Oct 2026
  41. Official careers route Mirae Asset Sharekhan · Accessed 11 Oct 2026
  42. Brokerage calculator: input and calculation method Mirae Asset Sharekhan · Accessed 11 Oct 2026

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