Accounts & headline costs
Sections ↑Nuvama Markets is the execution and investment platform associated with Nuvama Wealth and Investment Limited. Its retail offer includes trading and demat services, several pricing/service plans, mobile and web platforms, and an API route. Brokerage plan, depository charges and support entitlement must be kept separate: a ₹20 order ceiling in Lite Plus does not make every account event or financing charge ₹20.[1][2]
Account comparison01
Account and service routes at a glance
| Account / route | Customer and legal scope | Principal condition |
|---|---|---|
| Lite Plus trading and demat account | Self-directed resident investors using flat-fee execution | The accepted plan controls brokerage, support and ancillary charges.Source 1Source 2 |
| Elite / relationship route | Clients using adviser or relationship-service features | Percentage/minimum brokerage and service terms can differ from Lite Plus.Source 1Source 2 |
| MTF-enabled account | Approved clients using margin trading facility | Pledge, funding interest, eligible securities and margin shortfall rules apply.Source 1Source 2 |
| API-enabled account | Nuvama clients or approved integrations using API Connect | Trading permission, tokens and normal brokerage remain.Source 1Source 2 |
Pricing & charges02
Headline charges and what they cover
| Item | Published basis | Important scope |
|---|---|---|
| Lite Plus brokerage | ₹20 per executed order across stated cash and derivatives segments | The fee is capped and can be lower under the plan formula; taxes and exchange charges remain.Source 1Source 2 |
| DP annual maintenance | First year free, then ₹300 per year under Lite Plus | BSDA rules can alter AMC for eligible small accounts.Source 1Source 2 |
| DP debit / transfer | ₹20 per ISIN under the displayed Lite Plus schedule | Depository levies and route-specific charges can be additional.Source 1Source 2 |
| Delayed payment / MTF | Lite Plus displays 30% for both items | The page does not print the time basis beside these rates. Obtain the dated financing schedule specifying period and calculation.Source 1 |
| Research and notifications | Optional monthly charges appear under Lite Plus | Plan features and free/paid tools can change separately from dealing fees.Source 1 |
At a glance03
Lite Plus services beyond brokerage
| Item | Details |
|---|---|
| Call and trade | ₹20 per call.Source 1 |
| Pay-in / payout | ₹20 per pay-in transfer; payout free.Source 1 |
| Research / WhatsApp alerts | ₹50 monthly each.Source 1 |
| Investology course | ₹100 per course.Source 1 |
| Pledge | ₹60 under the displayed plan.Source 1 |
| Relationship support | Lite excludes a relationship manager or adviser; two switches to Elite are listed as free.Source 1 |
Products & platforms
Sections ↑Nuvama supports Indian cash equities, exchange derivatives, currency/commodity segments where enabled, mutual funds and other investments. Product access depends on KYC, segment activation, demat status, risk profile and the relevant plan.[3][1]
Specifications04
Products and account boundaries
| Product route | Published scope | Boundary |
|---|---|---|
| Equity cash | Delivery and intraday exchange orders | Settlement, securities transaction tax and DP debit charges differ.Source 1 |
| Futures and options | Activated derivatives segments | Upfront margin, cash-component requirements and expiry/assignment risk apply.Source 1 |
| MTF | Approved securities financed under the MTF arrangement | Interest, pledge and maintenance obligations can lead to liquidation.Source 1Source 2 |
| Funds and portfolio tools | Mutual funds, guided portfolios and portfolio organiser | Product expenses and advisory scope remain separate from brokerage.Source 3Source 1 |
Fees & holding costs
Sections ↑The all-in result combines brokerage, exchange and regulatory levies, GST, stamp duty, DP debit fees, pledge/MTF charges, financing interest and optional tools. A flat fee per order does not cap taxes, financing or depository charges.[1][2]
Pricing & charges05
Cost layers beyond the headline
| Cost layer | When it applies | Why it matters |
|---|---|---|
| Statutory and exchange levies | Any executed trade | Brokerage is only one line on the contract note.Source 2 |
| DP debit | Delivery securities leave the demat account | Charged per ISIN rather than per order in the displayed schedule.Source 2 |
| Pledge / unpledge | Collateral is created or released | Repeated collateral events can accumulate separate fees.Source 2 |
| MTF and delayed payment | Broker-funded amount remains outstanding | The rate, time basis and funded balance determine the cost separately from brokerage.Source 1 |
| Optional research or notifications | Client enables paid tools under the plan | Subscriptions are separate from transaction costs.Source 1 |
At a glance06
Derivatives collateral and demat-plan scope
| Item | Details |
|---|---|
| F&O collateral | Lite describes 50% cash and 50% stock margin.Source 1Source 10 |
| Cash shortfall | 0.05% per day under the Lite schedule.Source 1Source 10 |
| Separate NSDL plans | September 2026 kit lists Regular DDPI/non-DDPI AMC of ₹500 from year two, and a ₹1,500 one-time Star scheme. These are not the Lite ₹300 AMC tariff.Source 1Source 10 |
| BSDA in that NSDL kit | Nil AMC through ₹4 lakh; ₹100 annually above ₹4 lakh through ₹10 lakh; above ₹10 lakh is outside BSDA.Source 1Source 10 |
Execution & trading rules
Sections ↑Platforms & products07
Platform and order controls
| Route / control | Published capability | Operational limit |
|---|---|---|
| Nuvama Markets mobile | Orders, positions, market news and portfolio monitoring | Segment activation and device connectivity apply.Source 3 |
| Nuvamawealth.com | Investment planning, product access and account reporting | The website and app can expose different workflows.Source 3 |
| TX3 | Advanced trading interface | System, data and account eligibility must be confirmed.Source 3 |
| API Connect | REST/order access and WebSocket market feeds | Normal brokerage applies; access tokens and permissions must be controlled.Source 4 |
At a glance08
API Connect operating limits
| Item | Details |
|---|---|
| Interfaces | REST, WebSocket feeds and SDK examples including Python, Node and Java.Source 4Source 9 |
| Published daily caps | 2,000 orders and 86,400 API requests.Source 4Source 9 |
| Excess use | The documentation describes escalating temporary blocks for repeat breaches.Source 4Source 9 |
| Access pricing | The promoted free first year is a limited offer; normal brokerage remains.Source 4Source 9 |
Order availability depends on the activated exchange segment, product type, margin, price bands, session and system status. API access can place orders but does not remove exchange risk controls or the customer’s responsibility for orders already accepted before a token is revoked.[1][4]
Deposits, withdrawals & transfers
Sections ↑Process09
Cash funding and withdrawal lifecycle
| Stage | Published route | Constraint |
|---|---|---|
| Bank pay-in | Registered-bank transfer through supported channels | Third-party funds and cut-off rules can delay credit.Source 5 |
| Payout | Requested withdrawal of available settled cash | Open positions, collateral, unsettled sales and running-account settlement affect availability.Source 5Source 2 |
| MTF settlement | Cash or collateral supports financed positions | Shortfall and pledge rules can trigger charges or liquidation.Source 1Source 2 |
Transfer terms10
Moving an existing portfolio
| Transfer type | Published treatment | Material consequence |
|---|---|---|
| Incoming demat transfer | Eligible securities credited through NSDL/CDSL process | Account names, ISINs and depository instructions must match.Source 6 |
| Outgoing / off-market transfer | DP debit instruction or supported digital route | ₹20 per ISIN and depository charges appear in the Lite schedule.Source 2 |
| Plan or account migration | Plan switch subject to the displayed limits and conditions | Changing plan can alter brokerage and service entitlements.Source 1 |
A ledger balance, trading margin and withdrawable cash are different. Running-account settlement, margin blocks and unsettled obligations can keep money or securities unavailable even when the app shows a positive value.[5][6]
Protection & regulation
Sections ↑Protections & eligibility11
Protection chain
| Layer | Published position | What it does not mean |
|---|---|---|
| Stock broker | Nuvama Wealth and Investment Limited; published SEBI stock-broker registration INZ000005231 | The same footer lists DP registration IN-DP-656-2021; match the registration to the service.Source 1 |
| Depository participant | Demat assets use NSDL/CDSL infrastructure under the DP agreement | A demat holding can still be pledged or subject to a valid debit instruction.Source 6 |
| Exchange investor mechanisms | Exchange complaint and investor-protection arrangements can apply within their rules | Eligibility and limits depend on the event; ordinary trading loss is excluded.Source 5 |
| SEBI SCORES / SMART ODR | Escalation after approaching the intermediary, with review/conciliation/arbitration routes | SCORES facilitates redress; it is not a guarantee of compensation.Source 5Source 7 |
Keep brokerage, depository and advisory activities distinct. The relevant registration and complaint route can differ even when the same group or platform presents the service.[1][5][6]
Opening an account & support
Sections ↑Process12
Opening, service and escalation
| Route | Use | Boundary |
|---|---|---|
| Digital opening | PAN, bank information, documents and e-sign | Account and segment approval remain subject to KYC and checks.Source 1 |
| Helpdesk | Trading and demat contacts in the investor charter | The broker targets redress within the stated 21-day period.Source 5 |
| Exchange / SCORES | Escalation after the broker response | Use the current exchange and SCORES portal, not ordinary email to SEBI.Source 5Source 7 |
| SMART ODR | Online conciliation and arbitration after unresolved market-participant dispute | The process has separate review, conciliation and arbitration stages.Source 6 |
At a glance13
Telephone and app support
| Contact | Published number or route | Service scope |
|---|---|---|
| Nuvama helpdesk | 1800 102 3335 | Published 08:30–17:30.Source 1 |
Support and complaint contacts
Helpdesk emailEmail
Investor charterWebsite
https://www.nuvamawealth.com/cas/Landing-pages/Nuvama-Investor-Charter/Nuvama-Investor-Charter-Stock-Brokers.htmlSource 5
Scope Broker grievance process and escalation.
Security recovery, mobile-number changes and bank modifications can require fresh identity checks. Preserve contract notes, ledger/DP statements, order identifiers and complaint acknowledgements.[5][6]
Additional services
Sections ↑Reference table14
Distinctive services
| Service | Function | Condition |
|---|---|---|
| API Connect | Programmatic market data, account data and order placement | Normal brokerage, permissions and token security apply.Source 4 |
| Guided portfolios / research | Portfolio and research tools under the selected plan | Research does not create a discretionary mandate.Source 1Source 3 |
| Auto collateral | Published as free within Lite Plus | Collateral still creates margin and pledge consequences.Source 1 |
An API key or automated strategy can transmit orders only within the enabled account and permissions. Disconnecting a third-party application should not be assumed to cancel orders already accepted by the broker or exchange.[4]
Company background
Sections ↑The facts15
Nuvama Markets at a glance
| Measure | Value | Context |
|---|---|---|
| Contracting entity | Nuvama Wealth and Investment Limited | Source 1 |
| Primary jurisdiction | India | Source 5 |
| Headquarters | Mumbai, Maharashtra, India | Source 1 |
| Founded / lineage | Formerly Edelweiss Broking Limited; now Nuvama Wealth and Investment Limited | Source 1 |
| Platforms | Nuvama Markets app; Nuvamawealth.com; Nuvama TX3; Nuvama API Connect | Source 3Source 4 |
Reference table16
Company and service boundaries
| Issue | Published position |
|---|---|
| Legal lineage | Nuvama Wealth and Investment Limited is the former Edelweiss Broking Limited. Its parent, Nuvama Wealth Management Limited, is a different entity.Source 1 |
| Service boundary | Broking, DP, research and advisory permissions should be matched to the relevant registration.Source 1Source 6 |
- Headquarters
- Mumbai, Maharashtra, India
- Founded
- Formerly Edelweiss Broking Limited; now Nuvama Wealth and Investment Limited
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Nuvama Wealth and Investment Limited
No separate licence entry is recorded in this panel.
Additional information
Sections ↑Reference table17
Practical checks before using the service
| Question | Why it changes the result |
|---|---|
| Which pricing plan is accepted? | Brokerage, support and ancillary fees vary by plan.Source 1Source 2 |
| Which exchange segments are active? | Cash, derivatives, currency and commodity permissions are separate.Source 1 |
| What is blocked as margin or collateral? | Positive ledger value can be unavailable for withdrawal.Source 5 |
| What does a DP transfer cost? | Per-ISIN and depository charges differ from brokerage.Source 2 |
| What can the API do? | Trading access and read-only data need explicit token permissions.Source 4 |
Sources & further reading
- Nuvama Lite Plus pricing and account route Nuvama · Accessed 29 Oct 2026
- Current pricing and ancillary charges Nuvama · Accessed 16 Oct 2026
- Platforms and product access Nuvama · Accessed 16 Oct 2026
- API Connect platform and permissions Nuvama · Accessed 29 Oct 2026
- Stock-broker investor charter and grievance process Nuvama · Accessed 29 Oct 2026
- Depository participant charter and ODR route Nuvama · Accessed 16 Oct 2026
- SEBI SCORES complaint system Securities and Exchange Board of India · Accessed 16 Oct 2026
- SEBI investor support and helpline Securities and Exchange Board of India · Accessed 16 Oct 2026
- API Connect limits and documentation Nuvama · Accessed 29 Oct 2026
- NSDL account-opening kit, September 2026: separate DP plans Nuvama · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.