Initial corpus can be brought in by way of RTGS/NEFT/Cheque/DD. As per regulations, the funds can come only from a bank account that is in the name of the investor and mapped with us.
It is possible to introduce existing securities as part or whole of corpus subject to the minimum capital requirement. Securities can be transferred to the client’s demat account opened with the PMS. The securities have to necessarily come from a demat account which is in the name of the investor. Along with security transfer, the client also needs to provide us with the date of acquisition and the cost of acquisition of these securities. This will ensure all future reports are prepared correctly.