Sharekhan: Navigating Your Investment Journey
Sharekhan is a well-established full-service brokerage firm in India, providing a wide array of investment services and financial products to both seasoned investors and beginners. Founded in 2000, it has built a strong reputation for its research-backed advice, extensive branch network, and user-friendly trading platforms.
Comprehensive Investment Options
Sharekhan caters to diverse investment needs by offering access to various asset classes. These include:
- Equities: Trade stocks on the Indian stock exchanges (NSE & BSE) through their online platform, mobile app, or offline assistance from relationship managers.
- Derivatives: Engage in futures and options trading, benefiting from Sharekhan’s research insights and trading strategies.
- Mutual Funds: Invest in a wide variety of mutual funds across different asset classes and fund houses, tailored to individual risk profiles and financial goals. Sharekhan often provides curated fund recommendations.
- Commodities: Trade in commodities such as gold, silver, and crude oil through the Multi Commodity Exchange (MCX).
- Currency Derivatives: Participate in currency trading, leveraging Sharekhan’s platform and market analysis.
- Initial Public Offerings (IPOs): Apply for IPOs directly through Sharekhan’s platform, providing access to newly listed companies.
- Fixed Income: Explore fixed income options like bonds and corporate deposits for a more conservative approach to wealth building.
Research and Advisory Services
A key differentiator for Sharekhan is its robust research and advisory services. Their team of analysts provides in-depth market analysis, company-specific reports, and trading recommendations. This research is available to clients through various channels, including:
- Online Research Portal: Access detailed reports, technical analysis, and fundamental analysis on stocks, sectors, and the overall market.
- Relationship Manager Support: Receive personalized advice and guidance from dedicated relationship managers, particularly beneficial for high-net-worth individuals.
- Trading Calls and Recommendations: Get timely trading calls and investment recommendations via SMS, email, and the trading platform.
Trading Platforms and Technology
Sharekhan offers a suite of trading platforms designed to cater to different trading styles and preferences. These platforms include:
- Sharekhan Trade Tiger: A desktop-based trading platform with advanced charting tools, real-time market data, and order management features.
- Sharekhan App: A mobile app allowing users to trade on the go, track their portfolio, and access research reports.
- Sharekhan Mini: A simplified trading platform for beginner investors, offering a streamlined and user-friendly experience.
Customer Support and Branch Network
Sharekhan boasts an extensive network of branches across India, providing convenient access to customer support and assistance. Clients can visit branches for account opening, query resolution, and personalized advice. They also offer online and telephonic support channels.
Considerations
While Sharekhan offers a comprehensive suite of services, it’s important to consider the associated brokerage charges, which are typically higher than discount brokers. Evaluate your trading frequency and investment needs to determine if the added services justify the higher costs. Compare Sharekhan’s offerings with other brokers before making a decision.