HDFC Sky

HDFC Sky: What You Need to Know About the New Investment App by HDFC Securities

Are you looking for a convenient way to manage all your investments in one place? If yes, then you might want to check out HDFC Sky, a new app launched by HDFC Securities.

HDFC Sky is an app that promises to help users track and trade in various investment instruments, such as Indian equities, US securities, mutual funds, ETFs, and fixed income instruments. With this app, you can access the stocks of over 3,500 listed companies, more than 100 ETFs, and over 2000 mutual funds across various sectors. You can also invest in more than 500 overseas companies with fractional investing, which allows you to buy and sell in small quantities.

HDFC Sky also offers some features that are designed to make your investment journey easier and smarter. For example, you can use the KART feature to place multiple orders in one go, instead of executing each trade individually. You can also use the Portfolio baskets feature to create and follow customized portfolios based on your risk profile and goals. Moreover, you can get access to premium expert opinions, smart dashboards, and in-depth analysis to help you make informed decisions.

This app also claims to provide a secure and reliable platform for your investments. The app ensures user and data security with encryption and biometric authentication. It also guarantees trading with zero downtime, meaning you can trade anytime and anywhere without any interruptions.

HDFC Sky app pricing

As for the pricing, HDFC Sky is currently offering some attractive deals for new users. There is no account opening charges for opening trading and demat account through the app. The app is also providing zero maintenance charges for the first year. The app charges Rs 20/order on Intraday and Delivery of Equity, F&O, Currency and Commodity. For other charges, such as Demat, Margins, Statutory and some others, you can check the HDFC Sky website or app.

HDFC Sky
HDFC Sky

Here are the main points:

  • No account opening charges for trading and demat account through the app.
  • Zero maintenance charges for the first year.
  • Rs 20/order or 0.1% (whichever is lower) for intraday and delivery of equity, F&O, currency and commodity.
  • 5 cents/share for US stocks.
  • Rs 20/order for options (intraday and carry forward).
  • Other charges such as demat, margins, statutory, etc. may apply. Please check the HDFC Sky website or app.

HDFC Sky is a new trading and investing app that aims to cater to the needs of different types of investors. However, before you start using it, you should compare its features and pricing with other popular apps and platforms in the market. You should also do your own research and due diligence before investing in any instrument.

Leave a Reply

Your email address will not be published. Required fields are marked *