FAQ

How do Mutual Funds work?

1. A mutual fund is set up by the Sponsor or Promoter. An asset management company (AMC) is appointed to oversee and manage the fund’s portfolios.
2. An investor puts in money in a mutual fund scheme in exchange for units.
3. This money, collected from a pool of investors, is then used to purchase stocks, bonds, money-market instruments and so on. The fund’s prospectus usually provides a detailed idea about the kind of assets that will be purchased.

What is BO Account?

A BO or Beneficiary Owner Account facilitates trading (buy or sell) of securities/Bond. Securities are electronically deposited to or withdrawn from BO accounts. BO accounts are opened with Central Depository Bangladesh Limited (CDBL) through a Depository Participant (DP) i.e., Brokerage house.

How can I open a BO Account?

You can open a BO account online on our web platform. Please click here to open a BO account with us. To get any information or assistance in opening BO account, please call our Digital service officer You can also open a BO account at our digital booths. Please bring the NID of you and your nominee, 2 copies of passport size photo of you and your nominee, E-TIN (if you have) and a bank cheque. Our relationship manager will assist you to open an account at our digital booths.

What is Margin Loan? How can I avail it?

To facilitate your daily stock market activity, Margin Loan is a credit line extended to you by us. If you are interested in buying a stock but do not have enough cash, we help you to complete this transaction by bringing you additional fund in the balance. The finance is provided to you up to a percentage of the value of your equity portfolio.