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Kotak Securities launches ‘Kotak Pearl’, a trading account specially designed for women

Friday 11 April 2014

Salient Features:
  • 50% brokerage cash back on cash market trades
  • Low brokerage of 0.01% on Kotak Gold ETF transactions
  • Guide book – Everything you wanted to know about stock market investing
To encourage women to invest directly in equities, Kotak Securities, today launched ‘Kotak Pearl’, a special Trading Account designed keeping in mind the needs of today’s women. Packed with features that will help her take charge of her investments, have better control and take independent decisions through ‘Kotak Pearl’, Kotak Securities becomes the first broking firm to offer a special trading account for women investors.
’Kotak Pearl’ comes with 
  • 50% brokerage cash back on cash market trades for the first three months
  • Low brokerage of 0.01% on Kotak Gold ETF transactions
  • A guidebook –  ‘Everything you wanted to know about stock market investing’
  • Discounted account opening fee of only Rs.500
Investing trends indicates that, women not only trade for longer periods of time but they also show larger activity as compared to men. These women who trade are also not shy of exposure to derivative instruments, the penetration of which rivals that of men.

Announcing the launch, B Gopkumar, Executive Vice President & Head Broking, Kotak Securities said, “Women have always been in control of and good at budgeting. Today we see many successful women in professional fields and entrepreneurial set ups contributing significantly to economic growth and development. Although they are financially independent, all they need is sound and friendly advice. With the launch of ’Kotak Pearl’, we are committed to providing the right guidance by giving timely insights and providing a seamless trading experience”.

Along with the special benefits, the account will allow women investors to enjoy the regular offerings of Kotak Securities such as online trading platform KEAT ProX, mobile trading application Kotak Stock Trader, expert research recommendations and a customer service desk which can service in 10 different languages.

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