Online Trading Platform:

State-of-the-art online portal – is an online vertical of Asit C. Mehta Investment Interrmediates Ltd. (ACMIIL). ACMIIL is part of the Mumbai based Nucleus Group, and is jointly promoted by market veterans Mr. Asit C. Mehta and Mrs. Deena A. Mehta.

A highly trusted name in India in the financial services industry, ACMIIL is a reputed corporate member of the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE). ACMIIL is also a DP with Central Depository of India (CDSL). Established in 1983, ACMIIL has become a go-to brand among online trading platforms. Over the past 36 years, ACMIIL has helped more than 2 lakh customers in growing their money through a well-planned investment portfolio.

ACMIIL strives hard to provide every Indian investor with the access to appropriate financial products, services, and solutions to maximize savings through well-diversified investment planning. ACMIIL offers a wide variety of financial services to support its customers.

Our Vision:

“To become the most trusted financial intermediary in India”

Our Mission:

“To reach appropriate financial products, services, and solutions to every Indian entity”



Mr. Asit C. Mehta, Group Chairman

A Chartered Accountant and a seasoned capital market professional, Mr. Asit C. Mehta is the Chairman of the Nucleus Group that owns ACMIIL. He has attained several shot-term/diploma courses in management, securities laws, and investment management. He started his career in corporate finance markets in 1983 by associating with leading government security brokers. He concentrated on corporate debt comprising ICDs, bill discounting, syndication of loans, issue of commercial papers, and short-term debentures. He is focused on initiating multiple new businesses within the Group such as debt markets, interbank, forex broking, retail money changing, and money transfer services. Moreover, his passion for technology led him to the technology sector way back in 1996 with certain assignments in business process, GIS, and data management solutions. He also oversees investment banking activities. As the Group Chairman, he provides guidance and direction to the Nucleus Group.


Mrs. Deena Mehta, Managing Director, ACMIIL

Mrs. Deena Mehta is a Chartered Accountant, Masters in Management Studies (Finance), and Fellow Member of Securities and Investment Institute London. She is the promoter of the Nucleus Group. She is on the Board of Reliance Asset Reconstruction Company Ltd., Reliance Home Finance Ltd, Reliance Commercial Finance Ltd, and Gandhar Oil Refinery (India) Limited as an Independent Director. She is a former President of the Bombay Stock Exchange and has the honour of being the first woman Director on the Board of the BSE as well as being the first woman President of the BSE. She is also a former director of National Payments Corporation of India (NPCI). She was the promoter director of Central Depository Services (India) Ltd and is a Founder Member of South Asian Federation of exchanges, the association of stock exchanges of SAARC countries. She has been an invitee to International Securities Regulators Organization and a member of the Index Committee and Advisory Committee on mutual funds of stock exchange, Mumbai. She is also the member of SEBI committees such as Review of Eligibility (CORE) norms of SEBI, Derivative Committee, Delisting Committee, Ethics Committee, and Investor Education.


Mr. Kirit Vora, Group Director

Mr. Kirit Vora is a Chartered Accountant and Diploma holder in Securities Law from the Government Law College, Mumbai. He is associated with the Nucleus Group for the past 30 years. He has been in the financial services for more than 36 years. In his initial 5 years for the Nucleus Group, he was focused on setting up the institutional equity desk with empanelment, research, and dealing teams. Over the years, he has worked on various products, services, channels, and functions. As part of the top management team, he is responsible for overseeing diverse functions. Prior to joining the Nucleus Group, he was self-employed as management consultant for two years. At the start of his career, he worked with Larsen and Toubro Ltd in project finance activities.


  • The first share broker in India to convert from a proprietary model of business to a company model to bring professionalism & quality of service to our customers.
  • The first to utilize ‘franchisee business model’ for Associates.
  • The first proprietary broker to convert as a limited liability company on the Bombay Stock Exchange (BSE).
  • One of the first multiple seat holders in multiple exchanges so that our customers always get everything under one roof.
  • One of the first users to adopt the VSAT technology of network so that our customers always get the fastest information first.
  • The first to achieve the ISO quality certification for business processes from SGS. Currently, we are ISO 9001:2008 certified company.
  • The company’s Managing Director, Mrs. Deena A. Mehta was the first woman elected to the governing board of the BSE and the first and only woman to be the President of BSE (Before Corporatization).


ACMIIL has more than 25 years of rich experience in providing the highest levels of research to institutional and retail clients. From sectoral recommendations to economic outlook, short, medium to long-term perspective, our research desk is constantly involved in providing the best investment ideas to our customers. Our team of highly trained professional research analysts leaves no stone unturned in providing our customers with profitable investment ideas. We also provide product research and advisory services for financial planning, asset allocation, mutual funds, industry experts’ opinions, and complete investment advisory services through


The Asit C. Mehta Group of Companies includes the following companies:



Asit C. Mehta Financial Services Limited started operations in the early 90s. The company is in the business of providing advisory and consultancy services on fund mobilization and restructuring of companies, and derives revenue from renting properties. The company is listed on BSE Ltd. (BSE)



Pentation Analytics, an InsurTech company, provides state-of-the art analytics applications for the Insurance Industry. It also offers cutting-edge analytics to banking, financial services, capital markets, and the payments sector. Established in 2015, the zeal for innovation in analytics has given it the opportunity to work with some of the best players in the BFSI space.



A Mumbai-based Business Processing Outsourcing/IT Enabled Services provider, the company is focused on providing end-to-end digital solutions to manage data dependent processes that help clients across the healthcare, pharmaceuticals, BFSI, retail, and telecom industries. It enables them to overcome business challenges and help them manage information at the click of a button. Solutions ranging from data entry, process outsourcing, to application development, are all included in their vast portfolio. It also offers NPA recovery services to Asset Reconstruction Companies,Banks, NBFCs, Fintech companies.

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Fees and other financial terms and conditions for investing in stock baskets:

  • The client agrees to pay the fees calculated in the manner and on the rates as provided in the Schedule I.
  • The Basket profits or returns would include any dividends, benefits received out of corporate actions.
  • All the costs, fees, charges as per schedule I and expenses of whatsoever nature incurred by us in connection with the acquisition, holding, sale and transfer, in respect of the dematerialized state charges of the Depository Participant, in respect of Securities shall be paid by the Client.
  • A new separate DP account is required for all investors for the basket investments.
  • For new and existing clients, the Demat account will be used only for equity basket and Investor is free to open separate Demat account for self managed investment.
  • During the course of investment, we will invest as close as possible to the basket amount. Some small surplus to be left due to rounding off that amount will be managed /invest/return to the investor as suitable.
  • The stocks in the basket will be as per the discretion of the ACMIIL. These stocks would be reviewed from time to time and the rebalancing, (if any), of the stocks in the basket would be at the discretion of ACMIIL.
  • You are free to exit basket wise or exit from all basket at any point of time. You are not allowed to selectively exit from any stock or add any stock to the basket.
  • In case of a bank mandate, we will need 20% more mandate of the basket amount as the stock price will fluctuate time to time. The amount taken from bank would be actual value of Basket.
  • The Client agrees that in the event of a dispute, the Claims, if any, by the Client cannot exceed the fees paid by the Client for the year for advisory services in Rupee terms.
  • The client agrees that in case of any dispute, the claim and/or disputes will be referred to arbitration as per the Rules, Bye-laws and Regulations of the Stock Exchange where the trade is executed and the circulars/notices issued there under as may be in force from time to time.
  • As a SEBI registered stock broker, we are permitted to act as an adviser. This product is part of our advisory activity.
  • As a SEBI registered stock broker, we are permitted to act as an adviser. This product is part of our advisory activity.

Schedule I

Fees Structure
Nature of FeesFees
Basket FeesINR 300 per basket + GST (Charged upfront)
Advisory Fees (Second year onwards)2% p.a+ GST (Charged upfront on Basket Value)
Approx Transaction Charges0.13%
Note: In Basket fees and Management Fees, GST will be recovered at the applicable rate.
Transaction charges includes Brokerage, STT, Stock Exchange charges, Stamp duty, SEBI Charges & GST

Fees Structure Example:

Suppose Client A has bought 1 basket for 36 months so he will pay INR 300 per basket as Basket fees for 36 months and from 13th month onwards he will pay Advisory fees for 1st basket as one year ends for the basket. So, after completion of one year the client A has to pay the Basket fees (13th month fresh basket) as well advisory fees (1st basket upfront Advisory fees for second year).

Transaction Charges Includes
STT (Central Govt)0.1% on Transaction Value
Transaction Charges (Stock Exchange)0.0034% on Transaction Value
Stamp Duty & SEBI Charges0.011% on Transaction Value
GST18% on Transaction Charges.
  • I have understood that Investment in securities market is subject to market risk, read all the related documents carefully before investing. Past performance is not indicative of future performance and future results. The recommendations made by ACMIIL could be those that are based on its own research or on the advice of a SEBI registered Investment Adviser.
  • I have understood the equity basket fees terms and other financial conditions and the clarifications required by me. I understand that the investment in Equity basket is subject to risk associated with equity investments. I have understood the investment process and other aspects of the product.
  • I hereby agree to participate.

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