NIAPL BAS FAQ.pdf

NIAPL Basket Advisory Service is an investment service provided by Narnolia Investment Advisors Private Limited, helping investors participate in markets through a ready-mix of equity products based on their risk appetite. To invest, users select the NIAPL Basket Advisory Service tab, fill out a risk profiler, and pay subscription fees. The service offers benefits like pre-defined baskets, 24/7 portfolio tracking, and real-time rebalancing. There is no lock-in period, and users can view their purchased baskets the next day. Rebalancing involves buying or selling shares to maintain allocated shares, and users can sell their baskets fully or partially. Advisory fees are deducted in two tranches, and users can invest multiple times in the same basket on the same day. The service also offers a top-up option and allows conversion of existing holdings to basket holdings. Brokerage charges apply according to the user's current delivery brokerage plan, and users can place AMO orders to buy or sell baskets.