Smallcase will charge for every new lumpsum investment going forward

General
1

It appears smallcase will charge for every new lumpsum investment going forward !!
100rs or 1.5% whichever is lower !

This is steep from zero additional investment or lumpsum charges.

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2

Recession is coming. All freebees gone with the wind.

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3

Thanks for sharing.

4

On their blog post about new pricing, they say that the new pricing model will help investors and be more beneficial. I knew about the new pricing but I was stupid enough to make two ‘Invest More’ transactions after I purchased (and made initial transaction) a premium Smallcase.

So my total Smallcase charges came to Rs.100x3 plus GST. All of this took place within a trading day during business hours. I requested the support to give me some relief but they kept on copy-pasting their blog post paras.

This kind of pricing (where I was charged thrice for simply investing more in a Smallcase within a day) is a big deterrent. It’s extremely unfair even if it’s as per T&C. The Smallcase team should look into it.

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