Discretionary account kya hai?

Discretionary account kya hai?

discretionary account aik qisam ka investment account hai jis mein aik majaz brokr client ki razamandi ke baghair sikyortiz khareed aur beech sakta hai. client ko brokr ke sath aik discretionary disclosure par dastakhat karne hotay hain taakay client ki razamandi ki dastaweez bandi ki ja sakay .
discretionary account ko baaz auqaat managed account bhi kaha jata hai. bohat se brokrij haosz is service ke liye kam az kam client ki zaroriat ( jaisay $ 250, 000 ) ki zaroorat hoti hai, aur aam tor par asason ke intizam ( aum ) ki salana 1 feesad se 2 feesad fees ada karte hain .
discretionary account ke fawaid mein tridz ki taiz raftaar amal daraamad aur maahir khidmaat shaamil hain. discretionary account ke nuqsanaat mein aala fees aur manfi karkardagi ka imkaan shaamil hai .




discretionary account ki kuch misalein darj zail hain :

aik high net worth infiradi sarmaya car jo –apne waqt aur tawanai ko –apne port folyo ko khud munazzam karne mein sirf nahi karna chahta hai .
aik retirement account jisay kisi retirement planning maahir ke zareya munazzam kya jata hai .
aik chhota karobari idaara jis ke paas –apne sarmaya kaari ke port folyo ko khud munazzam karne ke liye waqt ya wasail nahi hain .

discretionary account kholnay par ghhor karte waqt, klaynts ko darj zail awamil par ghhor karna chahiye :
brokr ya advisors ka tajurbah aur ahliat .
fees ki saakht .
account ke liye kam az kam balance ki zaroriat .
brokr ya advisors ki sarmaya kaari ki hikmat e amli .
discretionary account klaynts ke liye aik acha option ho sakta hai jo –apne port folyo ko khud munazzam karne ke liye waqt ya mahaarat nahi rakhtay hain. taham, klaynts ko account kholnay se pehlay fees aur deegar akhrajaat ko ahthyat se samjhna chahiye .




yahan kuch izafi maloomat hain jo aap ke liye mufeed ho sakti hain :

discretionary account vs. non-discretionary account : [ invalid url remove kiya gaya ]
how to choose a discretionary account manager : [ invalid url remove kiya gaya ]
the pros and cons of discretionary accounts : [ invalid url remove kiya gaya ]

**Discretionary Account Kya Hai?**
Discretionary account ek aisa trading account hota hai jahan account holder apne funds ko manage karne ke liye ek professional fund manager ya financial advisor ko authorisation deta hai. Is type ke account mein, fund manager ya advisor ko trading decisions lene ki full authority hoti hai, aur unhe har trade ke liye account holder se permission lene ki zaroorat nahi hoti. Neeche points mein discretionary account ko detail se explain kiya gaya hai.

### **1. Discretionary Account Ki Definition:**
- **Definition:** Discretionary account wo account hota hai jismein account holder ek professional fund manager ko apne funds invest karne ki authority deta hai, jahan fund manager apne discretion ke mutabiq trading decisions le sakta hai.
- **Independence:** Fund manager ko is account mein complete independence hoti hai trading decisions lene ki, without consulting the account holder for every trade.

### **2. Kaam Karne Ka Tareeqa:**
- **Authorization:** Jab ek investor discretionary account kholta hai, to wo ek legal agreement sign karta hai jo fund manager ko yeh authority deta hai ke wo investor ke behalf par trades execute kar sake.
- **Trading Strategies:** Fund manager apni expertise aur market analysis ke mutabiq trading strategies apply karta hai taake investor ke liye maximum returns generate kiye ja sakein.
- **No Day-to-Day Involvement:** Account holder ko day-to-day trading decisions mein involve nahi kiya jata, jo un logon ke liye ideal hota hai jo market ko actively follow nahi kar sakte.

### **3. Fund Manager Ki Responsibilities:**
- **Decision Making:** Fund manager ki responsibility hoti hai ke wo account holder ke financial goals aur risk tolerance ko madde nazar rakhte hue best possible trading decisions le.
- **Portfolio Management:** Fund manager poora portfolio manage karta hai, jo different assets jese stocks, bonds, forex, etc. mein diversify kiya gaya hota hai.
- **Regular Reporting:** Fund manager account holder ko regular basis par account performance ke reports provide karta hai, jismein profits, losses, aur overall portfolio value ka update hota hai.

### **4. Discretionary Account Ke Benefits:**
- **Professional Management:** Investors ko professional fund management ka benefit milta hai, jisse wo market expertise ka faida utha sakte hain.
- **Time-Saving:** Investors ko apne trading decisions ke liye waqt nikalne ki zaroorat nahi hoti, kyunki fund manager unke behalf par trades handle karta hai.
- **Customized Strategy:** Fund manager account holder ke specific financial goals ke mutabiq customized trading strategy develop karta hai.

### **5. Discretionary Account Ki Limitations:**
- **High Fees:** Is type ke account mein professional management fees hoti hai, jo overall returns ko affect kar sakti hai.
- **Lack of Control:** Account holder ko apne funds par direct control nahi hota, jo un logon ke liye challenging ho sakta hai jo apne investments par active control rakhna chahte hain.
- **Risk of Mismanagement:** Agar fund manager ki strategy effective na ho, to yeh account holder ke funds ko loss mein daal sakti hai.

### **6. Kis Type Ke Investors Ke Liye Suitable Hai:**
- **Busy Professionals:** Un investors ke liye suitable hai jo apne busy schedule ki wajah se market analysis ya trading decisions mein active involvement nahi rakh sakte.
- **High Net-Worth Individuals:** Yeh un logon ke liye bhi suitable hai jinke paas invest karne ke liye large capital ho, aur wo professional management ke zariye apni investments ko grow karna chahte hain.
- **Passive Investors:** Discretionary account un investors ke liye bhi useful hai jo apne investments ko passive tarike se grow karna chahte hain without active trading.

### **7. Risk Management in Discretionary Account:**
- **Risk Tolerance:** Fund manager account holder ke risk tolerance ko samajhta hai aur uske mutabiq trading decisions leta hai taake unnecessary risks se bacha ja sake.
- **Diversification:** Fund manager portfolio ko diversify karta hai jisse risk ko minimize kiya ja sake aur returns ko stabilize kiya ja sake.

### **Conclusion:**
Discretionary account ek aisa account hai jahan ek professional fund manager account holder ke behalf par trading decisions leta hai. Yeh account un investors ke liye ideal hai jo apne funds ko professional management ke zariye grow karna chahte hain aur market mein actively involve nahi ho sakte. Iske benefits mein professional management, time-saving, aur customized strategies shamil hain, lekin high fees aur lack of control iske kuch limitations bhi hain. Overall, discretionary account ek useful tool hai for those looking for professional investment management.

**Discretionary Account Kya Hai?**
1. **Taaruf**:
- **Definition**: Discretionary account ek investment account hai jisme portfolio management aur trading decisions ki authority ek financial advisor ya portfolio manager ko di jati hai. Yani, account holder apne investments ke decisions ko apne advisor ke hawale karta hai.
- **Purpose**: Yeh account un logon ke liye suitable hota hai jo apne investments ki day-to-day management mein active participation nahi karna chahte aur professional guidance lena chahte hain.

2. **Features**:
- **Advisor’s Authority**: Discretionary account mein advisor ya portfolio manager ko trades aur investment decisions lene ka full authority hota hai. Yeh decisions account holder ki risk tolerance aur investment goals ke mutabiq liye jate hain.
- **Investment Strategy**: Advisor apni expertise aur market analysis ke basis par investment strategy formulate karta hai aur usse execute karta hai. Account holder ko regular updates milte hain, lekin trades aur investment decisions advisor ke discretion par hoti hain.

3. **Advantages**:
- **Expert Management**: Professional portfolio managers aur financial advisors ki expertise ka fayda milta hai jo market trends aur investment opportunities ko identify kar sakte hain.
- **Time-Saving**: Discretionary account se investors ko time-saving hoti hai, kyunki unhe apne investments ke daily management ki chinta nahi karni padti.
- **Customized Strategy**: Portfolio manager investor ki specific financial goals aur risk tolerance ke mutabiq customized investment strategy develop karta hai.

4. **Disadvantages**:
- **Cost**: Discretionary accounts mein portfolio management fees aur advisory fees lagti hain, jo generally higher hoti hain as compared to non-discretionary accounts.
- **Less Control**: Investors ke pass direct control nahi hota apne investment decisions par. Yeh decision-making power advisor ke pass hoti hai, jo kuch investors ke liye problematic ho sakta hai.

5. **Types of Discretionary Accounts**:
- **Full Discretionary Account**: Ismein portfolio manager ke pass full discretion hoti hai trading aur investment decisions lene ki, bina investor ke prior approval ke.
- **Limited Discretionary Account**: Ismein advisor ko kuch specific investment decisions lene ki authority di jati hai, lekin major decisions ke liye investor ke approval ki zaroorat hoti hai.

6. **Considerations**:
- **Choosing an Advisor**: Discretionary account kholne se pehle, advisor ya portfolio manager ki qualifications aur track record ko evaluate karna zaroori hai.
- **Regular Reviews**: Investor ko apne portfolio ki regular reviews aur performance updates ko monitor karna chahiye, taake ensure ho sake ke investments unki goals ke mutabiq hain.

Discretionary account un investors ke liye beneficial hota hai jo professional management aur expertise ka faida uthana chahte hain, lekin isse higher fees aur reduced control ka bhi dhyan rakhna zaroori hai.

**Discretionary Account Kya Hai?**
Discretionary account ek aisa trading account hota hai jahan par investor apne investments aur trades ka decision kisi professional portfolio manager ya financial advisor ko de deta hai. Is type ke account mein, account holder manager ko trading aur investment decisions lene ki poori authority deta hai, bina har decision se pehle unse poochhe.

### Discretionary Account Kaam Kaise Karta Hai?

Discretionary account ka kaam karne ka tareeqa yeh hota hai ke investor apne investment goals aur risk tolerance specify kar deta hai, aur baqi ka kaam portfolio manager ke upar chhod deta hai. Portfolio manager investor ke interests ko dhyan mein rakhte hue market conditions, economic trends, aur company ke performance ke basis par trades execute karta hai. Is process mein, manager ko har choti badi trade se pehle investor se permission lene ki zarurat nahi hoti.

### Discretionary Account Ke Fayde

1. **Expert Management:** Discretionary account ka sabse bada fayda yeh hai ke aapko experienced professionals ke expertise ka faida milta hai. Ye professionals market trends aur trading strategies ke expert hote hain aur aapke liye sahi decisions le sakte hain.

2. **Time Saving:** Agar aap busy hain ya market ki updates aur trading strategies ke saath updated rehna mushkil hai, toh discretionary account aapke liye time-saving solution hai. Aapko trading decisions ki chinta nahi karni padti.

3. **Customization:** Portfolio managers aapki individual financial goals aur risk tolerance ko samajh kar portfolio ko customize karte hain. Isse aapko ek tailored investment strategy milti hai jo aapki specific needs ke liye optimized hoti hai.

### Discretionary Account Ke Nuksan

1. **Lack of Control:** Discretionary account ka sabse bada nuksan yeh hai ke investor ko daily trading decisions par control nahi hota. Agar aapko apne investments par control rakhna pasand hai, toh yeh account aapke liye suitable nahi hoga.

2. **Fees and Charges:** Portfolio management services ke liye aapko additional fees aur charges pay karne padte hain. Yeh fees fixed ho sakti hain ya aapke investment amount ke basis par bhi vary kar sakti hain.

3. **Trust Factor:** Discretionary account mein, aap apni investments ko kisi aur ke upar chhod dete hain, isliye aapko portfolio manager par poora bharosa karna padta hai. Agar portfolio manager ka performance acha nahi hota, toh aapki investments ko nuksan ho sakta hai.

### Kya Discretionary Account Har Investor Ke Liye Suitable Hai?

Discretionary account un investors ke liye zyada suitable hai jo trading aur investment decisions lene mein interested nahi hain ya jo market research aur analysis karne ke liye time nahi nikal sakte. Yeh account un logon ke liye bhi faydemand hai jo professional advice aur guidance lena chahte hain aur jo apni investments ko expert hands mein rakhna chahte hain.

Lekin, agar aapko apne investments par poora control rakhna hai aur aap trading strategies aur market trends ko closely monitor kar sakte hain, toh discretionary account aapke liye suitable nahi ho sakta. Is case mein, self-directed trading accounts zyada appropriate honge.

Discretionary accounts investment decisions ko streamline karne ka ek effective tareeqa hain, lekin iske saath associated risks aur fees ko samajhna zaroori hai. Agar aap kisi portfolio manager ko apni investments handle karne ke liye choose karte hain, toh ensure karen ke aapke goals aur expectations unke expertise ke sath align karte hain.