Disclosure

LMSPL besides doing client based business also does its own investment and/or trading.

Risk Disclosures on Derivatives

9 out of 10 individuals in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.