Bank’s Discretionary Account (BDA)
The Bank’s Discretionary Account is TBIL’s discretionary investment management service. The Portfolio Manager acts on behalf of the investor and is authorised to exercise discretion to make the best professional investment decisions. Please note that the service carries no guarantee of return on investment.
Key Features
- Minimum Deposit: BDT 50,000/-
- Margin Loan Facility: As per BSEC
- Documentation Fee: BDT 1,000/-
- Interest Rate: 13.75%
- Management Fee: 2.50%
Product Comparison
| Particulars | IDA | NIDA | BDA |
|---|---|---|---|
| Minimum Deposit | BDT 25,000/- | BDT 10,000/- | BDT 50,000/- |
| Margin Loan Facility | As per rule | N/A | As per BSEC |
| Documentation Fees | BDT 1,000/- | BDT 1,000/- | BDT 1,000/- |
| Interest Rate | 15.25% – 15.75% | N/A | 13.75% |
| Management Fees | 1% – 1.5% | — | 2.50% |
BDA is ideal for investors who prefer to delegate day-to-day investment decisions to TBIL’s experienced portfolio management team.