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Kotak Securities Vs SBICAP Securities: Which one is better?

Both the brokers are registered with SEBI. Kotak Securities offers investmenet in Equity, F&O, Currency and Commodities, where SBICAP Securities offers investment in Equity, F&O and Currency only. The brokerage of Kotak Securities ranges between Rs. 20 per order while the brokerage of SBICAP Securities ranges between .05 to 0.50%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for Kotak Securities is 11,34,719 where number of active customer for SBICAP Securities is 8,30,820. Kotak Securities is serving more customer compare to SBICAP Securities.

Here we present side-by-side comparison of Kotak Securities vs SBICAP Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Kotak Securities vs SBICAP Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Kotak Securities vs SBICAP Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Kotak Securities vs SBICAP Securities's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Kotak Securities vs SBICAP Securities on Service

  Kotak Securities Compare
Kotak Securities
SBICAP Securities Compare
SBICAP Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 11,34,719 8,30,820
Broker Overview Kotak Securities is one of the leading stock brokers in India. From a comprehensive suite of trading and investing products to free intraday trading, multiple brokerage plans, a new-gen Neo web and app platform, cutting-edge trading tools, and expert... Know more about Kotak Securities Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP Securities
Broker Enquiry Request call back from Kotak Securities Request call back from Zerodha
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Account Opening Charges and AMC

Compare Kotak Securities vs SBICAP Securities on Trading & Demat Account Opening Charges

Comparison of Kotak Securities with SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 99 for account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with SBICAP Securities
Charges Kotak Securities SBICAP Securities
Trading Account Opening Fees Rs 99 Rs 850
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs SBICAP Securities on Plan Options

Plans are the most important feature you look when compare Kotak Securities with SBICAP Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Kotak Securities provide Multiple Plans where SBICAP Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Kotak Securities with SBICAP Securities on Plan Options
Plan Types Kotak Securities SBICAP Securities
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs SBICAP Securities on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Brokerage Charges - Compare Kotak Securities with SBICAP Securities
Brokerage Charges Compare Kotak Securities SBICAP Securities
Plan Name Kotak Securities Trade Free Plan Standard or default brokerage plan
Equity Delivery 0.25% 0.50%
Equity Intraday Free 0.05%
Equity Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.05%
Equity Options Delivery: Flat fee Rs. 20 per order| Intraday: Free Rs 100 Per Lot
Currency Futures Delivery: Flat fee Rs. 20 per order| Intraday: Fre 0.03%
Currency Options Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs 30 Per Lot
Commodity Trading Delivery: Flat fee Rs. 20 per order| Intraday: Fre Rs. 100 per lot
Minimum Brokerage Rs 21 per executed order Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No Info Not Available
Funding 12.49% interest PA Yes - 24% interest PA
Call & Trade Charges 20 calls free and after that Rs 20 per call Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.
Auto Square off Charges 20 calls free and after that Rs 20 per call First Free 30 per month, after Rs 10 per square-off
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for SBICAP Securities
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Share Broker's Transaction Charges

Compare Kotak Securities vs SBICAP Securities on Transaction Charges

Compare Kotak Securities with SBICAP Securities on transaction charges and PCM fee by segment.

Transaction Charges - Compare Kotak Securities with SBICAP Securities
Transaction Charges Compare Kotak Securities SBICAP Securities
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for sbicap-securities
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Account Features

Compare Kotak Securities vs SBICAP Securities on Account Features

Compare Kotak Securities with SBICAP Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Kotak Securities offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Kotak Securities with SBICAP Securities
Account Features Compare Kotak Securities SBICAP Securities
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Trading software terminal: ODIN Diet
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Trading Platform

Compare Kotak Securities vs SBICAP Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and SBICAP Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with SBICAP Securities
Trading Platform Compare Kotak Securities SBICAP Securities
Desktop Trading Platform Neo SBISMART XPRESS - NextTrader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://login1.sbismart.com/nidp/app/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Neo SBISMART
Mobile Trading App Demo Kotak Neo Demo SBISMART Demo
Android Mobile App Yes Yes
Android App Download Andriod Kotak Neo Download Andriod SBISMART Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Kotak Neo Download iOS SBISMART Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for SBICAP Securities
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for SBICAP Securities
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for sbicap-securities

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Broker Ratings by Users

Compare Kotak Securities vs SBICAP Securities on User Rating

  Kotak Securities SBICAP Securities
  82 Customer Reviews    Rate Kotak Securities 78 Customer Reviews    Rate SBICAP Securities
Fees Ratings 2.6 3.3
Trading Brokerage Rating 2.7 3.1
Trading Platform Usability 3.2 2.8
Customer Service Ratings 3.1 2.7
Overall Ratings 2.8 2.7
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 82 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews
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Investment Offerings

Compare Kotak Securities vs SBICAP Securities on Investment Offerings

Compare Kotak Securities with SBICAP Securities on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Kotak Securities offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Kotak Securities provide PMS Service where SBICAP Securities doesn't offer

Investment Offerings - Compare Kotak Securities with SBICAP Securities
Investment Offerings Compare Kotak Securities SBICAP Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes Yes
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Kotak Securities vs SBICAP Securities on Order Types

Order Type - Compare Kotak Securities with SBICAP Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Kotak Securities with SBICAP Securities
Order Type Compare Kotak Securities SBICAP Securities
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Kotak Securities vs SBICAP Securities on Customer Service

Compare Kotak Securities with SBICAP Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Kotak Securities with SBICAP Securities
Customer Service Compare Kotak Securities SBICAP Securities
24/7 Customer Service Kotak Securities vs SBICAP Securities - 24x7 customer support No No
Email Support Kotak Securities vs SBICAP Securities - Email Support Yes Yes
Onine Live Chat Kotak Securities vs SBICAP Securities - Onine Live Chat Yes No
Phone Support Kotak Securities vs SBICAP Securities - Phone Support Yes Yes
Toll Free Number Kotak Securities vs SBICAP Securities - Toll Free Number Yes Yes
Through Branches Kotak Securities vs SBICAP Securities - Through Branches Yes Yes
Customer Care Number Kotak Securities vs SBICAP Securities - Customer Care Number 1800 209 9191 022 6854 5555
Account Opening Process Kotak Securities vs SBICAP Securities - Account Opening Process Online Offline
Customer Support Email Kotak Securities vs SBICAP Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Kotak Securities vs SBICAP Securities - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.sbismart.com/education
Head Office Address Kotak Securities vs SBICAP Securities - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website Kotak Securities vs SBICAP Securities - Company Website https://www.kotaksecurities.com https://www.sbismart.com
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Tips/Research/Reports Published

Compare Kotak Securities vs SBICAP Securities on Research Reports, Tips

Compare Kotak Securities with SBICAP Securities on research reports and tips provided by the broker.

Research Reports - Compare Kotak Securities with SBICAP Securities
  Kotak Securities SBICAP Securities
Research Mutual Funds Kotak Securities vs SBICAP Securities - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs SBICAP Securities - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs SBICAP Securities - Research ETF Yes Yes
Daily Market Report Kotak Securities vs SBICAP Securities - Daily Market Report Yes Yes
Free Tips Kotak Securities vs SBICAP Securities - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs SBICAP Securities - Quarterly Results Yes Yes
News Alerts Kotak Securities vs SBICAP Securities - Yes Yes
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Demat Account

Compare Kotak Securities vs SBICAP Securities on Demat Account

Compare Kotak Securities with SBICAP Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for SBICAP Securities is ₹500 where for Kotak Securities is ₹780 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Kotak Securities is 0.04% (Min ₹27) + CDSL charges where for SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Kotak Securities with SBICAP Securities
  Kotak Securities SBICAP Securities
DP Source CDSL CDSL
DP ID Kotak Securities vs SBICAP Securities - DP ID 49200 19300
Demat Account Annual Maintenance Charges(AMC) ₹780 pa ₹500
Advance Deposit NA 0 for all
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.01% of the transaction value (Min ₹21 and Max ₹300)
Demat ₹3 per certificate + ₹50 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹35 per certificate + CDSL Charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Failed Instruction Charges Nil ₹10
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs SBICAP Securities on Special Offers and Promotion

Compare Kotak Securities with SBICAP Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Kotak Securities vs SBICAP Securities on Special Offers and Promotion
  Kotak Securities SBICAP Securities
Pay In and Pay Out Options Kotak Securities vs SBICAP Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Kotak Securities vs SBICAP Securities - Payout Time Upto 24 Hrs except Bank Holidays. Instant fund transfer with Kotak Mahindra Bank. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Kotak Securities vs SBICAP Securities - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Direct to SBI Bank.
Bank Detail Direct from your Kotak Mahindra bank account. Direct to SBI bank account
Likes
  • Wide range of products from equity to F&O, IPO, debt, mutual funds, SGBs, etc.
  • Minimal account opening charges
  • No brokerage intraday trading
  • Low-cost brokerage trading
  • Multiple platforms to trade on web, app, and desktop
  • StockCase: Experts recommended basket of stocks
  • Tools like equity screeners, TradingView charts, and Payoff analyzer
  • BNST: Buy Now Sell Tomorrow order
  • Bracket order, cover order, GTT, and aftermarket order
  • Intraday trading tips, short-term and long-term calls, derivative calls, equity investment ideas, and quarterly research reports from experts are available.
  • Margin trading facility (MTF) with dealer assisted trading
  • Kotak Traders Academy for beginners

Detail Review...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

Dislikes
  • Its Trade free youth plan is only available for upto 30 years of age and that too is valid for 2 years only.
  • High brokerage in dealer-assisted plan (Delivery: 0.39%, Equity and commodity options: Rs 39 per lot)
  • Delivery trading is not free as charged with 0.25% brokerage.

Detail Review...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

Special Offers/Promo
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-17T05:10:46+00:00