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Master Trust Demat Account Charges, Review, Opening


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Master Trust is a financial services provider based in Mumbai, India. The broker allows trading across Equity, Derivatives, Currency and Commodity segments at BSE, NSE, MCX and NCDEX in India.

Master Trust has started operations in 1985. Master Trust offers both flat-rate and percentage-based brokerage plans. Customers can choose from flat ₹20 and the standard brokerage plan (0.30% brokerage) with Master Trust. The broker also offers My Plan for active investors and traders wherein it offers a 25% discount on the existing plans with other brokers. Master Trust charges ₹1000 per annum for Standard and My plan.

Master Trust offers web trading terminal, Exe based trading terminal and Mastermobile trading platforms for the customers. You can open both online and offline account with Master Trust.

Master Trust Demat Account Opening Charges

To open a Demat account with Master Trust, the clients have to pay Demat account opening and AMC charges. Here is the table mentioning Demat account opening and AMC charges across all the three subscription plans-

Demat account opening and AMC charges

Service

Charges

Demat Account Opening Fee

Free Demat account opening for Standard and My Plan subscribers

Demat Account Annual Maintenance Charges (AMC)

20:20 Plan- ₹300; Standard & My Plan- Free

Benefits of the Demat Account with Master Trust:

  • Free Demat account opening with Standard and My Plan subscription
  • Keep the securities in dematerialised form
  • Invest in IPOs & Mutual Funds
  • Easy transfer of securities
  • Auto credit/ debit of shares
  • Online access to demat account

Master Trust Demat Account Opening Charges

To open a new demat account with Master Trust, the customer may have to pay demat account opening charges. The broker may also charge Annual Maintenance Charges (AMC), a yearly fee to maintain the demat account.

ServiceCharges
Demat Account Opening FeeNil
Demat Account Annual Charges (AMC)₹400

Master Trust Demat Account Charges

MyValueTrade Depository Service Charges for Resident Retail Customers

SrServicesCharges
1 Account Opening Charges Nil
2 Annual Maintenance Charges (AMC) NIL (First year only) / ₹400
3 Dematerialization Charges ₹20 per DRF plus ₹3 per certificate
4 Rematerialisation Charges ₹25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual
5 Custody Charges Nil
6 Transaction Charges (per Debit Transaction) ₹15 within DP / ₹25 Outside DP
7 Pledge Charges (per Transaction) Creation Invocation / Closure 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual
8 Speed-e & Ideas Subscribers(Password User) ₹100
9 Additional Instruction Booklet ₹50Containing 5 Leaves
10 Failed Instruction Intimation ₹50 per intimation instruction
11 Additional Statement of Holding/Transaction ₹50 + ₹30 courier
12 Non periodic statement ₹20

Frequently Asked Questions

  1. 1. How to add a nominee to Mastertrust Demat Account?

    Master Trust allows adding a Nominee only in case of offline account opening. The applicant has to attach the Nomination Form while filing the Demat account opening form. The forms along with the documents are sent to the registered office of Master Trust in Uttar Pradesh.

    The nominee you have added for Master Trust Demat account will be applicable for Trading, Commodity and Mutual fund account as well.

    Discuss this question

  2. 2. Where should the applicant send application forms?

    Applicants should send application forms to the following address of Master Trust along with the required documents for account opening via a post or courier:

    Master Capital Services Ltd

    C-56, Sector -63, Noida

    Opposite Fortis Hospital

    Discuss this question

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Information on this page was last updated on Tuesday, October 22, 2019


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