What is Demat AMC Charges?

Demat AMC (Annual Maintenance Charges) is a fee charged by the depository participant (DP) for maintaining your demat account. This charge varies depending on the broker and can be:

• Flat annual fee (e.g., ₹300 to ₹1000 per year).
• Zero AMC for certain accounts (such as basic demat accounts or promotional offers).
• Lifetime free demat accounts offered by some brokers.