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1. venkateswaran   I Like It. |Report Abuse|  Link|August 3, 2016 11:50:32 AMReply
They increased AMC by 180 INR per year now, the new AMC is 780 INR. They have told the AMC is 600 per year when I opened the account 2 months ago. I am okay with the brokerage they charge for equity delivery because they provide good service, but this AMC is too much to ask. Planning to close the account once I find a better broker.

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1.1. srinivas   I Like It. |Report Abuse|  Link|August 3, 2016 3:18:03 PM
better take sharekhan. They will offer you a brokerage of 0.02 and 0.2 for intraday and delivery. They i.e if you purchase a share 5 times in a day in kotak we need to pay the minimum transaction charge 21*5=105).

where as in sharekhan we get the brokerage based on the sum of script purchases and its brokerage greaterthan or lessthan minimum charge