Demat AMC charges: What you need to know before investing

Annual Maintenance Charges (AMC) are fees levied by brokers to maintain your Demat account. While opening an account is often free, AMC ensures secure storage and smooth operations. Charges vary based on broker, account type, and portfolio size. BSDA accounts may offer reduced or zero AMC. Even inactive accounts may incur AMC, so stay aware to avoid unnecessary costs.