What is the cost structure for BSDA Account?
As per SEBI directive, the charge structure will be based on value of holdings in the accounts as indicated below:
1.No AMC shall be levied, if the value of holding is up to Rs. 50,000.
2.For the value of holding from Rs 50,001 to Rs 200,000, AMC not exceeding Rs 100 may be charged.
3.If the value of holding in such BSDA exceeds Rs. 200,000 at any date, the DPs may levy charges as applicable to regular accounts (non-BSDA) from that date onwards.
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Who will determine the value of investment in BSDA?
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Who can open a Basic Service Demat Account?
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Can client link multiple demat account with his trading account?
Yes. Client can link multiple demat account with Trading account.