Thereare no such limits. You can hold any value of securities or shares in your demataccount. With regards to Basic Service Demat Account (BSDA), the upper limit is2 lacs. Although as a retail investor, you should not be worried about limitsas such.
Maintenance fees islevied on an annualbasis.
Every year, youmust pay a charge for demat account which is termed as Annual MaintenanceCharges (AMC. Annual maintenance demat charges are waived offin the caseof BSDA if the amount is less than Rs. 50,000. Those with holdings worth Rs50,001-2 lakh would have to pay somewhere between Rs 100 and Rs 750, dependingon how many transactions they make. Some DPs may levy quarterly fees, whileothers may levy a lifetime cost of Rs 2000 or more. The yearly charge mayincrease to Rs 2,000-2,500 if the transaction value exceeds Rs 2 lakh.
Charges for transactions
Some DPs charge aset amountfor the month or a fee depending upon the number oftransactions you make. Though these fees vary, certain discount brokerages(DPs) charge around Rs 1.5 for each share you trade.
Indira securitiesprovides thebest demat accountfacilities across Central India. It facilitates the users with best trading experience. Whether you want to invest in Stocks, Mutual Funds, Commodities or Bullion market, Indira securities is one-stop brokerage firm for all trading and investment needs.
