Annual Maintenance Charges or AMC is charged in order to maintain your Demat account. The amount of AMC that you have to pay depends on the stock broker you are with. It ranges from Rs150, most charge Rs 300 and some even charge as much as RS 800/900 going upwards from the second year, depending upon the type of demat account you choose- individual or joint accounts, NRI demat accounts, demat and trading accounts or 3-in-1 accounts. There are brokers who allow lifetime free AMC to the customers without any terms and conditions.
Intraday trading is a risky type of investment where both equity and commodities bear risk factor. Equity markets are only open for a few hours at a time, so there””s no reason to look at the computer all day, but commodity markets are open from 9 a.m. to 11:55 p.m. Both are asset groups that investors trade around the world to make money or get a better return on their investments. However, the distinction is in the manner in which they are purchased or sold, owing to the inherent properties that distinguish them.
About Demat account