Everything You Should Know About Demat Account Charges3 min read 26 May 2023, 11:53 AM IST
Before you open your Demat account, you must understand all about AMC as it is a cost that you bear
A couple of clicks on your smartphone or computer system is all it takes to purchase and sell stocks and securities belonging to different asset classes. Today, more than ever, it is convenient to make investments in the stock market, thanks to your Demat account. A Demat account is a digital account that safely stores your securities in a digital form. Being an electronic platform, a Demat account frees you from the risks associated with holding securities in a physical form. It also allows you the luxury to trade from your place of comfort and create wealth for yourself. But holding a Demat account comes with a cost commonly known as AMC. Before you open your Demat account, you must understand all about AMC as it is a cost that you bear.