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. Often, as compared to discount brokers,
Read more · 2 min readIntraday 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. Key differences between Commodities and Equity. The primary difference between commodities and equity is that
Read more · 3 min readAbout Demat account Demat account is essential for any kind of activity such as trading in stock market and shares etc as it holds all the records of shares and securities bought by an individual in electronic format. You cannot buy, sell or retain shares without holding a Demat account. The process of opening a demat account is really easy and quick. Is it essential to have a PAN card for Demat account opening? It’s essential to hold a PAN card in order to open a demat account. According to the Security Exchange Board of India (SEBI) circular dated April 27,2007 it is mandatory to hold a PAN
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