Ok. Does this work this way – Zerodha pays X amount to CDSL for having its customer demat account with them then Zerodha charges a fixed to its customers to cover this and related costs?
Also, tell me what is the reasoning behind some DPs charging ZERO AMC while others like banks charge one of the highest AMC in the industry?
I have shared the link above.
I have no problem paying the AMC. I know what Zerodha offers and what value it holds.
I used to think of it as a maintenance charge now since the topic arose I’m curious to know how it works etc. And as an informed customer, naming matters for me. I’m ready to pay a subscription but call it a subscription only.
Can you waive off AMC charges for FNO traders ? if they have already paid certain amount of brokerage (i.e. 10,000+ INR per FY ) to Zerodha.
(Just a suggestion. 300 + GST is nominal fee.)
Thank you for your response. If I could pay 199 rupees per month to Netflix, I suppose 300 +gst per year would not be a problem to maintain and invest. Best.