Sharekhan is 3rd largest brokerage house in the Indian stock market. In this article, we will provide complete info regarding Sharekhan AMC Charges.
Most DP charges an AMC. However, a few tend to forgo the first year’s fees and later charge based on the number of exchanges made in a year. Online speculation entries will, in general, charge a lot of lower AMCs than banks.
Sharekhan Annual Maintainance Charges
Sharekhan Trading facilities help the clients and traders to help trade smoothly.
Before opening an account with a broker, one should do the research and know the other charges that he/she has to pay to the broker. These charges include brokerage charges, transaction charges, account opening charges, etc.
Sharekhan is the best investment portal across India. Sharekhan Products provides a broad range of investment options, stock quotes, research reports, equity, mutual funds, IPOs, and much more to its clients.
Sharekhan offers trade execution facilities for equity cash and derivatives segments on BSE and NSE, commodities trading facilities on MCX and NCDEX.
For those who have an account with Sharekhan or the ones who are planning to open an account with Sharekhan, then it is necessary for the user to gain knowledge about these charges. Here specifically, we are discussing Sharekhan AMC charges.
Sharekhan Demat AMC Charges
Once the customer opens an account with Sharekhan, he has to pay some charges for opening an account and maintaining that Account.
Sharekhan Demat Account Opening Charges are Nil, which means an account with Sharekhan is free, and the AMC charges to be levied on the customer are Rs 400 for maintaining the Demat Account yearly.
Sharekhan Annual Mainantaince charges are quite nominal, according to other stockbrokers in the market.
Whether the client is using the Account or not, AMC charges are to be paid by the client to the stockbroker. It will be deducted from your account once a year.
Sharekhan Trading Account charges
If you open a Sherkhan trading account, then the customer has to pay two types of charges, i.e., Account Opening charges and AMC Charges.
Sharekhan chargesa one-time expense for exchanging accounts, such as an account opening expense of Rs 750 for its classic Account and Rs 1,000 for its Sharekhan Trade Tiger account. These charges are later customizable against the initial six months brokerage.
Whereas, Sharekhan AMC Charges for Trading accounts are zero.
Conclusion
Established in February 2000, after ICICI Direct and HDFC Securities, Sharekhan is India’s 3rd largest stockbroker. Sharekhan AMC charges for Trading Account are Zero, and for Demat Account is Rs 400 per year.
Even the Sharekhan Account opening charges for the Trading Account and Demat Account are different. We hope this article has provided you the necessary information about SHarekhan AMC Charges.
Do you want to open a Demat Account? Have a look at the below form
