Yes, Angel One charges a small annual maintenance fee (AMC) for demat accounts only if you don’t trade through them. If you trade or invest, the AMC is waived off.

What Is Annual Maintenance Charge (AMC) for Demat?

AMC is an annual fee charged by depository participants to maintain your demat account. This fee covers record-keeping, account updates, and other demat services.

How Much Does Angel One Charge as AMC?

Angel One charges a nominal AMC of ₹300 per year for a demat account if you do not trade or invest in a year. This fee is waived if there's at least one trade or mutual fund purchase in that year.

When Is AMC Charged?

AMC is charged annually at the end of the financial year (March). If you didn’t trade at all during April to March, the ₹300 AMC is applied in April the next year.

How Can You Avoid Paying AMC?

To avoid AMC, simply trade at least once in a financial year—either buy/sell stocks or invest in mutual funds. This activity automatically waives off the ₹300 AMC charge.

What If I Don’t Trade or Invest?

If you remain inactive throughout the year, Angel One will charge the ₹300 AMC. This charge appears in April after the financial year ends.

It’s a good idea to make at least one small trade or investment every year to keep your account active and avoid charges. Even a small mutual fund SIP or buying a single stock is enough. This not only saves you money but also helps you stay involved with the market. Angel One also sends reminders, so you don’t miss this simple step. Keeping your account active has many benefits like better service, regular updates, and no extra cost.