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What if I have more than Rs. 8 lakhs in my Demat balance?

April 26, 2017Balance demat lakhs Rs

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What if I have more than Rs. 8 lakhs in my Demat balance?

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For the purpose of calculating transaction fees applicable, your Equity and MF portfolios will be treated as separate entities, and holdings across both will not be combined. Accordingly, even if the total value of holdings across both these exceeds Rs. 8 lakhs, relevant transaction charges will be levied if your MF unit holdings (as per Value at NAV) stands at less than Rs. 8 lakhs, at the time of placing the order.