Account Opening Charges
Opening a Kotak Mahindra Demat account typically involves a one-time account opening fee. This fee covers the administrative costs associated with setting up your demat account.
Annual Maintenance Fees
Kotak Mahindra charges an annual maintenance fee to keep your demat account active. This fee is billed once a year and ensures the continuous maintenance of your securities in electronic form.
Transaction Charges
Every buy or sell transaction executed through your Kotak Mahindra Demat account incurs a transaction charge. These charges vary based on the volume and type of securities traded.
Brokerage Fees
In addition to transaction charges, brokerage fees may apply for the services provided by Kotak Mahindra in facilitating your trades. These fees are typically a percentage of the transaction value.
Other Fees and Charges
Additional fees such as pledge and unpledge charges, corporate action processing fees, and statement charges may also apply. It's important to review Kotak Mahindra's fee schedule to understand all potential costs.
Risks Involved
Trading on financial markets involves risks, including the potential loss of capital. It is important to assess your risk tolerance and invest accordingly.
