As per SEBI directive, the charge structure will be based on value of holdings in the accounts as indicated below:
- No AMC shall be levied, if the value of holding is up to Rs. 50,000.
- For the value of holding from Rs 50,001 to Rs 200,000, AMC not exceeding Rs 100 may be charged.
- If the value of holding in such BSDA exceeds Rs. 200,000 at any date, the DPs may levy charges as applicable to regular accounts (non-BSDA) from that date onwards.