What are the charges for a minor's Demat account at FYERS?
FYERS offers zero-cost setup and maintenance for minor Demat accounts, making it simple for guardians to start long-term investments on behalf of children. However, standard DP (Depository Participant) charges apply when securities are sold from the account.
Fee structure for minor Demat accounts
| Fee Type | Amount |
|---|
| Account Opening | ₹0 |
| Annual Maintenance Charges (AMC) | ₹0 |
| DP Charges (for sell transactions) | ₹12.5 + 18% GST per ISIN per day |
- ISIN refers to the unique code assigned to each stock or mutual fund.
- DP charges are applied only when shares or units are sold, and per ISIN per day, not per quantity or trade.
Holding investments without incurring charges
No fees are charged for simply holding equity or mutual fund investments in a minor’s Demat account. Charges are triggered only when sell transactions are executed.
DP charges apply per ISIN sold per day. If you sell three different stocks on the same day, charges will apply for each ISIN separately.
What If...
| Scenario | Outcome |
|---|
| Only holdings are maintained, no sales made | No DP charges apply |
| Stocks and mutual funds are sold on the same day | Charges apply separately for each ISIN sold |
| The same stock is sold across different days | DP charges apply for each day the ISIN is sold |
Last updated: 05 Aug 2025
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