What are the charges for a minor's Demat account at FYERS?

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 TypeAmount
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...

ScenarioOutcome
Only holdings are maintained, no sales madeNo DP charges apply
Stocks and mutual funds are sold on the same dayCharges apply separately for each ISIN sold
The same stock is sold across different daysDP charges apply for each day the ISIN is sold

Last updated: 05 Aug 2025