Transfer charge refunds and no AMC for New accounts for the first year

Zerodha Feature Announcements
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We announced updates today to make it easier to consolidate your investments with Zerodha, including free AMC for the first year.

Quoting @nithin 's tweet:

The average investor typically has 2-3 demat accounts with holdings spread across them. The problem with this is that it makes tracking one’s investments and filing taxes a nightmare.

To make it easy for people to move their holdings to their Zerodha account, we’ll now refund all depository charges (DP charges) that you incur to move your holdings to Zerodha. With this charge gone, pretty much everything at Zerodha is free, including investing in stocks, ETFs, direct mutual funds, and bonds.

Even the AMC is more or less free because of BSDA limits, and on top of that we’re making the first-year AMC free. So you only pay if you do intraday or F&O trades.

Even the AMC is more or less free because of BSDA limits, and on top of that we’re making the first-year AMC free. So you only pay if you do intraday or F&O trades.

By the way, this is the monthly net delivery of stocks (transfer in − transfer out) at Zerodha. I’ll share an updated chart in 6 months to see if us taking DP transfer charges on our head makes any difference :smiley:

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You can read more here:

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Only for new account or also for existing account

1 Like
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Existing also only if you move holdings from elsewhere.

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Before Zerodha Secondary demat option , I have to move my long term holding to another broker , So If I can transfer back that to Zerodha secondary demat using this option it will be helpful …