What is BSDA? What are the benefits of BSDA scheme?

BSDA is a special category of demat account that can be opened by only individual investors. The value of securities held in the demat account shall not exceed Rs 2 lakhs at any point of time. BSDA account holders get the following benefits in terms of annual maintenance charges:

• No AMC charges if the total market value of the investment is less than Rs 50,000.

• Rs 100 if the value is above Rs 50,000 and below Rs 2,00,000

Note: if the investment value exceeds Rs 2,00,000 at any point of time, regular charges as per the non-BSDA accounts will be applicable as per the normal tariff sheet.

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