Small investors who wish to subscribe the proposed Rajiv Gandhi Equity Savings Scheme (RGESS) are likely to have the incentive of setting up cheaper demat accounts. At present, investors have to pay nearly Rs 1,000 annually as account charges for dematerialised (demat) accounts that are mandatory for trading in stocks.
http://www.financialexpress.com/news/nofrills-demat-likely-for-rajiv-gandhi-equity-savings-scheme/931329/
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