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As I understand from Zerodha's website, AMC of Rs. 300 is applicable. I am checking ledger details for the last financial year and I see that AMC charges have been deducted twice as follows:
1) 23/05/2016 JV Being AMC charges for IL&FS Demat account 433.15
2) 29/06/2016 JV Being DP AMC...