The Annual/Monthly Maintenance Charge or the AMC/MMC is the annual fee you pay to maintain your Demat account. It is a fixed fee that you pay every year/month regardless of whether you have a Trading account or not.
So even if you have closed your Trading account, you will have to pay the AMC because you have an active Demat account.
If you're looking to get a holistic picture of the costs associated with your Demat and trading accounts, you can visit our pricing page.
what are the maintenance charges applicable on my upstox account