National Securities Depository Limited
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Statistics

November 30, 2018

arraw Investor Accounts - 1,79,47,363
arraw DP Service Centres - 30,761
arraw Demat Custody Value - 175.85
(₹ Lakh Crore)(US$ 2,520 billion)
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NSDL reduces Custody Fee by 33%

Since inception, NSDL has been following the policy of reducing its fees with the growth in volumes. At present, NSDL levies a custody fee of Re. 0.50 per ISIN position per month i.e. Rs.6 per annum. The number of ISIN positions in NSDL have been steadily on the rise which clearly signals the investors' enthusiasm towards the demat process. Investors have dematerialized their securities at a very fast pace in the last six months. Keeping in line with NSDL's policy of passing on the benefit of increased volumes to the market, NSDL has decided to reduce the custody fee to Rs.4 per ISIN position per annum (Re.1 per ISIN position per quarter) as against Rs.6 per ISIN position per annum. This reduction will take effect from April 1, 2004. The custody fee will be collected from the Depository Participants (DPs) on a quarterly basis. There is no other change in the fee structure.

The fee structure after the reduction in the custody fee is given below :

Fee Type Charge
Custody fee Rs.4 per ISIN p.a.
Settlement Fee Rs.8 per debit instruction
Pledge Creation Rs.25 per instruction
Pledge Closure Nil
Pledge Invocation Nil
Securities Borrowing Rs.25 per instruction
Rematerialisation Rs.10 per certificate

Mumbai
March 11, 2004