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The AMC amount is taken as an advance brokerage and the same shall be refunded in your account on a monthly basis as per the brokerage generated by you. Thus as and when you do any transaction in your account the brokerage shall be debited from your account and the total brokerage generated by you in a month shall be reversed in your account in the next month and the same will continue till the entire advance brokerage is adjusted provided the same is utilized during the validity period. Kindly note that the amount is non refundable if the scheme is discontinued in between.
Login to your account >> 'Hamburger Menu'>> 'Trading Tools' -> 'AMC Schemes'. You will get the below available schemes you may choose the appropriate scheme and activate the same. Alternatively you can connect with your mapped Branch.
Kindly note it generally takes around 3 working days for the AMC scheme to be activated.