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India's market regulator, SEBI, has proposed changes to Basic Services Demat Account (BSDA) rules. The move aims to simplify annual maintenance charge (AMC) calculations by excluding delisted securities and Zero Coupon Zero Principal (ZCZP) bonds from portfolio value assessments. This initiative seeks to ensure fair valuation and potentially lower costs for small retail investors, while also clarifying treatment for illiquid securities. Public feedback is sought until December 15.