Articles - Stocks
Aims and Objectives of Demat Account
Over the last two decades, India's capital markets have changed dramatically. Over time, the scope and size of the operations have expanded to unprecedented levels.
With the onset of mandatory Demat accounts, trading and investing directly in the stock market has become so much more effortless. Click here to read the advantages and disadvantages of holding a Demat account and how to make the most beneficial use of it.
A Demat or Dematerialised account is an account used to provide an electronic facility for holding shares and securities. Such an account has all investment, including government securities, shares, ETFs, mutual funds and bonds, in electronic form for ease of use.
Gone are the days when people use to only rely on their savings for future security. In today's world, savings may not be adequate to ensure financial safety. Idle money kept in your savings bank account or locker may also not serve the purpose.