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| Need for 100% safe demat account(s) |
In India, the concept of holding investments/securities in electronic form (DEMAT account) instead of physical or paper form is prevalent from 1996. Demat accounts are now a days mandatory and are also a very convenient and safe way of holding your investments in scrips/ bonds/units in electronic mode. Even, units of different mutual funds can be held/ traded in Demat form, just like equity shares of different companies. In future, all your financial transactions / holdings in equity shares as well as mutual funds will get reflected in a single statement. This also facilitates instant transfers upon sale / purchase. In short, a Demat account is just like a Bank account. |
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Need for two demat accounts: |
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As an investor, you should have at least one demat account to hold your investments. For financial convenience it will be much easier if one opens two Demat accounts, viz: |
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(i) One for active trading / Investments in equities
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(ii) the other for holding other types of investments like bonds, Mutual Fund units, debentures etc. |
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Maintenance of two accounts with two different purposes will solve most of the operational issues and help in easy management of scrips. INTEGRATED helps you not only to prepare your own financial plan but also have it executed without any hassle. Your securities under a demat account is 100% safe as both Integrated and NSDL send ‘Immediate SMS messages’ of any transfer of securities in the account directly to the investor. |
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Know More about demat services
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