What is an account for demat? All the Basics for Beginners
If you are just dipping your feet in the world of trading, there is a lot you need to learn. You may have heard of Demat account. However, what is this and what makes it so important in the current world? Statistics show that in the year 2024, it was observed that over 46 million fresh Demat accounts were created which is over four times the number of accounts in the year 2019.
A demat portfolio, which stands for "dematerialized account," is an electronic account that keeps your equities, bonds, mutual funds, ETFs, and government assets in digital form. You may think of it as a digital vault or bank account for your money. When you buy shares, they go into your account, and when you sell them, they come out.
What is Demat account?
Demat accounts, which were introduced by SEBI in 1996,...








