Demat Account

Demat account holders: Key points to note while filing income tax returns

Filing income tax returns as a Demat account holder requires careful reporting of gains, dividends, and losses to stay compliant and avoid penalties.

Women turning savvy investors as most states see faster demat account additions than men

Karnataka had the third highest share of women demat account holders at 5.8 percent, but Rajasthan was close on its heels with 5.5 percent share, with Madhya Pradesh not too far behind, placed sixth, with 5.3 percent.

Pace of new demat account openings takes a breather to hit seven-month low

Rajesh Palviya of Axis Securities attributed the slowdown to the market correction in Oct and Nov, which dampened enthusiasm for equities

How to invest in stocks via SIP using your demat account

If you're looking for an easy and smart way to start investing in the stock market without needing a ton of money upfront, stock SIPs (Systematic Investment Plans) are a great option. Rather than trying to time the market or making big lump-sum investments, SIPs let you invest a small, fixed amount regularly. The best part? You can set it up through your Demat account, making the process super convenient and automatic!

Demat account openings continue to rise despite market volatility; 4.36 mn added in September

This marks the fourth consecutive month where new demat account openings exceeded the four million-mark

How to convert mutual fund units from physical to demat: A complete guide

Now you can convert your mutual fund units to online form through a demat account. If you have invested with NSDL, you can convert them using an online or offline option, while CDSL still requires an offline process.

Amidst volatility, new demat accounts continue a strong surge

The quantum of new demat account openings surged to a six-month high in July as data from the two depositories – CDSL and NSDL – shows that over 44.41 lakh demat accounts were opened in July, which was the highest since January 2024 when 46.8 lakh demat accounts were opened.

Sebi more than doubles value of securities that basic-services demat account can hold

The regulator has said that the move is prompted by the need to drive financial inclusion

Sebi to not freeze MF portfolios, demat accounts over non-submission of nominee

The decision has been taken based on representations from the market participants, citing need for ease of compliance and investor convenience.

SBI instructs staff and dependents to not run demat, trading accounts with other depositories

SBI has asked employees to submit their and their family member's demat account statement on quarterly basis for verification.

Paytm crisis: Users struggle to switch primary accounts linked to PPBL on Paytm Money

Paytm Payment Bank account holders claimed to have been facing issues to change their bank accounts on brokerage platforms, who are said to be aggressively educating customers about the latest update to facilitate smooth transition

Investors brave volatility, flood the Street with demat additions crossing 46.84 lakh in Jan

According to data from the Central Depository Service and National Securities Depository, the number of demat accounts opened in January totalled over 46.84 lakh, compared to 40.94 lakh a month ago

Sebi proposes to make nominations in financial assets simpler

The regulator has suggested making nomination facilities for demat accounts and mutual fund investments better, facilitating easier transmission of financial assets after an investor’s demise

SEBI extends Dec 31 deadline for mutual fund and demat account nomination

Now, investors have time until June 30, 2024 to complete their nomination. That is, they must either select a nominee or opt out of nomination for their mutual fund folios and demat accounts by the due date.

Ultimate Handbook to Choosing a Trading Account

A Demat account shouldn’t be confused with a Trading account, and they both bring their own set of benefits

Bull run in markets drives demat account additions to a 13-month high

Some analysts have advised new investors to exercise caution and carefully assess investment choices, particularly with regard to potentially overvalued small-cap stocks.

Updating nomination in jointly-held investments can be a pain; here’s what you need to do

The process can be done online by the primary holder of a jointly-held bank account. But for demat accounts and mutual fund folios, this requires the consent of all the joint holders and must be done via offline mode or physical submission of forms.

Demat account additions exceed 2 million in May on the back of rally in equity market

The number of demat accounts surpassed 118.16 million, reflecting a 1.8 percent increase from the previous month, and a substantial 25 percent growth over the same period last year

Demat account openings hit lowest since Dec 2020 at 1.6 million as volatility continues

Some analysts blamed the ongoing crisis in the IT sector for the loss of interest in demat accounts. IT, which has historically been a key contributor to new account openings, is in throes of severe uncertainty, leading to large-scale downsizing and pay cuts

Flight of active users from NSE continues on tepid returns, uncertain conditions