A Demat account holds your shares and securities in electronic format. You need to select a depository participant (DP), which can be banks, financial institutions, brokers, or any entity authorised by SEBI to open your Demat account.
The capital market in India has been growing rapidly. The latest statistics also show that Individual investors make up around 45% to 39% of the total volumes of the Indian equity markets. The rapid increase of digital technologies has transformed the entire trading system of the country. New people are joining the league and people from different places can invest in a large number of products owing to The Securities and Exchange Board of India which introduced the electronic book-keeping of shares.
The Securities and Exchange Board of India has made it mandatory to have a Demat account for those who want to invest in equities. The move is to safeguard the investors and provide them with ease of investing and transparent, hassle-free transactions.
Making money in stock markets is not a gamble, but a process of systematic and scientific investments. It is important to be aware and equipped with the fundamentals of stock markets.
You are on your favourite trading app (like IIFL), and you’re watching happily as the stock you bought some time ago has risen to reach your target profitable price.
To invest in shares, bonds, mutual funds and other varied financial securities, it is mandatory to open a Demat account. It is also important to note that any profits booked by you by selling shares in your Demat account are liable to tax. That is why you need to be aware of tax implications on your Demat account according to the provisions of the Income Tax Act 1961.
1991 witnessed the liberalisation of the Indian economy. Post this, SEBI was established by the Indian Government as the regulator for securities markets in the year 1992. Soon after that, SEBI started bringing reforms in the securities sector. Economic reforms started getting passed to accomplish specific goals, such as the growth of capital and personal inflows, modernisation, and the introduction of a free-market economy. The […]
The Indian financial market offers investors numerous opportunities to invest and make hefty profits through different investment instruments. However, investing requires the knowledge and the fulfilment of numerous other processes before you can buy your first security.
Equity investing has become a common practice in India as new retail investors are looking to make better profits than other investment avenues and multiply their wealth over time. The Securities and Exchange Board of India, which regulates the Indian securities market, has made tremendous efforts overtime to shift the investing process from physical to digital. Today, it takes a few clicks on the mobile or the laptop to seamlessly buy and sells shares.
Opening a bank account with any banking service that has been verified by the Reserve Bank of India (RBI) is a service available to any Indian citizen. However, for those who have maintained their Indian citizenship but reside out of the country;
Today, stock trading has gained more popularity. According to the Securities and Exchange Board of India (SEBI), the number of new Demat accounts being opened during April 2020 and January 2021 was around a record-breaking 10.7 million. The stock market is one such conventional place where people invest profoundly.
It is a known fact that the Demat account is utilized for holding high dependability in a nation like India. When you purchase security with the help of trading accounts, these elements are held with the demat accounts. Simultaneously, the security is withdrawn from the demat accounts when one decides to sell them off. The Depository Participant or the broker that offers a CDSL demat […]
Currently, Indian retail investors are looking beyond traditional investment assets like gold and real estate. However, since 2016, the stock market has provided greater returns than gold and real estate.
Share market investing in the bygone days involved a lot of paperwork. It was complicated and cumbersome until dematerialisation of shares made buying, selling, and holding shares effortless.
The time to open a demat account would vary depend on whether you opt to open the demat account online digitally or offline.
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