The concept of Basic Services Demat Account (BSDA) was introduced by SEBI in 2012. The idea was to reduce the burden of demat charges on investors with a small portfolios below a threshold of Rs2 lakhs. Demat accounts entail a plethora of charges.
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.
As the trading world has shifted to the online space, it has become more and more accessible to the average investor accompanied by several useful tools and platforms.
Listed shares can be expensive, which makes it difficult for investors to increase their holdings. On the other hand, bonus shares provide an alternative by boosting a person's ownership position in the business without adding to expenses.
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.
In some respects, a Demat account is like a bank account. You have equity shares and other securities in your Demat account just as you keep your cash balances in your bank account. Shares were historically held in physical (share certificates) form (before 1997)
Earlier, buying and selling of shares were done by being physically present at the exchanges. Today, with the advent of digitalisation, shares no longer need to be tangible assets. They are dematerialized, making it much easier for everyone to buy and sell them.
The Conversion of Demat account to basic service Demat account can reduce the overall cost of the investment. Read on to learn how to convert a Demat Account to BSDA.
Paper-strewn floors and traders frantically monitoring the trading screens at a stock exchange is probably the first image that comes to our mind when we think about the word ‘market’. But with the advent of electronic trading, traders are no more burdened with physical, paper stock certificates to trade.
We’ve all heard of Demat Accounts. But, what are they and how can you use them? If you are not very finance-savvy, this article will definitely help.
To buy equity shares or derivatives like futures and options in the stock market, you will need to first deposit funds into your trading and Demat account.
A Hindu Undivided Family is a group of family members that consists of a common ancestor and his male descendants along with their wives and unmarried children.
If an investor is holding physical share certificates, then as per the SEBI Regulations these shares have to be dematerialized before they can be sold. Since more than 99% of the shareholdings are in demat mode, it makes sense to convert your physical certificates, if any, into electronic credits in demat account.
Read on to know what you need to do to prevent yourself from a financial loss in case you have lost or misplaced your physical share certificate
For years, trading has been viewed as an exclusive domain in which only seasoned experts or insiders can succeed. However, with the advent of online trading, there is no more a need to manage the hassles of physical certificates and endless paperwork.
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