Demat Account

Equities have had a fantastic run up in the past year and if you wish to participate in the rally you need to mandatorily be maintaining a demat account for trading as well as maintaining your holdings in dematerialised or electronic form

Best Demat Account in India to Start Your Investments in 2023

Equities have had a fantastic run up in the past year and if you wish to participate in the rally you need to mandatorily be maintaining a demat account for trading as well as maintaining your holdings in dematerialised or electronic form. In fact,
Not only equity but also bonds and other ETF investments can be made and tracked via the demat account. In fact,
to extend convenience to users, brokers have come up with 3-in-1 accounts that integrate savings, demat and trading account. Also, investors can plunge into the highly sought after investment instruments- public issues or IPO via the platform for lucrative returns.

Advantages of a Demat account:

1. Demat account ensures the safety of your securities as in physical form they are at risk of loss, theft, etc.,

2. Loans can be availed against securities held in your Demat.

3. Eliminates unnecessary cost: In the case of physical bonds etc., there is charged stamp duty, handling charges, etc. which can be avoided by maintaining a Demat account.

4. Apart from easy trading, there is easy tracking, and the shares upon purchase are easily reflected in your Demat account in 2 days' time.

5. If you are intending to open a Demat account below is a list of the best Demat accounts in India on the basis of the following parameters:

The highest market share that these brokerages command as of now reveals better service and hence customers' trust and confidence.
Better plans and transparent pricing.