When you open a Demat account, your shares are held electronically through one of India’s two main depositories: CDSL or NSDL. The broker or Depository Participant (DP) provides you access…
When you open a Demat account, you may come across three terms: depository, Depository Participant (DP), and Demat account. These terms are related but do not mean the same thing.…
A Demat account statement is an important record of the securities held and transactions carried out in your Demat account. It can show your shares, ETFs, bonds and other eligible…
When you open a Demat account in India, your shares and other eligible securities are held electronically through a depository. India currently has two main depositories: Central Depository Services (India)…
Investors often use the terms CAS statement and Demat account statement interchangeably, but they are not exactly the same. Both can show investment holdings and transactions, yet they serve different…
Many people have insurance policies that were purchased years ago but are later forgotten because of a change of address, an outdated mobile number, the policyholder’s death, or incomplete documentation.…
Silently, silver has built a good reputation as an investment option, as a commodity with consistent industrial demand, as well as a precious metal. Yet owning physical silver brings its…
Investors sometimes need to move their mutual fund units from one demat account to another—for example, when changing brokers, consolidating investments, or moving securities to a different demat account. If…
A Systematic Investment Plan (SIP) allows investors to invest a fixed amount in a mutual fund at regular intervals. But financial circumstances can change, and you may eventually decide to…
Closing a bank account traditionally meant visiting the branch, submitting an account-closure form and handing over unused cheque leaves and debit cards. However, many banks now provide digital or alternative…