What Is Demat Account - Alice Blue
13/08/2021 Financial & Legal Services
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Description
Demat Account holds the shares, bonds, mutual fund units, Exchange Traded Funds (ETFs), etc. in a digital format. It replaces the physical certificates with their digital equivalent for easy storage and transfer. Imagine what it would be like to manage dozens of paper certificates of all the shares and mutual funds you hold. Before beginning the process of investing it is important for an investor to understand what is Demat account and how it functions, so they will be able to use it efficiently for generating profits. An investor can open a Demat account without possessing any shares and can maintain a zero balance in their account.
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peterr paul
Individual
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