All About Demat Account
All About Demat Account https://www.fundstiger.com/demat-account/ What is a Demat account? Demat is an electronic account which is used to keep eligible scrips in the dematerialised form. In the past, shares, bonds and mutual funds were only traded in physical form. Understandably, dealing with them was time-consuming, and even risky, as revealed by several cases of fraud. The process of dematerialisation of shares was initiated in 1996 wherein physical shares were converted into electronic form by Securities and Exchange Board of India or SEBI. . Demat Account or dematerialised account provides facility of holding shares and securities in electronic format. During online trading, shares are bought and held in a Demat account, thus facilitating easy trade for the users. A Demat Account holds all the investments an individual makes in shares, government securities, exchange-traded funds, bonds and mutual funds in one place. What is Dematerialisation? Dematerialisation is the...