💨 Abstract

A demat account is an essential tool for modern investing, allowing the electronic storage of securities such as shares, ETFs, bonds, and mutual funds. It offers benefits like safe and secure storage, easy access to ETFs, faster transactions, easy portfolio management, reduced paperwork, corporate benefits, easy nomination and transmission, help in IPO applications, reduced cost of transactions, and real-time alerts.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖