💨 Abstract

A demat account is an electronic repository for securities, replacing physical share certificates and streamlining trading. It offers benefits such as enhanced security, convenience, cost-effectiveness, and streamlined portfolio management. Opening a demat account is simple and can be done through various financial institutions. It is an essential tool for investors, providing easy access to and management of their investment portfolios in the stock market.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖