Features That Make Demat Account Attractive for Investors
by Arjun Pal StudentEver
since the system of demat accounts is in existence, it has brought in a lot of
convenience to the traders and investors. Since demat accounts store stocks and
equity-related investments in a digital format, an investor today feels more
secured and in control of the investments. This sense of security along with
the increase in financial education has given rise to the number of investors
in India and this number continues to rise. While the demat
account sceptics are limited now, there is still a
population that needs to know more about it. Here are some of its features that
make it attractive for investors:
Easy Asset
Management
The
reason investors feel more control over their investments is because of the
easy access. When you open demat account, you give yourself the power to
monitor, buy, sell or hold your stocks and other investments anytime. The
execution of your decision is just a few clicks or phone taps away. You don’t
have to rely on your broker anymore for the services you need. This shift is a
big reason why everyone should have a demat account and start investing.
Time
Saving
For most
individuals, stock market trading goes along with their main profession.
Understandably, people can’t indulge in a time-consuming process to manage
their stocks. That’s where demat accounts come into the picture. Be it intraday
trading or long-term investments, they make the entire process smooth and fast.
This encourages more people to park their money in the stock market and also
makes demant accounts more attractive.
Odd-Lot
Is Not a Problem Anymore
In
earlier times, the buying or selling of stocks happened in specific lots.
Investors couldn’t hold an odd number of shares because they used to be in
physical certificates. The arrival of demat accounts changed that too. Now,
traders and investors can buy and sell any number of shares – even if it’s as little
as just one share. The flexibility that this brings to the table makes life
quite easy. This feature added many investors with smaller capital to the
market and helped the Indian stock market growth.
Demat
account opening is now the first step you take towards
investing. After a simple KYC process, you can start investing and storing your
stocks in this account. More people are now getting aware of the power of
investments and passive income – opening a demat account ensures that
you are not left behind.
ICICI
Securities Ltd.( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd.
- ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai - 400020, India, Tel No :
022 - 2288 2460, 022 - 2288 2470. The
contents herein above shall not be considered as an invitation or persuasion to
trade or invest. Investments in
securities market are subject to market risks, read all the related documents
carefully before investing. I-Sec and affiliates accept no liabilities for any
loss or damage of any kind arising out of any actions taken in reliance
thereon. The contents are solely for informational and educational purpose.
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Created on Jul 14th 2021 04:44. Viewed 405 times.