Finance World

DONT KNOW WHATS RIGHT WHAT WRONG?
ARE YOU SCARED TO PUT YOUR HARD EARNED MONEY INTO THE STOCK MARKET?

HERE IS A CHECKLIST OF FACTORS YOU MUST CONSIDER AS AN INVESTOR AND ASK YOURSELF BEFORE OPENING A DEMAT ACCOUNT!

What is my total cost of operating the demat account

The costs seem to be low and reasonable initially but ma add up to be alrge amount in future.
Go for a depository participant who offers you low account opening and maintenance charges.

Is there a seamless linkage between trading, banking and demat

You want the entire process of executing transactions in your trading account;
debit to your bank account, credit to your demat account, debit to your demat account and credit to your bank account to be seamless.
This goes a long way in helping you plan your liquidity when you buy or sell shares.

Is the DP offering you online demat execution

Signing a DIS(Debit Instruction Slip) every time when you make a sale can be very cumbersome. \
Even maintaining it and keeping it safe is a tedious task.
All these problems can be solved through online demat facility which does away with physical intervention in totality.

Remember, DP does not have custody of shares, it is the Depository…

Remember, your shares are held by one of the Depositories, i.e. CDSL or NSDL
A depository participant just has the duty to facilitate transactions on behalf of the Depositories.
Now a days, a demat account offers the facility to hold a variety of financial instruments.
This enables you to control all your investments with a single login.

At zerodha all stock investments are free a maximum of Rs. 20 is charged per executed order for Options, Futures, Commodities & Currencies.

charges