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| Name | Demat Account : எளிய விளக்கம்| simple explanation in Tamil | beginners | Share market |
| Video Uploader | Video From Theneer Idaivelai |
| Upload Date | This Video Uploaded At 24-07-2023 12:30:17 |
| Video Discription | Share Market Full video link : https://youtu.be/Yz8E0Gq_U7M A demat account, short for "dematerialized account," is a type of electronic account that is used to hold and manage financial securities in a digital format. It serves as an alternative to holding physical certificates of stocks, bonds, mutual funds, and other securities. In essence, a demat account acts like a digital repository for your investments. Before the introduction of demat accounts, investors used to hold physical certificates representing their ownership of securities. However, the process of handling physical certificates was cumbersome, involved paperwork, and carried the risk of loss or damage. With the advent of dematerialization, securities are converted into electronic form, making the process of buying, selling, and transferring them much more convenient, secure, and efficient. Demat accounts are managed by depository participants (DPs), which can be banks, financial institutions, or brokerage firms authorized by the depository. Some key features and benefits of a demat account include: Safekeeping: Demat accounts provide a secure way to store and manage your investments without the risk of physical certificates being lost, stolen, or damaged. Easy and Fast Transactions: Buying and selling securities becomes much faster and simpler in an electronic format, as transactions can be executed online. Reduced Paperwork: The need for physical paperwork is eliminated, reducing the administrative burden on investors. Automatic Updates: Corporate actions like dividends, bonus issues, and stock splits are automatically credited to the demat account, ensuring investors receive their entitlements seamlessly. Holding Various Securities: A demat account can hold a wide range of financial instruments, including equities, bonds, government securities, mutual fund units, and exchange-traded funds (ETFs). Opening a demat account typically requires providing necessary identification and address proof documents, and it is usually done in conjunction with a trading account if you wish to actively buy and sell securities on the stock exchange. Demat accounts have become an essential tool for investors, especially in countries where the process of dematerialization has been adopted to streamline the securities market. However, it's important to note that regulations and procedures may vary depending on the country in which you operate. #demataccount #share #mutualfunds Follows on Facebook : https://www.facebook.com/theneeridaivelai/ Follows on Twitter : https://twitter.com/theneeridaivela Follows on Instagram : https://www.instagram.com/theneeridaivelai/ VICPlh2hhng |
| Category | Entertainment |
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