DEMAT ACCOUNT
A DEMAT account can hold a variety of financial instruments including stocks, bonds, exchange-traded funds (ETFs), mutual funds, and non-convertible debentures (NCDs). This makes it easier for investors to manage their portfolio from a single account.
DEMAT accounts offer a nomination facility, allowing the account holder to appoint a nominee who can inherit the securities in the account in case of the account holder’s demise.
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