A demat, or a dematerialized account holds your physical securities like stock certificates, bonds etc. in an electronic format. If a savings account is used to hold your money, a demat account is used to hold your securities.
One of the major benefits of a demat account is that you can hold certificate of mutual funds(https://www.edelweiss.in/oyo/mutualfund?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=22-11-2019), etf, bonds and shares in one place.
Benefits of demat account:
1. Easy to hold
2. Immediate updates
3. Lower costs
4. Reduction in delivery risks
Watch this video to get a better understanding of a demat account.
Open an online demat account(https://www.edelweiss.in/demat-account?utm_source=platform-dailymotion-offpage&utm_medium=free&utm_campaign=22-11-2019) today to start your stock trading journey.