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2 Tata Group Dividend Stocks To Buy/Sell After Q4 Results, Dividend Announcement -
18K, 22K, 24K Gold Prices India Get Cheaper: Yellow Metal Prices Fall On Weekend -
HDFC Bank's Q4 Profit Hits Rs 17,257 Cr; Rs 10,900 Cr Set for Future Provisions -
Rs 17.50/Share Dividend: Tata Mid Cap To Consider Dividend On April 29, LIC Stake 9.88% -
Upcoming Adani Stock Dividend: Midcap Cement Stock To Declare Dividend, Q4 Next Week; BUY For Rs 3,225 -
Elon Musk Postpones India Trip, Tesla's Indian Market Entry Delayed -
HDFC Bank Q4 Results: Net Profit Rises 37% To Rs 16,512 Cr; Rs 19.5 Dividend Declared -
Gold Prices: 10-Gram 24-Carat Rises Rs 8,010 Before Falling; Chennai Gold Price At Rs 75,110 -
Defence Stock Set To Become Cheaper, 1:5 Split Approved: Shares Zoom 406% In 1-Yr -
Indian Railways Announces Historic Increase in Summer Train Trips
What are the Different Investments for Which Demat Account is Used?
Demat account can be used for a number of investments and not only for buying and selling shares, as the general perception is. Take a look at the numerous places in which you can use your demat account. Click to know what are the charges payable for opening and maintaining a Demat Account.
Equity
You need a demat account if you want to buy and sell stocks through the recognised stock exchanges in the country.This is because it is compulsory to buy and sell through demat account, if you are doing so through stock exchanges.
Initial Public Offer (IPO)
One can also apply for IPOs as per your convenience using your demat account. After applying one can also track the status and analyze the forthcoming IPOs. This will help you save time and avoids filling lengthy forms. One can just log in and select IPO option and fill the price and quantity.
Systematic Investment Plan
This option is offered by few banks such as HDFC Bank, where one can buy pre-specify the quantity of stocks/units at regular intervals over a period of time. An SIP allows you to invest without having to worry about the ups and downs of the markets. Click to know more about SIP.
Rajiv Gandhi Equity Savings Scheme (RGESS)
If you are a new equity investor, you can invest in RGESS and save taxes for three consecutive years. Click to know more about RGESS.
Individuals with a gross annual income of up to Rs 12 lakh can avail a deduction of up to Rs 25,000. This deduction is subject to maximum investment limit of Rs 50,000 under Section 80-CCG.
Gold ETF
One can also use the demat account to buy gold ETFs in the electronic form. Gold ETFs are listed and traded just like a stock.
Fixed Income
From your demat account one can invest in highly rated debt instruments with high rate of return such as highly rated bonds and highly liquid NCDs.
Mutual Funds
Go paperless by investing in Mutual Funds from your demat account. You have the option to purchase and redeem mutual fund units online just like stocks through your trading account.
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