Скачать или смотреть क्या Multiple Demat Account खोलने चाहिए?🤔

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Is Opening Multiple Demat Account Worth It?

First of all: You cannot open multiple trading and Demat Account with the same broker or DP.
Now that this simple fact is clear, let's look at this strategy, or foolishness.

Benefits Of Multiple Demat Account:
Helps people to keep investment portfolio in one Demat Account, while trading with another, especially when brokerage is taken into consideration.

Multiple Facilities such as research report will help validate or give second opinion and therefore less risk at times.

Safety in case a broker is closed which is not some far off possibility

Limitations:
Additional charges such as AMC and therefore increasing overall trading expenses.

If Demat account remains inactive for a specific period of time, your broker may freeze your account. Then reactivating or transferring shares is no easy task, on the contrary it is siyappa.

Regular monitoring of transactions is another challenge