What are different types of Demat Accounts and their benefits?

Did you know that over 190 million Demat accounts are active in India? That number keeps growing as more people invest in stocks, mutual funds, and IPOs. This significant growth reflects the increasing participation of individuals in the financial markets. A Demat account is like a digital locker for our investments. It holds our shares and securities electronically, making buying and selling easy. We can trade safely without worrying about loss, theft, or damage with different Demat account types.