With SMC demat account, get 20+ investing options to choose from
With SMC Ace app, enjoy best-in-class features for a robust investing journey.
Get detailed information of scrip for better decision making.
State of art portfolio tracker with heatmap & realtime analytics.
Take multiple actions on any scrip viz. Buy, Sell, Scrip details & Charts.
Multiple tools & studies with customized view to analyse movement.
With SMC demat account, experience ease of trading to achieve your goals.
of trust
App Downloads
Happy customers
AUM*
A Demat account is primarily used to hold securities and shares. The idea was first introduced in 1996 as an alternative to physical share certificates. A Demat account not only makes trading stocks quick and easy but also eliminates all of the risks associated with holding a physical certificate. You can use a Demat account to store investments such as equity shares, ETFs, bonds, debt securities, mutual funds, or government issuances among other things. In India, it is mandatory for investors who want to invest in the stock market to have a Demat account.
With SMC, get exclusive research driven reports & analysis for better investment gains.
Professionally a Chartered Accountant (CA), he has strong 19 years of experience in the Derivatives segment. His specialization is Data Interpretation, which involves quasi-statistical techniques and formal statistics. “Nifty ke Nisanebaaz”, “Nitin Ki PCR”, and “Nitin Option Wale" are some of his popular shows which are telecasted on Zee Business and CNBC Awaaz.
He possesses a strong experience of 18+ years in Equity Fundamental research. He is a regular speaker on various news channels like Zee Business, ET Now, ET Now Swadesh and CNBC Awaaz. Also has several articles published across various news agencies such as Reuters, national news dailies, financial journals and various other publications. He is the Editor of SMC's Weekly Research Magazine - Wise Money, which has a wide readership and circulation.
A veteran when it comes to Capital Markets, Mr Bhasin is well known for his presence on coverage of Markets on prominent TV channels and his extensive market research.
Professionally a Chartered Accountant (CA), he has strong 19 years of experience in the Derivatives segment. His specialization is Data Interpretation, which involves quasi-statistical techniques and formal statistics. “Nifty ke Nisanebaaz”, “Nitin Ki PCR”, and “Nitin Option Wale" are some of his popular shows which are telecasted on Zee Business and CNBC Awaaz.
He possesses a strong experience of 18+ years in Equity Fundamental research. He is a regular speaker on various news channels like Zee Business, ET Now, ET Now Swadesh and CNBC Awaaz. Also has several articles published across various news agencies such as Reuters, national news dailies, financial journals and various other publications. He is the Editor of SMC's Weekly Research Magazine - Wise Money, which has a wide readership and circulation.
He has a rich experience of more than 12 years in technical analysis. His expertise lies in identifying the best stocks and sectors from short to medium-term perspectives using technical chart patterns, indicators, and oscillators along with micro and macro-economic parameters. At the same time, he is also well versed in derivative data analysis. His regular appearance can be seen on print media like Moneycontrol along-with a presence on English business channels like Bloomberg Quint.
For Individuals, documents required include:
An investor can open multiple demat accounts. However, they must link their PAN number with each demat account that they have opened.
You can now open a Demat Account online from the comforts of your office or home.
Yes, the Demat account opening is free of cost with a margin deposit of ₹5,000.
You do not need to maintain any minimum balance to keep your account active.
At some point of time your Demat account will be considered as a dormant Demat account (an inactive account). After that you won't be able to do any transactions from this account until you reactivate it.
If no transaction is done for a long period, a demat account can turn dormant.
NRIs can also open a Demat account. For that they need to have either NRE or NRO bank account.
Yes, a Demat account can be opened in single or joint names. A maximum of 3 names can be added in the joint Demat account.
Yes, nomination facility is available in demat account.
