Iam intrested in investing in shares but every financial advisor comes with confusing solutions. Iam not intersted in trading with the shares but wants to invest in shares as longterm asset. Advise me please.
How to open demat account and what is trading account? Why the charges is different from one from another?
As you are interested in investing you money in shares you are expected to open both Demat and Trading Account.
Demat Account is opened through a depository participant e.g Share Brokers and Banks.
(ICICI, HDFC, SHAREKHAN, INDIA INFOLINE, KOTAK)
All the above DP's also give your the facility of a Trading Account along with your demat account and their research reports, which will help you to track the stocks for investment perspective.
Check for 5 paisa, they charge Rs 555/- for lifetime trading *** demat account.
Check for Sharekhan, they charge around 350/- p.a. for lifetime trading *** demat account.
Hope this helps.
Reply:contact to the bank in which your's account have
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