Amidst the global pandemic and market disruptions, Indian investors opened 14.2 million new demat account opening in FY2021 which is the highest record. It is almost three times the number in the previous fiscal year. According to data from National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL), 4.9 million demat accounts were opened in FY2020, compared...

Depository Participant (DP) charges are applicable to any sell transactions in your Demat Account. These charges are in addition to brokerage and are not included in the contract notes. Depositories and their participants get income via DP charges. DP charges are a set transaction fee, regardless of the amount of shares sold. As a result, the charges are based on the number of shares sold...