The investment and trading community in India is on a strong growth curve. Several individuals have realised the need for saving and investment in India, and whether you are new to trading and investing or are a seasoned player, you will first look for the best Demat account in India. At the outset, it's important to note that ‘best’ represents what is conducive to individual investors. The fast-paced investment and trading arena in India constitutes investors who wish to self-educate, taking independent decisions about trading and investment. A Demat account isn’t the only service/product that a good brokerage provides, but just one vital thing among a whole lot of related services.
When the very first lockdown of the recent pandemic occurred, numerous millennials sprinted to invest in equities. By November 2020, around 26 lakh Demat accounts were started, each month. There’s no doubt that it's great to start your investment journey at a young age, but an equally important aspect of investing is selecting an appropriate platform. While opening a Demat account, several things need to be considered, like Demat account charges, etc. Some brokerages may let you open a free Demat account, and a reputed, digitally-smart one like Motilal Oswal can give you this perk.
Among the list of the ‘Best Demat Account in India in 2021’, you may well find brokers like Motilal Oswal, that approach investment and trading with years of experience behind them. However conventional a brokerage may be, when it changes with changing times, it should be at the head of your list. Just because a brokerage has a low brokerage Demat account on offer, doesn’t mean it translates to the best. There are different factors to keep in mind while shopping for an up-to-date brokerage with a Demat account facility:
In all the features that a great brokerage must have, Motilal Oswal comes out winning. With several years of experience and traditional approaches related to new-age digitisation, you get an investment experience like no other.