A Demat account is used to store your securities and shares in electronic formats. This forms the lifeline of trading, as it is mandatory to open a Demat account when planning to venture into the stock market.
With the help of a Demat account, you can buy or sell shares, securities, or debentures. The stocks stored in your Demat accounts are referred to as Demat holdings. It is crucial to understand the Demat holdings’ meaning before you begin your trading journey.
Moreover, to get a detailed view of your stocks and their respective values, you need to download a Demat holding statement. Read on to understand the meaning of Demat account holding and how to view the statement of your Demat holdings.
You can download a Demat account holding statement either from your stockbroker or from central depositories. All stockbrokers allow you to download this statement from their respective trading platforms.
Another way to get your hands on the Demat account holding statement is to download them directly from NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited) depositories.
All you need to do is check the depository your DP is registered with and then visit the respective depository to download your Demat account holding statement.
To help you understand the process better, here is a step-by-step guide on how to download a Demat account holding statement from the CDSL portal.
Step 1: Access the CDSL website and log in with CAS credentials
Step 2: Provide your PAN card details, your date of birth and the BO (beneficiary owner) ID
Step 3: Verify the Captcha code and click on the ‘Submit’ option
Step 4: Enter the OTP you receive on your mobile number
Step 5: Download the Demat account holding statement
Remember that you can get the BO ID from your respective stockbroker and download the statement easily from the CDSL website. However, ensure your mobile number is active and registered with your broker.
This step is crucial as you may not be able to access the Demat account holding statement without OTP verification being completed.
Here is the process to download a Demat account holding statement from the NSDL portal.
Visit the NSDL website and navigate to the E-CAS option
Provide your CAS ID and PAN details
Enter the specific Captcha code
Receive the Demat account holding statement on your email ID registered with your DP
To get your CAS ID, there is an option called ‘Know Your CAS ID’ on the NSDL website. Provide your PAN details, your DP ID and the client ID to understand your CAS ID number.
According to SEBI, the number of shares you sell or purchase on a given trading day will be reflected in your Demat account after T+1 or T+2 days. This simply means you can view your Demat holdings within a maximum period of 2 working days.
Once you place an order to buy stocks through your trading account, your DP will purchase them from the stock exchange and place them in the pool account. After this step, the required funds have to be cleared from your linked bank account.
Then, your DP transfers these shares from the pool account to your Demat account within a specific timeline. Post this, you can analyse your Demat holding statement to view your purchased shares.
You have to visit the portfolio tab of your Demat account, which enlists your total investment value. Below this investment value, you can get to know your overall profit or loss. After this, you can see a list of purchased stocks below the total portfolio value.
Here, you can see the current share value along with the cost you purchased them. You can also see the company-specific shares along with the current investment value beneath each company name.
You may also be able to view the unrealised loss or profit available in every stock. This simply helps you understand the scenario when you sell your stocks immediately.
Despite the fact that online trading is secure and reliable and maintaining Demat holdings is error free, you must keep a close tab and check your Demat account holdings regularly. If you do not check your security holdings for a long period, there may be instances of fraudulent activities.
The particulars listed on a statement include your name, contact information, address, unique folio number, a summary of transactions, current balance, dividend income and many such details.
Yes. You can view your holdings by registering with web services of the respective NSDL or CDSL depositories through which you have opened your Demat account. While NSDL requires you to input their 14-digit number with an IN prefix, you can log in to the CDSL with its 16-digit ID number.
You can get your statement either from your respective DP or from the websites of centralised depositories, such as NSDL and CDSL.
You can download your Demat account holding statement by visiting the CDSL website and logging in to your account using the CAS (Consolidated Account Statement) details. Then, provide your PAN details along with your BO ID and date of birth.
Verify the Captcha code and click on the ‘Submit’ option. Finally, enter the OTP received in your registered mobile number and download your statement.
The total number of shares transferred from your DP’s pool account and reflected in your Demat account after T+2 working days is known as the Demat account holding.
As your Demat account is linked to a bank account, you can view your Demat account details by logging into the net banking portal of your bank. The 16-digit number comprises a DP ID along with your customer number registered with the broker.
Apart from this, you may also log in to the CDSL or NSDL websites to check your Demat account details. Simply key in your credentials and check the details of your Demat account without the intervention of a DP.