There are many investment options available in the stock market today. At the same time, by investing in its different sectors, a huge fund can be prepared for the future. But to invest in any sector of the stock market, it is mandatory for a person to have a demat account.
Without this, you will not be able to do tasks like buying or selling shares in the stock market. If your demat account is also closed. So there is no need to panic, you can recover it even sitting at home. But before knowing about its recovery methods, let's talk about the circumstances under which the demat account can be closed.
When can your demat account be closed?
At present, many brokerage apps temporarily close the demat account if it is not used for a long time.
If the information entered by the investor does not match, then in such a situation also the demat account can be closed.
Apart from this, it can also be closed if the details of PAN card, Aadhar card are not linked to the demat account.
If the demat account is closed, you can easily recover it. Let us now talk about its recovery methods.
How will the demat account be recovered?
Take the help of customer service.
You can get information about its recovery process by talking to the customer service or service of your brokerage company. At the same time, many companies have also made the recovery process easy through the app.
You will be able to recover it easily through mobile sitting at home.
Do KYC of demat account
Many times it has also been seen that the demat account can be closed even if the KYC of the account i.e. necessary documents like Aadhar card, and PAN card are not added. Therefore, it is important to enter the information of the necessary documents correctly.
However, keep in mind that the profit received in the stock market depends on the fluctuations of the market.
How to reduce the risk of the stock market?
If a new investor is investing in the stock market, then he can start with mutual funds first. You will not even need a demat account to invest in mutual funds. The returns obtained in this are 12 to 14 percent, although these returns are estimated.
Investing in mutual funds is beneficial only when you invest for a long time. Apart from this, if you want less risk in mutual funds, then you can choose hybrid and debt funds. You can also add a mix of equity, hybrid, and debt funds to your portfolio.
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