Diversification is the cornerstone of intelligent investing, essential for managing risks effectively when investing for the long haul. Here are some key steps you should follow to optimise the use of a demat account for portfolio diversification.
When using a demat account, it s crucial to be mindful of certain common mistakes to avoid potential pitfalls and ensure smooth and efficient management of your investments. Here are some common mistakes to steer clear of.
Investors generally cannot open demat accounts without PAN cards in India. Market regulator Securities and Exchange Board of India (SEBI), through its circular dated April 27, 2007, has mandated the requirement of PAN cards for individuals engaging in securities transactions in India.
Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration you want to remain invested for.