The CDSL Demat Account Statement reflects the total valuation of your entire investments on various assets. The full form of CDSL is Central Depository Securities Limited. After the big stock market scam in 1992, Indian markets went fully computerized. Then back in 1999, the CDSL was established to facilitate the digital holding of dematerialized securities and smooth transactions by book entry.
A CDSL Demat Account Statement is a detailed file that offers you with a image of your investments within the Indian securities market. It's a critical document that allows you music your portfolio overall performance, recognize your holdings, and make knowledgeable investment choices.
First go with simple understanding of a Demat Account, is the short form of a Dematerialized Account. It is where one can keep his/her securities or assets purchased from the stock market.
Every stockbroker in India needs to open a Demat account or trading account either with the CDSL or NSDL.
The most effective method for accessing and reading the Demat account statement from CDSL is obtaining and downloading the consolidated account summary (CAS).
Checking your investment portfolio through the CDSL Demat Account statement. You need to follow the following steps after visiting their website:
https://www.cdslindia.com/cas/logincas.aspx
By reviewing these points, you can ensure the accuracy of your CDSL CAS and address any issues promptly.
There will be no issues if multiple CDSL Demat Accounts are opened and operated under multiple stockbrokers. If all of your brokers use the CDSL's safekeeping facilities, you will find all of your investment details in a single .pdf file.
The CDSL's system will find out where your other investments are, and they will also display it categorically and chronologically. This is a great feature of the CDSL Demat account statement; you can track all of your investments in one place.
BO id full form is Beneficiary Owner Identification Number