Understand Your Statement of Demat Holdings

In the trading journey, you must check your various trading needs. The Demat account is just like a bank account or an online wallet that helps you store your financial holdings rather than money. With a Demat account, you can save different types of securities: bonds, equities, mutual funds, etc. To avail of this facility, one must open an online Demat account with a registered broker. You can also convert your physical holdings into digital format as you get your bank account details through the bank app or website. You just need to log in to your bank account and view all your transactions and other details. Similarly, you can view all the transactions in your Demat account. To get the answer to how to view a Demat account statement, you need to look at the following terms and understand the steps to view your Demat account.

A Demat account holder holds assets in digital format, allowing you to view different transactions from your smartphone or desktop. Holding assets in the digital format has multiple benefits, including the provision to check all the information related to your Demat account. A Demat account transaction history allows you to track different transactions and ensure that the shares are delivered or the funds are stored in your brokerage account.

So, if you want to own a Demat account, you need to join with a depository participant (DP). The chances of getting a better broker are high if you do research. A reliable DP promotes full transparency and makes trading easy by letting you see statements such as the Consolidated Account Statement (CAS). These statements are sent out periodically to every Demat account holder, and information regarding the Demat holdings is provided. Also known as the Demat account statement, the CAS usually consists of two parts: the statement of account and the Demat holdings. The statement of accounts provides detailed information about each transaction taken against their financial holdings. The Demat account statement can show the stocks, bonds, index funds, and mutual funds.

Every Demat account holder needs to know about the technical part of the Demat account statements.

Statement of the Demat Account

A CAS is one of the fastest ways to read the Demat account statement. It is a crucial document which contains all the transactional and investment details and concerns about mutual funds and depository accounts. Ths CAS helps the Demat owner with any mistakes or errors in the transaction. It assists the trader in various ways.

The Demat account statements are further classified into the following aspects:

Statement of Accounts or the Statement of Holdings

The statement of holdings is a detailed description of the transactions that have occurred in your account. In short, a holding statement summarises the asset type concerning the transaction date.

Personal Detail

Each Demat account holding statement or CAS displays your personal details, such as your name, address, and contact information. So you can cross-check your personal information and make sure it displays the correct information about yourself.

The Folio Number

The folio number is a unique identifier issued to every Demat account holder. There is no chance of getting the same folio number for two individual Demat account holders. So, when going through your holding statement of the Demat account, it is a good idea to check if it displays the right folio number allotted to you.

Mutual Fund Information

The Demat account also contains information about the mutual funds you invest in. In the mutual fund investment, there will be sections displayed for the mutual funds where you can find all the active mutual funds and the transaction details for them.

Dividend Payment

There are many stock companies that offer dividend payments to the stock owners. This dividend payment is made periodically, and the information regarding the dividend payment can be shown in the Demat account.

Summary of Investment

As you can see, all the transactions happen in your Demat account. You can also review all the transactions and the summary of the profit and loss in your trade in one place. You can check the shares sold and track the live price of shares from your Demat account.

Different Balances

There are different types of balances. The balances in the Demat account denote the securities of the Demat account held as the current balance.

• The free balance denotes the securities accessible for trading and transfers.
• The locked-in balance refers to the locked and unavailable securities for trade or transfers.
• Lastly, the pledge balance in a Demat account statement denotes the pledge securities that cannot be used until the amount is paid off.

To access the Demat account CAS, you need to follow the steps given below:

• Open a Central Depository Services Limite (CDSL) website and click on ‘CAS login’.
• After clicking on login, enter your PAN card number.
• Then, enter your Beneficiary Owner Identification Number (BO ID) and date of birth.
• Enter the OTP sent to your registered mobile number.
• Click on submit and make sure the details are correct; if yes, then CAS is loaded in the window of the statement of your Demat account.

The following steps are for the Demat account held by the NSDL. You cannot log in or view your consolidated account summary without the OTP. You need to pass through a verification process to check your financial holding statements.

Conclusion

Demat accounts provide a place to update, track, and invest in the stock market. The National Securities Depository Limited (NSDL) and the CSDL allow a trader to enter the money market. All investors have individual identities, and this detail can be accessed by the Demat account.

Frequently Asked Questions (FAQs)