As your Demat holdings include all your shares, you can find more information about the trades in your portfolio. You can follow the below steps for reading your Demat holdings:
Open the IIFL’s website or the mobile application of a zero brokerage demat account.
Login to your account by entering your username and password.
Click on the ‘Portfolio’ tab and a new window will open.
Once you are on the ‘Portfolio’ tab, you will have a listicle view of your Demat holdings.
The list will have the names of the companies and the amount you have invested and the current value of the amount, along with the profit or loss percentage.
The tab also shows your total portfolio value with how much you have invested and the total of all your Demat holdings with their current worth.
How to read Demat holdings?
To read your Demat holdings, you need to visit the same portfolio tab in your Demat account, on the website, or on the Mobile Trading App. You can then follow these steps for reading your Demat holdings with the trading account:
The portfolio tab shows the total investment value of your portfolio. The overall loss or profit is written below the value to let you know how much you have earned or lost.
Below the total portfolio value, you will see a list of all your purchased stocks. In front of the company name. You will see the current share value along with the cost of the shares at which you bought them.
Below every company name, you will see the number of shares you have bought of that particular company and the current value of your investment.
The list also shows the unrealized profit or loss you have in every stock. It means if you sell them right now, you will realize the amount as profit or losses with the help of zero brokerage demat account.
In this way, you can comprehensively start investing in stocks. But before you do, it is wise that your brush up about the basic jargon of equity investing and how you can manage your Demat account. As the equity markets come with numerous profit-making opportunities, you can look to open a Demat account with IIFL and multiply your wealth through strategic equity investments.
You can put a portion of your bank account amount on hold, specifically to be used for trading. This process is known as a hold. At the end of the trading session, you can release the unutilized held amount, which you can again use for purposes other than trading.
How to read your statement of demat holding or trading account
Today, with the advent of technology, it is possible to view your Demat holdings directly with NSDL or CDSL, wherever your demat account may be located. Typically, your Demat account number is an identification code for your depository participant as well as your own individual ownership interest with the help of zero brokerage demat account.