Central Depository Service News Today

The potential for higher returns from investing directly in stocks comes with additional risks. For most investors, who neither have the time nor the skill to properly analyse stocks, mutual funds should form the core of their equity exposure.

A record over 51.84 lakh people registered for SIPs in January compared to 40.33 lakh a month ago, clocking a 28.5 percent spike over December and a 128.9 percent surge over the last year

According to data from the Central Depository Service and National Securities Depository, the number of demat accounts opened in January totalled over 46.84 lakh, compared to 40.94 lakh a month ago

A consistent 30 lakh fresh additions every month since July has driven the SIP registrations for FY24 above the the combined figure for FY23 and FY22, according to the Association of Mutual Funds in India (AMFI)

The number of demat accounts opened in December totalled over 41.78 lakh, compared to 27.81 lakh a month ago and 21 lakh a year ago. The total demat tally crossed 13.93 crore, up 3.1 percent from a month ago and 28.66 percent from a year ago

About 31 lakh new demat accounts were opened last month compared to 29.7 lakh additions a month ago and 21 lakh a year ago.

The investor education and protection fund authority (IEPFA) has reached out to top hundred companies to reduce the documentation required for individuals trying to claim their shares, according to a senior government official. Recently, the Supreme Court-appointed expert panel on the Adani-Hindenburg case had raised issues such as capacity constraints faced by IEPFA in clearing these claims which are over Rs 5,000 crore. Our immediate priority is to ensure that claims of those investors whose a...

About 80 per cent demat accounts are concentrated in just 10 Indian states, led by Maharashtra, Gujarat and Uttar Pradesh.