Every investor who has a Demat account will periodically receive a document from the Depository Participant (DP) known as the Demat account holding statement. This statement is designed to provide a comprehensive snapshot of the securities stored in the Demat account.
Continue reading to learn all about the Demat holding statement, why you should track it closely, and the process you need to follow to download it.
What is a Demat account holding statement
The Demat account holding statement is a document that contains a consolidated record of all the securities held in a Demat account as of a particular date. The depository participant sends the holding statement each month to all the investors who have a Demat account.
What kind of information does the Demat holding statement contain
Here is an overview of the nature of information you can find in a typical Demat account holding statement.
- Personal details
A Demat holding statement contains your personal details such as your name, PAN, address and contact information. It also displays your DP ID, client ID, trading ID and your account status. - Holding details
The DP holding statement displays detailed information on all the securities you hold in your Demat account. It includes the type of security, International Securities Identification Number (ISIN), quantity, description and current market value. Additionally, the document also contains details of securities that are free, locked in, pledged and earmarked.
Why should you check your Demat account holding statement
Periodically tracking your Demat account statement has several benefits. Here are a couple of key reasons why you should check your statement.
- Portfolio monitoring
Tracking your Demat holding statements regularly gives you insights into how your investments are performing. Assessing their performance allows you to make informed decisions on whether to buy more units, liquidate your investments or hold them for the long term. - Verification
Checking your DP holding statement periodically enables you to verify the accuracy of your holdings and transactions. This way, you can spot discrepancies, incorrect information or unauthorised debits on time and get them promptly addressed before it is too late.
How to get your Demat account holding statement
The depository participant automatically sends the Demat holding statement via email each month. That said, you can also download it yourself through either of the following two methods.
How to download your Demat account holding statement from the depositories
If you are wondering how to download your Demat holding statement from the depository, here is what you need to do.
- Step 1: Firstly, visit the website of the depository with whom you have a Demat account.
- Step 2: Complete the registration process to gain access to the depository’s e-services platform.
- Step 3: Log into their e-services platform using your user credentials.
- Step 4: Once you are logged in, simply navigate to the Consolidated Account Statement (CAS) section and download the Demat account holding statement for your preferred period.
How to download your Demat holding statement from your broker’s trading platform
On the other hand, if you are unsure of how to get your Demat holding statement from your stockbroker, here is a brief outline of the process you need to follow.
- Step 1: Log into your broker’s trading platform using your credentials.
- Step 2: Navigate to the holdings or reports section of the trading platform.
- Step 3: Select the period for which you would like to download the statement.
- Step 4: Submit the request.
Note: The process for downloading the Demat holding statement may vary depending on the stockbroker’s trading platform.
Conclusion
The Demat account holding statement is a crucial document that provides a comprehensive overview of the portfolio of securities you hold in your Demat account. By tracking and reviewing the statement regularly, you can manage your investments more effectively.
