What is a Demat Account Holding Statement?

A Demat account holding statement shows all the securities stored in a dematerialised account. It is important because it helps an investor track every instrument held in the account. The statement includes basic details such as the security name, quantity, cost of acquisition, and the current value. It also shows past transactions and any movement in the account during a set period. The statement can be downloaded from the depository participant’s platform. It helps an investor view, check, and verify all holdings in one place. This article explains in detail about Demat account holding statements. 

Key Components of the Demat Account Holding Statement 

The statement contains several important details about an investor's holdings. 

• Account Information: Displays the account holder's name, account number, DP ID, and depository participant details. 
• Date of Statement: Shows the specific date on which the holding statement was generated. 
• Security Details: Each security is identified through its International Securities Identification Number (ISIN), security name, and type. 
• Holding Information: Records the acquisition date, cost of acquisition, quantity held, and current market value of each security. 
• Status of Holdings: Indicates whether securities are active, frozen, or pledged. 
• Corporate Actions: Reflects any stock splits, bonus issues, dividends, or rights issues affecting the holdings. 

The statement may also include transaction summaries, nominee details, and information about pledged securities. 

How to Download a Demat Holding Statement? 

Here’s how to download the Demat Holding Statement online. Follow these steps: 

Step 1: Log in to the Depository Participant's website using login credentials. 
Step 2: Upon logging in, look for the option to download the Demat Account Holding Statement. It is usually found under the 'Accounts' or 'Portfolio' tab. 
Step 3: Choose the date range for which the statement is required. Statements are available monthly, quarterly, and annually. 
Step 4: Select the format in which the statement is required. The investor can download the statement in PDF or Excel format. 
Step 5: To start the download process click on the 'Download' button. The statement will download to the investors computer or mobile device. 
Step 6: For password-protected statements, enter the password provided by the service provider. 
Step 7: Ensure all details on the downloaded Demat Account Holding Statement are accurate. If the investor find any discrepancies or errors, they can contact their DP immediately. 

Ways to Download Demat Holding Statement 

Here are the two ways to view/download the Demat account holding statement: 

From The Central Depository's Website 

CSDL and NSDL are the two main central depositories in India. Depending on the national depository where an investor has the account, they can download their Demat account holding statement online from CSDL or NSDL. In general, NSDL Demat accounts have 14-digit numbers, while CDSL Demat accounts have 16-digit numbers. An investor can view their Demat account holding statement by visiting the website of the required national depository and entering their Demat number. 

Using the Broker’s Trading Platform 

A broker provides a trading platform when an investor open a Demat account online. This trading platform also allows them to view their holding statement for their Demat account. 

For example, an investor needs their login ID and password to access the BlinkX trading website. Next, click on "Reports" and then "Security Holdings" from the dashboard that appears. They can then either view or download their Demat account holding statement as required. Regardless of which DP one use for their trading account, they may follow a similar procedure. 

Importance of a Demat Account Holding Statement 

The statement of Demat holdings gives a clear view of an investor’s overall portfolio. Here are a few points that explain the importance of a Demat account holding statement. 

Stay Informed:  

Investors can stay informed about the status of their investments by regularly monitoring their Demat account holding statement. This allows them to keep track of their portfolio's performance and see how the investments are performing. 

Spot Unauthorised Transactions: 

Investors can spot any unauthorised transaction or fraudulent activity by regularly checking their statement. By doing this, they can take immediate action to prevent any further damage and protect their investment. 

Plan Investment: 

Investors can plan their investment by reviewing their holding statement. They can identify stocks or securities that are performing well and make informed decisions accordingly. 

Tax Compliance: 

The Demat account holding statement consists of crucial information such as the cost of acquisition and market value. This information is essential for tax compliance purposes, as it calculates capital gains or losses. 

Record-keeping: 

Investors can monitor their investment and record-keeping by monitoring the Demat holding statement. It serves as their investment record, provides a comprehensive overview of their holdings, and includes the securities held, their quantity, and acquisition cost. 

Portfolio Diversification: 

Monitoring holding statements can help investors identify areas where their portfolio is overexposed or underexposed. This can help them diversify their portfolio and spread risk across different securities. 

Read More: how to check demat account status. 

Conclusion 

For investors, a holding statement from their Demat account is a crucial tool for monitoring and managing their securities portfolio. This document summarises the securities held in the account, including their names, quantities, acquisition costs, and current market values. It also plays an important role in tax compliance by providing information essential for calculating capital gains and losses. With an online trading app, investors can effectively manage their securities and make well-informed decisions.