Getting started
What is demat account?
The account that holds your shares electronically.
Explained in more detail
Demat is short for dematerialised. Shares used to be paper certificates; now they sit in this account in digital form. You open it through a broker.
An example
For instanceZerodha, Groww, Upstox and Angel One all open demat accounts.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time demat account appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.