How to maximize investment using the updated Demat Account Scheme?
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How do the changes in the Basic Services Demat Account scheme, which raise portfolio value limits for lower service charges, promote financial inclusion for smaller investors?
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The changes in the Basic Services Demat Account scheme are a significant step toward helping smaller investors. Raising portfolio limits and maintaining low fees make investing accessible for those with less money.
With these new limits, more individuals can open accounts without the fear of high fees diminishing their small investments. This encourages more people to invest, feel part of the financial system, and grow their savings. Overall, it's a friendly way to make investing accessible for everyone, not just those with deep pockets.
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@Reema said in How to maximize investment using the updated Demat Account Scheme?:
The changes in the Basic Services Demat Account scheme are a significant step toward helping smaller investors. Raising portfolio limits and maintaining low fees make investing accessible for those with less money.
With these new limits, more individuals can open accounts without the fear of high fees diminishing their small investments. This encourages more people to invest, feel part of the financial system, and grow their savings. Overall, it's a friendly way to make investing accessible for everyone, not just those with deep pockets.
Hi @Reema , I have a query regarding this: Will raising the limits and maintaining low fees truly increase the financial literacy and investor education of these small account holders, or will it merely encourage risk-taking without a proper understanding of the market?