As per the latest data, the number of demat accounts rose to 11 crores in January 2023, which was 8.4 crores last year. This means the total increase in demat account number is by 31%.*
And among the total active demat accounts in India opened in the last 3 years around 75% of investors are less than 30 years.**
This clearly means that these days, young investors are looking at stock market investment as the good source of passive income.
If you are one of them, then it is obvious that you do in-depth analysis and research in finding the right company to get high ROI. But, how many of you consider choosing the right stock broker?
