In 2024, SEBI has updated Demat account regulations to enhance transparency and efficiency. Key changes include raising the Basic Service Demat Account (BSDA) limit from Rs 2 lakh to Rs 10 lakh, allowing investors to hold more securities without incurring higher maintenance fees. This adjustment benefits those gradually expanding their portfolios.
To optimize the new rules:
- Build and Diversify Portfolios Gradually: Increase investments at a measured pace and diversify across equities, bonds, and mutual funds.
- Leverage Tools and Research: Utilize brokerage tools and research to make informed decisions.
- Regularly Monitor Portfolios: Ensure holdings stay within the BSDA limit to avoid additional costs.
Minimize costs by staying within the limit, rebalancing portfolios as needed, and considering regular Demat accounts for advanced features. Staying informed and proactive will help maximize returns and achieve long-term financial goals. Evaluate strategies regularly and consult with financial advisors to tailor investments to your unique needs.