To Know the Awareness of Demat Account & Share Market among Youth of India with Special Reference to Punjab

Shares and Securities are held in Dematerialized form in Demat Account. It is mandatory to have a Demat Account to carry out a transaction in share market. Once an account is opened, we can buy securities by a broker or online. To open a Demat Account, we need to get in touch with a registered depository participant (DP's). We can get a list of registered DPs from National Securities Depository Limited or Central Depositories Securities Limited (NSDL or CDSL) websites, then download or collect an account opening form from the registered DP's office or website. There are four major charges usually levied on a Demat Account: account opening fee, annual maintenance fee, custodian fee and transaction fee. Charges for all fees vary from DP to DP. Various banks like HDFC Bank, ICICI Bank, Axis Bank etc provide the DEMAT facility. Some even provide facility of holding of Mutual Funds in DEMAT ACCOUNT. This study focuses on To Know the Awareness of DEMAT ACCOUNT and SHARE MARKET among youth of India with special reference to Punjab.