How to Buy Shares Using Axis Direct Demat Account?

To buy shares using your Axis Direct Demat Account, you require a linked Savings Account and Trading Account as well. To facilitate stock purchases, a user requires a trading account, which allows the buying and selling of shares. Your Demat Account holds any stocks you choose to buy and hold electronically. Hence, demat, savings, and trading accounts work in tandem to allow investors a seamlessly integrated investing experience. If you are looking to learn to open a Demat Account, you’ve come to the right place. 

Demat Account: The Demat Account is where your purchased shares and other securities are held electronically. When you buy stocks through your Trading Account, they are automatically credited to your Demat Account, eliminating the need for physical share certificates. This electronic holding ensures safekeeping and easy access to your investments.

Trading Account: A Trading Account is essential for actively participating in the stock market. It acts as an interface between you and the stock exchanges, allowing you to place buy and sell orders for shares and other financial instruments. When you place a buy order through your Trading Account, the funds are debited from your linked Savings Account, and upon a successful purchase, the shares are credited to your Demat Account.

Savings Account: Your linked Savings Account serves as the funding source for your stock market transactions. It is where you keep the funds that you intend to invest in the stock market. When you place buy orders, the necessary amount is debited from this account. Additionally, when you sell shares, the proceeds are deposited back into your Savings Account.

This article will also briefly explain how to facilitate trades through your Demat and Trading Account. This includes transactions such as how to buy IPOs, mutual funds, stocks, and shares and some tips to help you get started on your investment journey. 

Establishing Your Demat and Trading Account 

To register your Axis Direct Demat and Trading Account, you must complete an online application verifying your personal and financial details. Here are some of the mandatory requirements to open a Demat Account: 

• You must have a Pan card and an Aadhaar card. 
• Documents that show proof of identity, proof of address, and proof of bank account must be submitted.
• Your application, be it online or offline, must be completed with accurate details. 

The best way to get started in the investment market is to avail yourself of Axis Direct’s 3-IN-1 integrated investment platform. If you already have a savings account, then simply take the next step and open your Demat and Trading Account. Once your Demat and Trading Account is linked to your bank account, you are ready to begin investing! 

How To Make Transactions on Your Demat Account 

Making transactions via your Axis Direct Demat and Trading Account is simple. To begin, log into your Demat and Trading Account with your credentials. Search for any stock or category you are interested in. Once you have found an IPO or share worth investing in, begin the investment process. Completing a transaction does not take more than a few minutes, and you can take the help of the customer care executives of your DPs if you face any difficulties.

• How to buy IPOs: Initial Public Offering (IPO) is when a private company goes public. It is one of the most opportune moments to invest in a company. This is because, during an IPO, companies offer shares at a lower price in a bid to attract investors. If the company has high growth potential, then early investors can profit in the long run. To successfully buy shares in an IPO, carefully evaluate a company’s true value versus its claimed value and whether you think the company will perform well in the future.  
• How to Buy Shares: There are multiple advantages to investing in the general stock market as well. Investing in shares and stocks can offer investors high returns. It allows individuals to take advantage of a growing economy and stay ahead of inflation. Nevertheless, high returns come with high risks, so users should carefully access a company’s financial reports, history, and any other essential information. 

Conclusion

To invest in the Indian stock market, you require a savings account, a Demat Account, and a Trading Account. At Axis Bank, you can apply for all 3 in a single application and get started on your investment journey in no time. To open a Demat Account, simply follow the outline provided above. To successfully register, you will need some documents like a Pan card, an Aadhaar card, and certain documents such as identity, address, and bank account proof.