Open Your Demat Account Today

Why Open a Demat Account with Fortunemantra?

• ✔️ 100% online account opening — paperless process
• ✔️ Integrated platform for trading, mutual funds, and IPOs
• ✔️ Backed by top brokers and registered under SEBI
• ✔️ Real-time tracking and instant order execution
• ✔️ Advanced analytics, research reports, and expert support
• ✔️ Transparent pricing — no hidden charges

Key Features of Fortunemantra Demat Account

• ✔️ Trade in Stocks, ETFs, Bonds, and IPOs with ease
• ✔️ 24×7 portfolio access via Fortunemantra MF App
• ✔️ Easy linking with bank and mutual fund accounts
• ✔️ Secure two-factor authentication for every transaction
• ✔️ Auto portfolio sync with real-time market data

Benefits of Holding a Demat Account

• ✔️ Safe & secure storage of all securities
• ✔️ Faster settlement and reduced paperwork
• ✔️ Easy transfer of shares and investments
• ✔️ No risk of physical damage or theft of certificates
• ✔️ Real-time monitoring of portfolio performance

Regulatory Compliance

Fortunemantra offers Demat and Trading services in association with SEBI-registered and NSDL/CDSL-certified partners. We ensure every transaction follows the regulatory framework of India’s financial markets.

• What is a Demat account?
  A Demat account, short for "Dematerialized account," is like a digital vault for your stocks and securities. It holds them in electronic form instead of physical certificates. It makes buying, selling, and transferring shares easier in the stock market, eliminating the need for paperwork. It is where your investments are stored and managed electronically.
• How does a Demat account work?
  Imagine your Demat account as a secure digital locker for your investments, like stocks and bonds. Instead of physical certificates, these investments are stored electronically. When you buy or sell stocks, it is like moving them in or out of this digital locker. Your Demat account keeps track of all these transactions, making it convenient and efficient to manage your investments in the stock market without dealing with paperwork or physical documents.
• Is it safe to open a Demat account online?
  Yes, opening a Demat account online is generally safe. Make sure to choose a well-known and trusted broker, follow good password practices, and keep your login details confidential to ensure the safety of your Demat account.
• How long does it take to open and activate the account with Axis Direct?
  The entire process for digitally opening your Demat account takes less than 30 minutes for processing, and to do transactions it will take min T+2 days. Subject to regulatory approvals.
• What documents are required to open a Demat account?
  You’ll need the following documents:

  • Identity Proof: PAN Card
  • Address Proof: Aadhaar, Driving License, Voter ID, or Passport
  • Bank Proof: Cancelled Cheque or Bank Statement
  • Signature Proof: Signed white paper
  • Ensure Aadhaar is linked to your active mobile number for eSign verification.
• Can I open more than one Demat account?
  Yes, you can open more than one Demat account, and you have the flexibility to choose the same broker or different brokers for each account. If you wish to have multiple Demat accounts, you can achieve so in the following ways:

  • You can open Demat accounts (single holder) with different brokers.
  • If you wish to have multiple Demat accounts with the same broker, you can do so by opening Joint Demat account. A Joint Demat account has 1 primary account holder and up to 2 joint account holders. You can hold a maximum of 5 accounts (of different combinations) with the same broker.
  • And if you wish to open an account in same combination then you need to open with multiple brokers.

  If you open more than one Demat account in such case facility of BSDA will be missed.
• What is eSign?
  eSign is an online electronic signature or digital signature. In online account opening, if you have an aadhaar card linked to your mobile number, you can eSign the documents digitally through One Time Password (OTP) Authentication.
• Can I transfer shares from my Demat account?
  A. Yes, shares can be transferred from one Demat account to another. Here is the process of transfer in brief.
  Step 1 - The investor fills the Delivery Instruction Slip (DIS) and submits it to the current broker.
  Step 2 - The broker forwards the DIS form or request to the depository.
  Step 3 - The Depository will transfer your existing shares to the Demat account.
  Step 4 - Once the transfer of all the shares is completed, the same will be reflected in the investor’s new Demat account.
  Alternatively,

  1. You can use EASIEST (Electronic Access To Securities Information and Execution of Secured Transaction) facility for CDSL or the SPEED-e facility for NSDL.
  2. You can also go for DDPI option

  1. Transfer of securities held in the beneficial owner accounts of the client towards Stock Exchange related deliveries / settlement obligations arising out of trades executed by clients on the Stock Exchange through the same stock broker.
  2. Pledging / re-pledging of securities in favour of trading member (TM) /clearing member (CM) for the purpose of meeting margin requirements of the clients in connection with the trades executed by the clients on the Stock Exchange.
  3. Mutual Fund transactions being executed on Stock Exchange order entry platforms.
  4. Tendering shares in open offers through Stock Exchange platforms.
• Who is eligible to open a Demat and Trading Account?
  There is no minimum age to invest in the stock market, even a minor can open a Demat account.
  In case of minors, the demat account can be operated with the help of parents or appointed guardian.
• Why do you need a Demat account?
  To hold electronic securities e.g., shares, bonds, mutual funds, IPOs, etc., in electronic format, you require a Demat account.
• What documents are required to open a Demat account?
  You need to keep the following documents handy for opening an account:

  • Identity Proof: PAN Card
  • Live Photo, Bank Proof(Personalised Cheque/Bank Statement/Passbook)
  • Address Proof: Aadhar Card / Driving Licence / Voter Id / Passport
  • Address Proof - Aadhar Card / Driving Licence / Voter Id / Passport /Central or State Govt Id/Image of your signature
  • To ensure a smooth and convenient onboarding process, please make sure your Aadhaar Number is linked with an active mobile number.
• Is it compulsory to assign a nominee?
  A nominee can be added to the Demat account even though it is not compulsory.