NSDL on WebNotes

NSDL on WebNoteshttps://v2.webnotes.in/tags/nsdl/Recent content in NSDL on WebNotesHugoen-INTue, 12 May 2026 00:00:00 +0000CAS -- NSDL and CDSL versions for mutual fundshttps://v2.webnotes.in/cas-nsdl-cdsl-versions/Tue, 12 May 2026 00:00:00 +0000https://v2.webnotes.in/cas-nsdl-cdsl-versions/<p>India’s two depositories – the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) – each issue a version of the <a href="https://v2.webnotes.in/mutual-fund-cas/">Consolidated Account Statement (CAS)</a> that covers <a href="https://v2.webnotes.in/mutual-fund/">mutual fund</a> units held in demat form alongside listed equity shares, bonds, government securities, and other securities held in the same demat account. The depository CAS supplements, but does not replace, the RTA-generated CAS issued by <a href="https://v2.webnotes.in/cams-mutual-fund-statement/">CAMS</a> and <a href="https://v2.webnotes.in/kfin-mutual-fund-statement/">KFintech</a>, because the RTA CAS remains the authoritative source for physical folio-based mutual fund holdings.</p>Karvy Stock Broking pledge-misuse case (2019) and RTA implicationshttps://v2.webnotes.in/karvy-rta-pledge-misuse-2019/Tue, 12 May 2026 00:00:00 +0000https://v2.webnotes.in/karvy-rta-pledge-misuse-2019/<p>The <strong>Karvy Stock Broking pledge-misuse case of 2019</strong> was one of the most significant broker-client securities fraud incidents in Indian capital market history. Karvy Stock Broking Limited (KSBL), one of India’s largest equity brokers by client account count, was found to have pledged client securities held in client demat accounts, without the knowledge or authorisation of those clients, with banks and NBFCs to raise loans for the benefit of Karvy group companies, including its real estate arm. The total unauthorised pledges amounted to approximately Rs 2,873 crore, affecting approximately 95,000 client accounts. The episode prompted emergency regulatory action by the <a href="https://v2.webnotes.in/sebi-investment-management-department/">Securities and Exchange Board of India</a>, CDSL, and NSE, and raised specific governance concerns about the role of Karvy’s integrated registrar and transfer agent (RTA) business in the group’s operations.</p>Consolidated Account Statement (CAS) from CDSLhttps://v2.webnotes.in/cas-cdsl/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/cas-cdsl/<h2 id="overview">Overview</h2> <p>The <strong>Consolidated Account Statement</strong> (CAS) is a periodic statement issued jointly by <a href="https://v2.webnotes.in/cdsl/">CDSL</a> (Central Depository Services Limited) and <a href="https://v2.webnotes.in/nsdl/">NSDL</a> (National Securities Depository Limited) that consolidates all securities holdings and transactions across every demat account linked to a single PAN. It is delivered by email to the investor’s registered address and represents the most comprehensive view of an investor’s demat portfolio – spanning all brokers, all segments, and in the case of demat-mode mutual fund units, all fund houses.</p>Demat accounthttps://v2.webnotes.in/demat-account/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/demat-account/<p>A <strong>demat account</strong> (short for dematerialised account) is an electronic repository that holds an investor’s securities – shares, bonds, mutual fund units, government securities, exchange-traded funds, and sovereign gold bonds – in digital form rather than as physical certificates. In India, demat accounts are maintained by two central depositories, <a href="https://v2.webnotes.in/cdsl">CDSL</a> and <a href="https://v2.webnotes.in/nsdl">NSDL</a>, through a network of registered intermediaries called depository participants (DPs). Introduced following the Depositories Act 1996, the demat system eliminated the risks associated with physical share certificates – theft, forgery, loss in transit, and cumbersome transfer procedures – and became the foundation of modern Indian capital markets.</p>NSDL (National Securities Depository Limited)https://v2.webnotes.in/nsdl/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/nsdl/<p>The <strong>National Securities Depository Limited</strong> (NSDL) is India’s first securities depository, established on 8 November 1996 under the Depositories Act, 1996. NSDL holds securities in dematerialised (electronic) form on behalf of investors through a network of Depository Participants (DPs) and provides electronic clearing and transfer services for all major categories of securities including equity shares, bonds, debentures, government securities, units of mutual funds, exchange-traded funds (ETFs), and sovereign gold bonds.</p>Power of attorney and DDPI transitionhttps://v2.webnotes.in/poa-to-ddpi-transition/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/poa-to-ddpi-transition/<h2 id="overview">Overview</h2> <p>For most of the history of modern Indian securities markets, brokers obtained a power of attorney (POA) from clients as part of the account-opening process. The POA granted the broker broad authority to operate the client’s demat account, enabling the broker to debit shares for settlement of sale transactions without requiring the client to issue a separate instruction for each trade. While operationally convenient, the POA model created significant scope for misuse: brokers with POA access could, in principle, pledge or transfer client securities beyond the narrow purpose of settlement.</p>Statement of Holdings (SOH)https://v2.webnotes.in/statement-of-holdings/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/statement-of-holdings/<h2 id="overview">Overview</h2> <p>The <strong>Statement of Holdings</strong> (SOH) is a document issued by a depository – either <a href="https://v2.webnotes.in/cdsl/">CDSL</a> (Central Depository Services Limited) or <a href="https://v2.webnotes.in/nsdl/">NSDL</a> (National Securities Depository Limited) – through the client’s depository participant (DP, i.e., the stockbroker or bank acting as DP) that lists all securities currently credited to a specific demat account as of a given date. For clients of <a href="https://v2.webnotes.in/zerodha/">Zerodha</a>, which acts as a DP with <a href="https://v2.webnotes.in/cdsl/">CDSL</a>, the SOH is accessible through the CDSL Easi/Easiest portal and can also be requested through <a href="https://v2.webnotes.in/zerodha-console/">Zerodha Console</a>.</p>Statement of Transactions (SOT)https://v2.webnotes.in/statement-of-transactions/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/statement-of-transactions/<h2 id="overview">Overview</h2> <p>The <strong>Statement of Transactions</strong> (SOT) is a document issued by a depository – <a href="https://v2.webnotes.in/cdsl/">CDSL</a> or <a href="https://v2.webnotes.in/nsdl/">NSDL</a> – through the depository participant (DP) that records every credit and debit of securities in a specific demat account during a chosen period. It is the demat account’s equivalent of a bank account statement, showing the movement of securities rather than cash. For <a href="https://v2.webnotes.in/zerodha/">Zerodha</a> clients (whose accounts are on the CDSL platform in most cases), the SOT is available through the CDSL Easi portal and can also be generated through <a href="https://v2.webnotes.in/zerodha-console/">Zerodha Console</a>.</p>Zerodha Consolehttps://v2.webnotes.in/zerodha-console/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/zerodha-console/<p><strong>Zerodha Console</strong> is the back-office and portfolio-reporting portal operated by <a href="https://v2.webnotes.in/zerodha/">Zerodha</a>, India’s largest stockbroker by active client count, and is accessible at console.zerodha.com. Console provides <a href="https://v2.webnotes.in/zerodha/">Zerodha</a> clients with a consolidated view of their trading history, ledger statements, tax profit-and-loss reports, <a href="https://v2.webnotes.in/demat-account/">demat account</a> statements, and account management functions. It serves as the administrative complement to <a href="https://v2.webnotes.in/kite-zerodha/">Kite</a>, which is Zerodha’s order-execution interface.</p> <p>Console aggregates data across all segments in which a client trades, including NSE and BSE equities, equity futures and options, currency derivatives, commodity derivatives (MCX and NCDEX), and direct mutual fund units held through <a href="https://v2.webnotes.in/zerodha-coin/">Zerodha Coin</a>. The portal generates documents required for Indian income tax filing: the tradewise profit-and-loss report, the capital gains report covering both short-term and long-term gains, the F&O turnover statement for tax audit determination, and the full contract note archive going back to account opening.</p>Zerodha joint demat holdershttps://v2.webnotes.in/zerodha-joint-demat-holders/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/zerodha-joint-demat-holders/<p><strong>Zerodha joint demat holders</strong> refers to the arrangement under which a <a href="https://v2.webnotes.in/demat-account/">demat account</a> at Zerodha is opened in the names of two or three individuals jointly, as permitted under the Depositories Act, 1996 and the SEBI (Depositories and Participants) Regulations, 2018. In a joint demat account, up to three persons may hold securities in the account concurrently. The account is maintained by <a href="https://v2.webnotes.in/cdsl/">CDSL</a> or <a href="https://v2.webnotes.in/nsdl/">NSDL</a> under Zerodha’s depository participant (DP) registration. Joint demat accounts are commonly used by spouses, parents and adult children, or business partners who wish to co-own securities.</p>