I don’t know if this point was discussed in the thread before, but the opening of new demat accounts need not be from new participants in the market, it could be a combination of existing participants who are opening accounts with different brokers, along with newcomers. Many people have more than 1 demat account, and some of those accounts are dormant, the accounts are not used as they are opened just to check the features of a broker, and if unsatisfied are not used again. So I am guessing CDSL benefits from new accounts opening but the benefit does not get extended if the accounts are not used further.
And I think many brokers publicize that there are no AMC charges, so if a part of those charges goes to CDSL, it will not get this.
Just sharing what I am thinking, no investment.
| Subscribe To Our Free Newsletter |
