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Advait Arora | Answer |Ask -Follow

Financial Planner - Answered on Aug 07, 2023

Advait Arora has over 20 years of experience in direct investing in stock markets in India and overseas.
He holds a masters in IT management from the University Of Wollongong, Australia, and an MBA in marketing from Charles Strut University, NewCastle, Australia.
Advait is a firm believer in the power of compounding to help his clients grow their wealth.... more

Question by Ashok on Jul 28, 2023Hindi

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I have closed my Demat account, How to get back my portfolio no ?

Ans: you will have to speak to your demat company

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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I have trading and demat account with karvy stock broking ltd .Karvy has transferred few stocks to nsdl demat account and most of the shares are in their pool account. Now karvy has been declared defaulter. Now I opened demat account in Kotak Mahindra and Zerodha. Sir my query is: 1. Can I get my money back? 2. Is there any option to sell these stocks directly? 3. As offices of karvy has been closed they run away how can these stocks will transfer to other demat account? 4. Is there any service provider paid or free who can help me? Sir I am from small city and also not having any support/ knowledge to resolve this issue. I will be very grateful for your suggestions.

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Sir Isubmit to inform that my portfoiio was not displayed in my portfolio account . Inthis connectiom I request that how my portfolio was restored. please inform to me who restored my portfolio and any contact Number who I ask to restore my portfolio

Ans: Kindly keep in touch or call upon concerned bank officers, where your D-Mat account is maintained. They are duty bound to help you.
Most welcome for any further clarifications. Thanks.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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