Fw: Demat Account is not only for shares

- Are you aware ???   Demat Account is not only for Shares   As you are aware, a Demat Account is mandatory for safe keeping 'Shares'. Whether you buy shares from the market or apply IPOs, a Demat Account is compulsory.  But today the scope of Demat Account has gone beyond "Shares".    1.       Mutual Funds:  Now, you can invest in Mutual Fund Schemes through our NSE terminals ( as you are buying shares ) and the units will get credited into your Demat account. No need for too many statements from various fund houses. A single Demat account will take care of all your MF investments.    2.       Corporate Bonds / NCDS:  Popular Companies are coming out with IPOs of Bonds / NCDs with very attractive interest rates. These Bonds / NCDs are offered only in electronic form.  So, without a Demat Account, you cannot apply these IPOs.    3.       Gold ETFs:  This is supposed to be the easy, cost effective and safest way to invest in Gold. Because of its advantages, more and more investors are going for Gold ETF rather than buying actual Gold. Again, for buying Gold ETF, you need a Demat Account.   4.      Long-term Infrastructure Bonds:  In the recent budget, the Finance Minister has announced a special income tax rebate, wherein investment made upto Rs.20,000/- in Bonds issued by Infrastructure Companies, will be eligible for IT benefit u/s 80CCF. These Bonds also can be subscribed in the Demat mode.   In short, Demat Account has become inevitable for any investor.   "Integrated" is providing Demat services for more than 2 lacs of satisfied investors since last 12 years.   For further informations and account opening procedures, kindly contact your nearest branch of Integrated. For list of branches visit http://www.iepindia.com/contact.aspx    Regards, Integrated Enterprises (India) Ltd.,