1. Vision
Towards making Indian Securities Market - Transparent, Efficient, & Investor friendly
by providing safe, reliable, transparent and trusted record keeping platform for
investors to hold and transfer securities in dematerialized form.
2. Mission
• To hold securities of investors in dematerialised form and facilitate its transfer,
while ensuring safekeeping of securities and protecting interest of investors.
• To provide timely and accurate information to investors with regard to their holding
and transfer of securities held by them.
• To provide the highest standards of investor education, investor awareness and
timely services so as to enhance Investor Protection and create awareness about
Investor Rights.
3. Details of business transacted by the Depository and Depository Participant
(DP)
A Depository is an organization which holds securities of investors in electronic form.
Depositories provide services to various market participants - Exchanges, Clearing
Corporations, Depository Participants (DPs), Issuers and Investors in both primary
as well as secondary markets. The depository carries out its activities through its
agents which are known as Depository Participants (DP). Details available on the
link [https://nsdl.co.in/dpsch.php]
4. Description of services provided by the Depository through Depository
Participants (DP) to investors
(1) Basic Services
Sr.no |
Brief about the Activity / Service |
Expected Timelines for processing by the DP after receipt of proper documents |
1. |
Dematerialization of securities |
7 days |
2. |
Rematerialization of securities |
7 days |
3. | Mutual Fund Conversion /
Destatementization | 5 days |
4. |
Re-conversion /
Restatementisation of Mutual
fund units |
7 days |
5. |
Transmission of securities |
7 days |
6. |
Registering pledge request |
15 days |
7. |
Closure of demat account |
30 days |
8. |
Settlement Instruction Depositories |
Depositories to accept physical DIS for pay-in
of securities upto 4 p.m. and DIS in electronic
form upto 6 p.m. on T+1 day |