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	<title>How to invest safely and responsibly &#8211; Paytm Money Blog</title>
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		<title>How to invest safely and responsibly2 min read</title>
		<link>https://www.paytmmoney.com/blog/how-to-invest-safely-and-responsibly/</link>
		
		<dc:creator><![CDATA[Pratik]]></dc:creator>
		<pubDate>Fri, 29 Jul 2022 07:25:52 +0000</pubDate>
				<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Stocks]]></category>
		<guid isPermaLink="false">https://www.paytmmoney.com/blog/?p=3585</guid>

					<description><![CDATA[<p>Who would’ve thought, 30 years ago, that investing could be at the tip of our fingers? Convenient? Of course. But we also have to be careful. Here are some best practices that investors need to follow: Tracking and protecting your demat account Register on CDSL&#8217;s Easi portal to monitor your demat account. You can also  ...</p>
<p>The post <a rel="nofollow" href="https://www.paytmmoney.com/blog/how-to-invest-safely-and-responsibly/">How to invest safely and responsibly&lt;span class=&quot;wtr-time-wrap after-title&quot;&gt;&lt;span class=&quot;wtr-time-number&quot;&gt;2&lt;/span&gt; min read&lt;/span&gt;</a> appeared first on <a rel="nofollow" href="https://www.paytmmoney.com/blog">Paytm Money Blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Who would’ve thought, 30 years ago, that investing could be at the tip of our fingers? Convenient? Of course. But we also have to be careful.</span></p>
<p><span style="font-weight: 400;">Here are some best practices that investors need to follow:</span></p>
<p><b>Tracking and protecting your demat account</b></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Register on CDSL&#8217;s </span><a href="https://web.cdslindia.com/myeasinew/Registration/EasiRegistration" target="_blank" rel="nofollow"><span style="font-weight: 400;">Easi portal</span></a><span style="font-weight: 400;"> to monitor your demat account. You can also register for CDSL&#8217;s SMS Alert facility &#8211; SMART to obtain alerts for debits, pledge creation, change in nominee etc.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Do not share login credentials of demat account, Easi, Easiest, e-DIS, etc with anyone. Keep unique and strong passwords and change the password at regular intervals.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Do not share One Time Passwords (OTP) received from us or CDSL. </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Inform us about any change in the personal information (such as Bank Account details, email ID, Mobile number) linked to your demat account. </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Do not download any unknown applications on your phone, laptop or any other device. There is a risk of such applications accessing your confidential data.</span></li>
</ul>
<p><b>Reporting unauthorized transactions</b></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">If you receive an SMS/email for a transaction not executed by you, do inform us or CDSL immediately.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">You have the option of freezing the Demat account if you haven’t used it for a long time. </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Before granting Power of Attorney (PoA) to anyone, to operate your demat account, carefully examine the scope &amp; implications of powers being granted.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Ensure that you receive your holding and transaction statements periodically. You are entitled to receive a transaction statement every month if you have any transactions.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Check your demat account statement on receipt. In case you notice any unauthorized debits or credits, contact your us for clarification. If not resolved, you may lodge your complaint by visiting </span><a href="http://www.cdslindia.com/" target="_blank" rel="nofollow"><span style="font-weight: 400;">www.cdslindia.com</span></a><span style="font-weight: 400;"> &gt; Post Your Grievances (</span><a href="https://www.cdslindia.com/Footer/grievances.aspx" target="_blank" rel="nofollow"><span style="font-weight: 400;">https://www.cdslindia.com/Footer/grievances.aspx</span></a><span style="font-weight: 400;">).</span></li>
</ul>
<p><span style="font-weight: 400;">You can read the CDSL’s </span><a href="https://www.cdslindia.com/Publications/Communique.aspx" target="_blank" rel="nofollow"><span style="font-weight: 400;">circular</span></a><span style="font-weight: 400;"> (dated July 20, 2022) on this subject here. Remember, create wealth carefully!</span></p>
<p>The post <a rel="nofollow" href="https://www.paytmmoney.com/blog/how-to-invest-safely-and-responsibly/">How to invest safely and responsibly&lt;span class=&quot;wtr-time-wrap after-title&quot;&gt;&lt;span class=&quot;wtr-time-number&quot;&gt;2&lt;/span&gt; min read&lt;/span&gt;</a> appeared first on <a rel="nofollow" href="https://www.paytmmoney.com/blog">Paytm Money Blog</a>.</p>
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