Many investors open multiple Demat accounts over time. You may start with one broker and later open accounts with another broker for better brokerage, research tools, or investment features.

While having multiple accounts is allowed in India, managing them separately can become confusing. Investors may lose track of their holdings, forget about inactive accounts, or miss important portfolio updates.

Fortunately, there are simple ways to track all your Demat accounts in one place.

In this guide, we explain how to monitor multiple Demat accounts using depository services, broker platforms, and portfolio tracking tools.

If you are new to stock market investing, you can first read our guide on How to Start Investing in Stock Market with ₹1000.

What Is a Demat Account?

A Demat account is used to store your shares and securities in electronic format.

Instead of holding physical share certificates, investors now store their investments digitally through a Demat account.

A Demat account works together with:

• Trading account (for buying and selling stocks)
• Bank account (for transferring funds)

If you want a detailed explanation, read our guide on What Is a Demat Account.

Why Investors Have Multiple Demat Accounts

Many investors maintain more than one Demat account for different reasons.

Common reasons include:

• Using different brokers for trading and investing
• Accessing better brokerage plans
• Using separate accounts for long-term investments
• Testing new trading platforms

In India, it is perfectly legal to maintain multiple accounts with different brokers.

You can learn more in our guide on How Many Demat Accounts Can a Person Have in India.

Problems With Multiple Demat Accounts

Although having multiple accounts can be useful, it also creates several challenges.

1. Portfolio Tracking Becomes Difficult

Investments are spread across multiple accounts, making it harder to track total holdings.

2. Risk of Inactive Accounts

Investors may forget about unused accounts.

You can read more about this in What Happens If a Demat Account Becomes Inactive.

3. AMC Charges

Some brokers charge annual maintenance fees even if the account is not actively used.

4. Missed Notifications

If you do not regularly check all accounts, you may miss important alerts or statements.

Because of these reasons, investors should track their Demat accounts regularly.

How to Track All Demat Accounts in One Place

There are several ways to manage multiple Demat accounts effectively.

1. Use NSDL Consolidated Account Statement (CAS)

One of the easiest ways to track all your investments is through the Consolidated Account Statement (CAS).

CAS is issued by depositories such as:

• NSDL
• CDSL

This statement provides a complete summary of your securities across all Demat accounts linked to your PAN.

Information Available in CAS

CAS is usually sent to investors monthly through email.

2. Use CDSL Easi or Easiest Services

CDSL provides online tools that allow investors to monitor their Demat accounts.

Two services are available:

CDSL Easi

This service allows investors to:

• View holdings
• Track transactions
• Monitor account activity

CDSL Easiest

This advanced service allows additional features such as:

• Online share transfers
• Portfolio tracking

These tools help investors manage their securities more easily.

3. Use Portfolio Tracking Apps

Several apps allow investors to track all their investments in one place.

Popular portfolio tracking platforms include:

• Value Research
• Tickertape
• INDmoney
• Moneycontrol

These platforms allow investors to connect multiple accounts and track:

• total portfolio value
• profit and loss
• sector allocation
• stock performance

4. Track Investments Using PAN Number

Another method is tracking investments through your PAN number.

Since Demat accounts are linked to PAN, depositories use it to generate consolidated statements.

This allows investors to monitor all securities held under the same PAN.

5. Use Broker Portfolio Tools

Many brokers provide built-in portfolio tracking dashboards.

These tools help investors view:

• investment value
• profit and loss
• asset allocation
• stock performance

However, these dashboards only show investments held within that specific broker account.

Best Method for Tracking Multiple Demat Accounts

Among all methods, the Consolidated Account Statement (CAS) is the most reliable option.

It provides a complete view of your investments across all accounts linked to your PAN.

Advantages include:

✔ automatic monthly statements
✔ complete portfolio overview
✔ covers multiple brokers

This makes CAS the easiest way to monitor all investments.

How to Get Consolidated Account Statement

Investors can receive CAS automatically or request it manually.

Automatic CAS

If you have transactions during the month, the statement is sent automatically.

Request CAS Online

You can also request CAS through:

• NSDL website
• CDSL website

After verification, the statement will be sent to your registered email.

Tips for Managing Multiple Demat Accounts

Managing multiple accounts becomes easier with proper organization.

Follow these tips.

Maintain a Portfolio Spreadsheet

Create a simple spreadsheet that tracks:

• stocks held
• purchase price
• quantity
• current value

Avoid Unused Accounts

Close accounts you no longer use to avoid unnecessary charges.

You can read the full process in How to Close a Demat Account in India.

Update Contact Details

Make sure your email and phone number are updated in all accounts.

Review Portfolio Regularly

Check your holdings at least once every month to stay informed about your investments.

Is It Safe to Have Multiple Demat Accounts?

Yes, having multiple Demat accounts is safe as long as they are registered with SEBI-regulated brokers.

Your securities are stored with depositories such as:

• NSDL
• CDSL

These institutions ensure the safety of your investments.

Final Thoughts

Tracking multiple Demat accounts can become difficult if your investments are spread across different brokers. However, using tools such as the Consolidated Account Statement (CAS), depository services, and portfolio tracking apps can simplify the process.

By regularly monitoring your investments and organizing your accounts properly, you can maintain better control over your portfolio and avoid unnecessary complications.

If you are planning to open a new account, you may also want to explore our guide on Best Demat Account for Beginners in India to choose the right broker.

Frequently Asked Questions

Can I track multiple Demat accounts with one PAN?

Yes. All Demat accounts linked to your PAN can be tracked using the Consolidated Account Statement.

Is it legal to have multiple Demat accounts?

Yes. Investors can open multiple Demat accounts with different brokers.

How can I check all my Demat holdings?

You can check your holdings using the Consolidated Account Statement provided by NSDL or CDSL.

Can I track Demat accounts through mobile apps?

Yes. Portfolio tracking apps allow investors to monitor multiple accounts and investments.

Should I close unused Demat accounts?

If you no longer use an account, closing it may help avoid unnecessary AMC charges.