Hi,
Zerodha provide as per my thought only CDSL account.
Why not NSDL?
What is actual comparison between these two?
Zerodha is a depository participant(DP) with CDSL which is the depository. Before this, Zerodha had their Demat services with ILFS who was a DP with NSDL.
A broker has to be a DP with either one of the depositories so when you buy shares, they can be stored electronically in Demat form. So they are a safe keeper for your shares. And they also facilitate transfer of shares electronically.
1 Like
For you, as an investor, it makes 0 difference.
2 Likes
NSCL and CDSL are like banks where your holding are stored in e-lockers.
1 Like
Huge difference in CAS statements of NSDL & CDSL. NSDL CAS is way good. CDSL CAS is flop…
1 Like
@PR4575- Thanks for sharing that there’s a difference between the CAS statements of NSDL & CDSL. Never thought about that; for me, these two entities were like twin brothers (i.e. hard to differentiate) 
For those wondering what CAS is, it’s Consolidated Account Statement- a consolidated view of portfolio across asset classes.
Cheers!
Neha
NSDL provides a detailed CAS whereas I haven’t got any CAS from CDSL yet. 
1 Like