Glossary
/NSDL Full Form
What is the Full Form of NSDL?
The full form of NSDL is National Securities Depository Limited.
It is actually the oldest depository in the country, introduced back in 1996 to push India toward paperless trading. Just like CDSL, it holds your mutual funds and bonds in a digital locker so you don't have to worry about losing physical documents. Brokers usually route NSDL accounts with a 'DP' prefix. Whenever you trade on the stock exchange, NSDL works silently in the background to update your holdings without you even noticing.
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