What is ISIN Number in a Demat Account? Meaning, Purpose & How to Find It

Introduction

If you’ve ever traded in stocks, bonds, or mutual fund schemes, you might have come across the term ISIN number. It plays a crucial role in the identification and management of securities in your Demat account. In this blog, we explain what an ISIN number is, why it matters, and how to find the ISIN linked to your investments.

What is ISIN Number?

ISIN stands for International Securities Identification Number. It is a unique 12-character alphanumeric code assigned to each financial security such as shares, bonds, debentures, and mutual fund units.

ISIN Meaning in Simple Terms:

An ISIN is like a security’s passport number. It uniquely identifies every stock or bond in your Demat account across the globe.

Structure of an ISIN Code A typical ISIN looks like this: INE123A01016

• First two characters: Country code (e.g., IN for India)
• Next nine characters: Unique security identifier
• Last character: Check digit for validation

Purpose of ISIN in a Demat Account

• Helps identify and track individual securities
• Used by depositories (NSDL/CDSL), brokers, and exchanges for smooth settlements
• Essential for issuing, transferring, and redeeming securities
• Ensures accuracy and avoids duplication in financial transactions

Where to Find ISIN in a Demat Account

1. Through Your Broker Platform

• Login to your trading or Demat portal
• Go to holdings or portfolio section
• Click on a specific security to view its ISIN

2. NSDL/CDSL Statement

• Your periodic Demat statement (email or downloaded) will list securities with corresponding ISINs

3. Company Filings or Mutual Fund Factsheets

• Visit the company’s investor section or AMFI for ISIN references

4. NSDL & CDSL Website Search

• Use the ISIN search tool on nsdl.co.in or cdslindia.com

Why ISIN Is Important for Investors

• Required for transfers and pledges in the Demat system
• Helps in tracking and reporting holdings accurately
• Used in corporate actions like bonus issues, rights, dividends
• Prevents fraud by ensuring precise identification of securities
   

The option of investing in mutual fund schemes has been made even more accessible with the introduction of 3-in-1 accounts that provide the functions of Demat, savings, and trading account. However, opening a Demat account is also relatively easy and hassle-free.

You may also invest through an Demat + Trading Account

• You must log on to Demat+Trading Account
• You then select the mutual fund house from the list of fund houses
• Pick the mutual fund scheme based on your investment objectives and risk tolerance and click on Invest now
• You must select the amount you plan to invest in the mutual fund scheme and the mode as either One Time or Monthly SIP.
   

One can also buy mutual funds units through NSE – MFSS and BSE - StAR MF just like a company stock. To avail this facility, one must complete a one-time online registration with NSE or BSE, as the case may be. For more information on NSE – MFSS and BSE - StAR MF, please visit www.nseindia.co / www.bseindia.com

Further, ISIN also forms part of each and every mutual fund scheme.

(Please note that it may vary as per brokers requirements, thereby you are recommended to seek advice from financial advisor before you take any/refrain from any action)

Conclusion

The ISIN number is a critical identifier in your Demat account, helping you and your depository distinguish each security with precision. Knowing how to find ISIN and understanding its purpose can improve how you track and manage your investments.

Additional links:

What is a Mutual Fund? - Beginner's Guide to Investing

AMFI - Introduction to Mutual Funds

Know everything about SIP

How to open an Trading Account

Let’s Learn How to Invest in Securities Market