🏛️ Chapter 2: The Market System and Your Accounts

🎯 In this chapter

SEBI, exchanges, RTAs, KYC and what apps like Groww really are.

Units in this chapter

1. Who's Who in Indian Markets - Meet the regulators, exchanges, depositories and institutions that keep Indian markets running.
2. RTAs and the Money Trail - Learn what KFintech and CAMS do, what a folio is, and where your money goes when you invest in a mutual fund.
3. KYC and Your Accounts - Understand PAN, KYC/CKYC, and the difference between bank, demat, trading accounts and folios.
4. What Apps Like Groww Really Are - Understand broker, distributor and aggregator apps, how they earn, direct vs regular plans, and what an app can and cannot protect.

📖 How to read

Go in order. Every new term is explained the first time it appears, and each unit ends with a keywords table.