Your shares are held in your own demat account, in your name — not in a Rupeezy account. Your trading funds are kept separate from Rupeezy's own money under SEBI rules. And for mutual funds, no money comes to Rupeezy at all — it moves straight between your bank and the fund house. (This is about the safety of your money and shares, not about market risk — prices still rise and fall.)
Where are my shares held?
In your own demat account with the depository (NSDL), recorded in your name — Rupeezy doesn't pool them into a broker account. When you sell, the exact quantity is blocked for settlement inside your own demat, and the depository messages you when it happens. See Why did NSDL send me an SMS and email about blocking my securities for pay-in? Rupeezy can only debit your shares with your DDPI authorisation — see Why does Rupeezy ask for a DDPI?
What about my trading funds?
SEBI rules require Rupeezy to keep client funds separate from its own — your money can't be used for the broker's purposes or another client's obligations. Funds you aren't using for trades or margins are returned to your bank periodically under running account settlement, and you get a statement of your balance to check. See Why does Rupeezy email a weekly statement? The exchange also confirms your balance to you directly, so you can verify it independently — see Why was an email and SMS sent by the clearing corporation about my fund allocation?
And for mutual funds?
For mutual funds, no money is held by Rupeezy at any stage. Rupeezy is a Mutual Fund Distributor — when you invest, your payment is routed through BSE to the fund house (AMC); when you redeem, the AMC pays out straight to your registered bank account. Rupeezy only lets you place and track the order. See What is the mutual funds platform on Rupeezy? and When will the amount be credited to my bank account after redeeming a mutual fund?
Things to keep in mind
- Your shares are in your name, in your own demat, and move only with your DDPI authorisation.
- Your trading funds are kept separate from the broker's own money, and you can verify your balance from both Rupeezy and the exchange.
- Mutual fund money never sits with Rupeezy — it moves between your bank and the AMC.
- This is about custody, not losses. The market value of what you hold still moves, and that risk stays with you.