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Hello, everyone Here i need a suggestion about my investing. I want invest in mutual funds so just tell should i need demat account for it also ? I m little confused about this so, if suggest me then it'll help me so much. Plz give me ur suggestion as soon as possible m waiting :)/.........
No jay , u don't need a DEMAT A?C for investment in mutual funds. Anyone can invest in Mutual funds , but if u want to invest in share markets u will definitely need a Demat a/c
Thnx ravinder ! for reply me ! nd it is clear that for investing in share market then i have to open a demat account first. ! Thnx once again ! :)
There are many investors who are often in confusion whether they need a DEMAT account to invest in the mutual funds. The answer is “No”. You do not need a DEMAT account to invest in mutual funds or sell the units that you have purchased.