Do we need a Demat Account for Mutual Funds?
5paisa Research Team
Last Updated: 28 Jan, 2025 02:25 PM IST
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Content
- Do We Need a Demat Account to Invest in Mutual Funds?
- Ways to Invest in Mutual funds without opening a Demat Account
- How to Invest in Mutual Funds via a Demat Account?
- Conclusion
Mutual funds have emerged as one of the favorite investment tools, offering an effortless way for investors to grow their wealth without the need for constant monitoring. In November 2024, the mutual fund industry continued its remarkable trajectory, with assets under management (AUM) reaching an impressive ₹68.08 lakh crore, marking a steady 1.22% growth compared to the previous month. This marks 45 months of positive equity inflows since March 2021. With multiple ways to invest in mutual funds one question persists: do you need a demat account for mutual funds? Let’s find out.
More About Demat Account
- How to Check Your Demat Account Status
- What is Demat Debit and Pledge Instruction(DDPI)?
- Loan Against Shares
- How to Find Demat Account Number from PAN
- How to fill a Dematerialisation Request Form
- Dematerialization of Shares: Process and Benefits
- What Is DP ID In The Demat Account
- What Is Dematerialization of Shares?
- What Is a Demat Account Holding Statement?
- Low Brokerage Charges in India
- Best Demat Account for Beginners in India
- Do we need a Demat Account for Mutual Funds?
- Aims and Objectives of Demat Account
- What is BO ID?
- What is a bonus share?
- How to Close Your Demat Account Online
- How to Open Demat Account Without Aadhaar Card
- Open Demat Account Without A PAN Card - A Complete Guide
- Myths & Facts about Demat Account
- What is Collateral Amount in Demat Account?
- What Are DP Charges?
- How to Link Aadhaar Number With Demat Account?
- How to Convert Demat to BSDA?
- Dos and Don'ts of Demat Account
- Difference between NSDL and CDSL
- Advantages and Disadvantages of Opening a Demat Account
- Loan Against Demat Shares- 5 Things to know
- What is NSDL Demat Account?
- NRI Demat Account Opening Process
- What is a Basic Service Demat Account?
- How to Transfer Money from Demat Account to Bank Account
- How to Find Demat Account Number?
- How to Buy Shares through Demat Account?
- How many Demat Accounts one can have?
- Demat Account Charges Explained
- Eligibility to Open a Demat Account
- How to Transfer Shares from One Demat Account to Another?
- Types of Demat Account in India
- Dematerialisation & Rematerialisation: Meaning and Process
- Difference between Demat and Trading Account
- How to add nominee in Demat Account - A Guide
- How To Use Demat Account? - An Overview
- Benefits of a Demat Account
- Documents Required to Open a Demat Account
- How to Open Demat Account Online?
- What is Demat Account? Read More
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.
Frequently Asked Questions
SIPs require you to first register with an Indian broker or financial advisor before you can begin investing.
You can invest in a mutual fund without a Demat account in the following ways.
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Broker
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Asset Management Company
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Offline and online distributors
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By net banking
Online investing in mutual funds is possible through the websites of the respective funds.