how to invest in mutual funds without demat account:

Stockquantum15 Mar, 2020Finance

You can buy MFs through a distributor, directly through a fund house's website or through your broker on stock exchanges. Earlier, to buy through an exchange, a demat account was necessary. But now you can transact in MFs on exchanges (via a registered adviser or a broker) without opening a demat account. hrough transfer agents like CAMS, KARVY, etc. First of all for mutual fund investment, Demat account is not required. Demat Account is required when you are doing trading, investing in shares or stocks. And before investing in mutual funds you need your KYC approved, then only you are able to invest in mutual funds.This is the way that we invest in mutual funds without demat account.