You can invest in mutual funds without a demat account by submitting physical application forms to the fund house or through online banking platforms.
However, having a demat account offers several advantages, such as enhanced convenience, better security, and easier access to your investments.
A demat account allows you to hold your mutual fund units in electronic form, making it simpler, safer, and faster to track and manage your investments.
Ways to Invest in Mutual Funds Without a Demat Account
Through AMC Websites
You can invest directly through the official websites of Asset Management Companies (AMCs). Most AMCs allow online investments via net banking, UPI, or auto-debit.
Through Registrars like CAMS & KFintech
You can register and invest in multiple mutual funds from different AMCs using platforms like CAMS, KFintech, or MF Central.
Through Mutual Fund Distributors or Agents
Registered mutual fund distributors can help you invest by handling documentation and transactions on your behalf.
Via Banks (Directly or Through Their Portals)
Many banks offer mutual fund investment services through their online banking portals.
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