Updated on: Jan 11th, 2022
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4 min read
It is not necessary to have a Demat account for investing in mutual funds. The only mandatory requirement is to complete the KYC formalities. Once you register your KYC with AMC or designated intermediaries, you need not re-submit the documents for future investments.
There are many ways through which one can invest in mutual funds :
Investing in mutual funds doesn't always require a Demat account; KYC is mandatory. Ways to invest include brokers, asset management companies, distributors, and net banking. Benefits of investing through BLACK include easy registration, zero fees, global accessibility, and customized plans. Direct mutual funds offer tax savings and 0% commission.