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Is a demat account needed for investing in mutual fund? |
Is a demat account needed for investing in mutual fund? No Demat Account is not necessary for investing in mutual funds. Not at all. But for investment above 50,000 you need Pan Card. demat accounts are compulsory only for trading in securities. otherwise it is only a convenience. no. not at all cases invest in mutual funds u need a deamt accout but u should get the pan card from the income tax authorities NO NEVER EXCEPT FEW WHICH ARE LISTED IN STOCK EXCHANGE & YOU SELL IT ON EXCHANGE for that case it required otherwise not Demat Account is not needed to do investments in Mutual funds. no. no. u just need pancard U dont need a Dmat account for investing in Mutual funds. U need a PAN card for investments . Even a small investment like rs 500 need a pan card yes |
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