One Response to “Do i need demat account to buy mutual fund online?”

  1. Bhavesh Patel says:
    September 3, 2010 at 1:38 pm

    First thing is you do not need Demat Account at all to buy a mutual fund.

    Second thing, you can not buy all mutual funds online yet. So you will have to buy it offline.

    To buy the mutual fund i would advice you to go for the good advisor. He will recommend a scheme most suitable to you. You can also approach citibank for this service. They also sell mutual funds. But i would suggest you to buy a fund from the AMFI Certified person around you. It would prove benifitial in the long run and you will get the post sale services from him.

    Bhavesh Patel,
    AMFI Certified Mutual Fund Advisor and Financial Planner
    http://www.brpatel.com