THE WHY AND HOW OF MUTUAL FUND DEMATERIALISATION

THE WHY AND HOW OF MUTUAL FUND DEMATERIALISATION

Are you still holding your mutual fund units in Physical form? Do you know you can hold the units in your Demat account? Demat account can offer many advantages like getting a consolidated view of your investments in one place. Since you may hold your mutual fund investments with various mutual fund houses, availing services from various RTAs, tracking and investing among AMCs can become cumbersome over time. De-materialization: converting physical shares and mutual funds into electronic form that can be held in your Demat Account without the fear of misplacing or damage of the physical certificates. However this is not the case with mutual fund units …

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