No. Your mutual fund units are held directly at the Mutual Fund Company so you don’t need a demat account.
And there is no fee for holding mutual funds. We do not charge you anything for making transactions through Clearfunds.
Do I need a demat account to buy Mutual Funds? Is there a fee to hold Mutual Funds?
Modified on: Mon, 23 Apr, 2018 at 6:01 PM
Did you find it helpful? Yes No
Send feedbackSorry we couldn't be helpful. Help us improve this article with your feedback.