Do I need a Demat account? How is a MobiKwik Money account different from a Demat account?

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Do I need a Demat account? How is a MobiKwik Money account different from a Demat account? Print

Modified on: Tue, 13 Jul, 2021 at 5:25 PM

You don’t need a Demat account to invest in mutual funds and MobiKwik Money does not open one for you.

Your holdings in a fund are directly maintained electronically in an account/folio with the Mutual Fund Companies. You will also receive regular statements separately from each of the Mutual Fund Companies you invest with.

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Do I need a Demat account? How is a MobiKwik Money account different from a Demat account? Print

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