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Investing Through Brokers

An investor is justified in being wary of threats thereof

I would like to know whether investing in mutual funds through brokerage services such as icicidirect.com is safe? What happens if the brokerage closes down?
-    Abhijit Saha

It is safe to invest through brokerage services, though precautions related to online transactions need to be followed. Your investments are made with the fund house and the brokerage service only facilitates the whole process. Your investments will not be affected if the distributor or broker closes down.

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