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Can't Invest with Cash

You cannot invest in a mutual fund with cash. Find out the requirements to invest in mutual funds…

Can we buy mutual funds in a lump sum amount with cash worth Rs 2 lakh to Rs 2.5 lakh?
- Naresh Gupta

No, you can't invest in mutual funds through cash. To invest in mutual funds, it is mandatory that you have a bank account and have fulfilled the Know Your Customer (KYC) regulations, which would require a Permanent Account Number (PAN).

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