Ask Value Research

Can I buy direct plan MFs through a demat account?

Investment in mutual funds through demat account is not direct plans

I have a demat account with my bank and I use their trading portal to buy mutual funds. I have chosen the Regular plans for my current investments. Could I have chosen the Direct plans?
-Sahon Bhattacharyya

At present, it is not possible to buy direct plans using a demat account. You can purchase direct plans online from the websites of fund houses or by submitting your application form at their investor service centres.

This article was originally published on December 05, 2016.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month