BouncyTaco
BouncyTaco

Platforms for Mutual Fund Investment without demat account

Hey fellow grapeviners I am looking for reliable platform recommendations to invest in mutual funds which DO NOT require opening a demat account like ET Money). Platforms like zerodha coin, groww and paytm money open demat account by default which I don’t want. Would want to know more such platforms and their credibility. Thanks!

21mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
FluffyCupcake
FluffyCupcake
Amazon20mo

I am using Groww for multiple years without a need of demat with the same operator. You should check it again. Found it easier to monitor/manage MFs on Groww.

BouncyTaco
BouncyTaco

how did you get it without demat? i called their customer care but they told it is not possible to open a mutual fund only account.

SnoozyWaffle
SnoozyWaffle

they open demat account,but that is not used to do mutual fund investments. Also, that demat account doesn't have any opening and annual charges.

I think Paytm Money works without a demat account.

You can checkout kuvera. They are good.

Also if these platforms close, nothing will happen to your mutual fund units. They are safe with mutual fund company.

You can also check out mfu online.But their UX is pretty bad.

SwirlyNoodle
SwirlyNoodle

Kuvera. Using for several years

BouncyTaco
BouncyTaco

is it reliable?

BouncyBurrito
BouncyBurrito

INDMoney

BouncyTaco
BouncyTaco

platform experience if any?

BouncyPancake
BouncyPancake

MF central , Kuvera, directly from MF is also an option

BouncyTaco
BouncyTaco

mf central reviews?

WigglyDonut
WigglyDonut

FI. It is basically a savings account and with options to directly invest in MF

Discover more
Curated from across
Personal Finance
by SwirlyCoconutGojek

A good investment platform for a beginner?

I'm a total newbie at investments, especially when it comes to the stock market (equity or mutual funds). I'm wanting to start my journey in this direction with mutual funds, so I can gradually understand the dynamics at work. I'd like t...

Personal Finance
by MagicalQuokkaSoftware Developer

Best mutual funds app for India

Which mutual fund investment apps would you recommend that offer good control over invested funds? Why would you recommend it?

On the contrary, which apps should I avoid at all costs?

Top comment
user

If you will ask so many questions in a single post, chances are most people will ignore it. 😛 Btw, you can use ...

Personal Finance
by SillyDonutTCS

Best Direct Sips

One of my relatives wanted to invest in SiPs.

Asked my help coz am into direct stocks buying and USA market also. ( Made 10x in last 8y)

So, i checked his phone and got only Paytm and phonepe through which I could have subscribed s...

Post image
News Discussion
by GigglyTacoCisco

Need suggestion for SIP

Helllo All . I am a newbie in mutual fund investment.
Need suggestion to start SIP . Which is best reliable app in context of UI , overall stability , buying and withdrawal, consistancy

Below are few options I have explore till now ...