{"id":1330,"date":"2024-04-23T05:23:50","date_gmt":"2024-04-23T05:23:50","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1330"},"modified":"2026-03-02T19:26:38","modified_gmt":"2026-03-02T19:26:38","slug":"why-should-mutual-funds-kept-in-a-demat-account-what-are-its-benefits","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/23\/why-should-mutual-funds-kept-in-a-demat-account-what-are-its-benefits\/","title":{"rendered":"Why should mutual funds kept in a demat account? What are its benefits?"},"content":{"rendered":"\n

It is a myth that Mutual Funds needs a demat account. You lose about Rs 350 \/ year to charges, and also pay a similar amount for \u201copening charges\u201d. So net net, you incur a few thousand rupees.<\/p>\n\n\n\n

3 Reasons why a Mutual Fund investor must avoid demat platforms:<\/strong><\/p>\n\n\n\n

  1. The simple math above, i.e. extra cost of few thousand rupees<\/li>
  2. Demat platforms are about transaction and not about high quality advice. If you want a solution that has ability to manage your financial plan, help select funds and get the transaction done, there are better choices. (Disclosure: i am founder of one such:\u00a0Maxiomwealth<\/a> \u00a0)<\/li>
  3. Mutual Funds are already dematerialised. The Registrar & Transfer Agency and the Mutual Fund Asset Management Company (AMC) already process everything in an electronic form for you.<\/li><\/ol>\n\n\n\n\n
    \n

    Maxiom Wealth \u2014 Free Tool<\/p>\n

    Is Your Mutual Fund Working Hard Enough?<\/h3>\n

    Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.<\/p>\n Compare Funds \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

    It is a myth that Mutual Funds needs a demat account. You lose about Rs 350 \/ year to charges, and also pay a similar amount for \u201copening charges\u201d. So net net, you incur a few thousand rupees. 3 Reasons why a Mutual Fund investor must avoid demat platforms: The simple math above, i.e. extra… Read More »Why should mutual funds kept in a demat account? What are its benefits?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,49],"tags":[],"class_list":["post-1330","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-platforms-and-demat-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1330"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1330\/revisions"}],"predecessor-version":[{"id":3560,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1330\/revisions\/3560"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}