Demat & Trading Account

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I want to buy, retain and sell mutual fund units online.  What are the accounts to be opened and how to do it ?

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Tags: asked February 2, 2012

2 Answers

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You can do this with any of the players offering these services online such as ICICI direct, Moneycontrol, aditya birla money, etc.
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There is no need to open demat or trading account for buying mutual fund units. You can directly buy from mutual fund site without involving any body or if you want to have all investment under one roof than you can open with any of the service provider as said above. HDFC securities and NJ funds are also providing this. Kindly check is there any extra cost for doing online with them. 

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