General

What are the benefits of holding Mutual Fund units in demat?

Following are the benefits of holding Mutual Fund units in demat mode:
• View your Mutual Fund units in digitized form along with investments in stocks, ETFs, bonds, etc. in one single place.
• Get a consolidated statement for your all your stock, mutual funds, ETFs and bond investments (DP Holdings Statement).
• Transfer of mutual fund units & Transmission (in case of death) of mutual fund units to nominee is easier in demat form.