Very Important query

#11
Thanks everyone for your valuable comments. It was the first time I was investing hence the apprehensions. I got the agents credentials verified from the bank. Henceforth I've made a practice to write applicant's name and application number behind the cheque. I would like to know the procedure of demat account operation for MFs.

Regards
Manjusha
 
#12
Thanks everyone for your valuable comments. It was the first time I was investing hence the apprehensions. I got the agents credentials verified from the bank. Henceforth I've made a practice to write applicant's name and application number behind the cheque. I would like to know the procedure of demat account operation for MFs.

Regards
Manjusha
THE DEMAT ACCT. FOR MF IS NOT DIFFERENT THAN THE ONE FOR STOCKS.
YOU JUST NEED TO OPEN ONE DEMAT AACOUNT FOR ALL YOUR SAVINGSAND INVESTMENTS-BE IT STOCKS,MUTUAL FUNDS,IPO,BONDS,EVEN SOME POST OFFICE SAVING INSTRUMENTS
 

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