Is a demat account necessary for purchasing mutual fund units?

[sonu145]

Re: which MF one to buy?

go for growth option

go for one large cap, one mid cap and one balanced fund..

Now u have to decide which one to go for.

Pls also diversify in different assets.....

Like Equity----Large, Mid & Small
Debt fund-----Bonds & Gilt as on date as FMPs are not attractive
Gold----Either ETF or gold funds:thumb:

Happy Investing