No it is not required. It is however always good to have a demat account becasue many a times we miss out opportunities to invest just because we don’t have a demat account at our disposal . We also miss out various good IPO because we don’t have a demat account. With Zerodha , you keep it in demat form.
It only take fifteen minutes to open a demat account and yearly costs are approximate Rs. 300.
also, Let me tell you about Zerodha. It is a share broker who also open a demat account for you without any extra charges.
Why i mentioned Zerodha, becasue of its feature “Coin”. Through coin, you can access the mutual funds but there are no hefty entry or exit commissions they you normally pay if you go through some one else.
So, Open a demat account today and get many benefits in future. Try coin by zerodha by merely investing Rs. 500/- at once and check out all their services.
visit Home – Demat Guru for more details about zerodha or visit zerodha itself.
There are alot of benefits if you hold MF using zerodha as the holding will be in demat form. Check the benefits here https://tradingqna.com/t/why-inv…
Open a Trading and Demat Account through Dematguru and get additional benefits upto Rs. 2,000/- with no additional charges. Visit Exciting Offers On Opening a Trading and Demat Account – Demat Guru