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Last Updated:November 13, 2025, 2:13 pm IST Mutual funds offer flexibility and growth, but are harder to transfer than physical assets. Transferring mutual funds from a folio to a demat account offers better control. (Representative Image) Mutual funds have long been regarded as one of the most effective tools for wealth creation. Unlike traditional assets…
Last Updated:November 03, 2024, 09:42 IST It’s important to close inactive or dormant demat accounts to avoid annual maintenance charges, security risks, and to simplify your financial portfolio. The demat account closure process typically takes 7-10 working days after submitting all required documents. Closing a demat account can be confusing due to the steps and…
Last Updated: October 02, 2024, 11:21 IST SEBI Bhavan at BKC Bandra in Mumbai (PTI/ File Photo) SEBI stated that it would also streamline the transmission process for joint holders with minimal documentation The capital market regulator has further harmonised the nomination rules between mutual funds (MF) and demat accounts. On September 30, the Securities…