Should you BUY Mutual Funds with Brokers or Fund house?
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- Опубліковано 7 жов 2024
- While having a Demat account for shares is mandatory, stock exchanges now offer the option of holding mutual funds in Demat form as well, thanks to technological advancements. Moreover, other financial instruments like NPS, bonds, corporate FDs, and insurance policies can also be held in Demat form.
From a financial planning perspective, a Demat account for mutual funds does offer some benefits. It simplifies the process of transferring units to the nominee in the event of the account holder's death. Additionally, it provides a consolidated view of all holdings across different mutual fund schemes in a single statement.
Benefits of having Demat Account for Mutual Funds:
1. Simplification of Transmission: Demat accounts facilitate the easy transfer of mutual fund units to the nominee in the event of the account holder's death. This ensures a smoother succession process and quicker access to the investments by the rightful beneficiary.
2. Consolidated View: Investors can access a single statement that displays all their holdings across different mutual fund schemes, making it more convenient to track and manage their portfolio.
Drawbacks of having Demat Account for Mutual Funds:
i. Charges: Holding mutual funds in Demat form attracts additional charges, including annual maintenance fees and transaction costs, which can increase the overall cost of investing.
ii. Complication in Estate Planning: Estate planning, especially when distributing assets among multiple legal heirs, can become more complicated with mutual funds held in Demat form due to certain restrictions on joint holding and bequeathal.
iii. Indirect Options: Holding mutual funds in Demat form may limit the direct investment options available to investors. Those who prefer to invest directly in mutual funds can avoid these charges and save on commission costs.
iv. Lack of Advisory Services: Demat accounts for mutual funds do not offer advisory services, which means investors miss out on personalized guidance and expert recommendations for their financial plans.
v. Limited Features: Certain Demat accounts may not allow essential features like SWP (Systematic Withdrawal Plan) and STP (Systematic Transfer Plan), which are beneficial for investment and retirement planning.
In conclusion, while Demat accounts for mutual funds offer certain advantages such as easy transmission and consolidated viewing, there are notable drawbacks, including additional charges, complications in estate planning, and limited investment options. Investors must carefully assess their individual needs and preferences before opting for a Demat account for mutual funds, and they may consider other alternatives that provide more flexible and cost-effective investment solutions.
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ஒரு உதாரத்துக்கு கூட angel one சொல்லுவது இல்லையே அதில் ஏதும் சிக்கல் இருக்கா அண்ணா.
Hi Boosan, Iam a regular viewer of your videos, all are very informative. In this case my view is majority of the fund RTA's are either CAMS / Karvy where we may invest in all schemes in direct mode and maintenance cost effective here except for ETF's where we require a demat account. Is there any other advantage in investment through agents other than investment advice...
Cut-off timings for mutual funds pathi oru shorts podunga bro ,oru oru fund houses ku different timings iruku🙌🏼
THANKS BROTHER
Investing directly on AMC is more reliable than 3rd party apps.
But AMC UI sucks moslty slow and hung compared to 3rd party websites.
My opinion, Mycams and Kfinkart available in all AMC direct MF.
Thanks.. 👍 Vaazhga Valamudan🙏
Thanks for a great video. Can you make a video on best way to invest in direct plans of mutual funds ?
I am using Mf central, MFU online for centralised maintaining of my mutual funds. No t facing issues so far..
Bro, I am investing through ICICI prudential mutual funds directly. But the website is very poor and crashes most of the time while adding fund. I have been expecting this video for a long time. My friend suggested it's better to invest directly in a fund house. He mentioned in long term, the brokers/ demat will take more money from our returns.
I too invest thru icici prudential directly
After investing only I noticed their website is so outdated
I have purchased thru cams website.
Very useful. But till date Groww has not been in MF Demat form
Thanks for all information 🙏 kindly reveal is it safe in kuvera app plz
Beginner appadi stock analysis pananum athalam panna kudadhu oru video podunga bro
Groww or upstox which is best
Superb explanation bro.
Nice video. Will the NAV varies between broker account like Coin and direct website example Nippon. I can there is difference even though they are updated as of same date..
Bro how do you track and maintain watchlist of share ? Hope you track 100s of shares. Can you pls do a video on this topic ??
Bro in zerodha, minimum investment for any funds is higher compare to invest in SOA method. So cost effective is SOA method for middle class community.
Bro naa fund house la direct ah um panra, coin layum panra.. but same fund la NAV different ah erku..like very small amount..
You are the GEM 💎💎💎💎
Yes bro I am also an investing sip angel app only available 5 years
Thanks bro, for me the fund house website is best.
Hi bro, does Groww adopted DEMAT form now?
MFUtility ,MFCentral also centralised platforms. Zerodha coin doesn’t serve all fund house if i am not wrong.
Bro am investin in multiple Mutual fund (AMC) thru Kuvera without Demat... Is that safe..? Want to know what if Kuvera Closes...? recently i came to know that CRED has acquired Kuvera...
Use full video Anna 😻
What is advantage and disadvantage of investesing in wife account.
👍 good one informative
Bro Goal based Investment ku options sollunga bro for example na index fund retire life ku podren na 5 years vanga car vanga antha amount a edutha compounding affect aagum athe samayam index fund long-term la good returns tharum but kammiana years ku goal based investment options sollunga bro.... Already irukra video pathen athula investment options ethuvum illai....
Health insurance and term insurance pathi Detail ah pesuga and best insurance company's ah review pls pannuga bro
Always appreciated your videos. Which expense ratio is high ? MF or individual fund house. Could rate top ten find house based on history
Sir, In angel one there is no option for direct and growth mutual fund there only regular and growth option
Pls make video on angel one pros and cons
i expect you will explain cut off time, it vary for SOA and demat
cut off time help for lumpsum investor buy at dip
Nice info thanks bro
Nama thani thaniya oru oru fund house layum account open panalum. MFcentral app la nama ellam combined ah pathukalam. And new purchase or additional purchase pananum nalum panikalam.
Ithuku Demat account than open pananum kura kattayam illa.
Hello bro naan groww app la 1year ah sip pannitu iruken naa 10years ku long term ah investment pannanum nu iruken but intha mathiri brokerage app la ellam 5 years ku mela sip pannamudiyathu nu soldrangaley.ithuku ethavathu option iruka bro
I don't have separate account details but I bought separately.What to do?
INDmoney app account open panrathapathi full video onnu podunga bro tamil la proper video ethume illa 🙂 INDmoney app full details & tax pathi sollunga bro neraiya peruku usefull ah irukum ❤️
@financeboosan
Some are saying, the data about "active mutual funds didn't outperform index funds 80-90% times" was based on the US MARKET. In India scenarios may different, even if some mutual funds are not outperform doesn't mean passive/index funds are better than active...
Is this true??
Why you didn’t tell about Angel one
Hi Bro, How to transfer Mutual funds from SOA format to Demat format. Please reply
Is Mobile banking app better than broker app? Please suggest.
Hi Bro,
I have grow MFD, iut it is not showing in CDSL, how to check my MFD is CDSL.
Bro, for example uti fund house la directa invest panitu aparam coin app download seithu login pannalum coin app la yum sip invest invest panikalama..
Bro, i took your advice and started investing in the nifty 50 index fund but i am very indecisive. I don’t understand when to invest in the stock. Sometimes the prices are a bit low, so, i invest my money into it but when i do so, the market drops even lower. How do i know when is a good time to invest my money in a particular week
Always better to invest through a mutual fund distributor or advisor they explain the things and guide you... because he is much concentration in this field
Hi boosan ...last few I m watching your videos and all are quite informative....can you please me financial advice...I took baby steps in share market and I had invested in adani greens....eversince I had invested in adani the share value is decreasing like anything else .. almost gng to reach LCL .....I m facing huge lose....can you suggest me whether I should hold the share or should sell it with lose now....
Mutual fund ❤
😂😂😂
😮😮😮😮
மகாபிரபு நீங்க இங்கயும் வந்துட்டீங்களா 😅
Daii Neeeyaaa😮😮😮
@@bharathdhandapani66 bro enna bro subscribe pannu mannn
Can share nifty total index plan name n from to buy that
Good video ❤❤
I started investing using blue-chip india if zerodha grow upstox are brokers means then who are blue xhip technologies? I got confused
Hi bro
I am planning to start sip of 10000 every month.
I met one mutual fund broker who suggested me to invest me in kotak multicap
Can you suggest me is it good and It is Regular or Direct fund?
Share your thoughts and portfolio to start sip on any other mutual funds
Website la direct sip open பண்ணிட்டு, zerodha ல track பண்ணிக்களாமா??? Future ல அவங்க charges போட்டா zerodha வ uninstaall பண்ணிட்டு, soa பார்த்திட்டு இருந்துகலாமா????
Hi brother can you explain about Invits
Hi Sir. Which is the best app for investing mutual fund and stocks sir
Bro. Plz explain about FundsIndia
@finance boosan
Can you please do a video on how to transfer mutual fund from paytm money to Zerodha coin?
Sir i have invested in (SBI Contra - REGULAR Plan - Growth) from Sbi Securities App what benefit will i get over investing in (SBI Contra - DIRECT Plan - Growth)
How my friend LOST his money? | SIP Mistake Real life example
ua-cam.com/users/shortsyWCjIOCkZuw?feature=share
@@finance.boosan Thank You Sir
Exit load pathi oru shorts poduga bro..evalavu % exit load better ah irukum ..??
Most of mutual fund scheme exit load is nil. but some risky investment like smallcap mf scheme la irukum.
Neenga vankum pothe check pannu exit load is period
Exit load is fees for short span of withdrawal
bro having doubt na mutual fund demat mode la the invest panra.. so ippo nominee update pana CAMS and Kfintech website try pana anga no folios found for pan soli error popup msg vanthathu.. aprm tha note pana "This screen will facilitate the updations only for MF Non- Demat Folios for Individual Investors" intha maari mention agirunthathu. Finally, na understand panathu normal demat kana nominee iruntha pothu.. mutual fund ku nu thaniya nominee pana theva ila crct ah bro my understanding.
PS: neraya youtuble la article la refer panita intha nomination pathi clarity ah information ketaikla may be itha pathi separate video va poda nala irukum bro.
Anna swing trading margin entha platform la tharuvanga atha pathina detail podunga plzz❤❤
Guys
Is there any app for invest in US, Europe & Japan stock markets?
Sir grow app, 5 paise app la invest pandravanga death agitta avanga nominee epdi death claim process pannanum. Avangalukku chennaila office irukka?
Mutual fundla profit panuna yaarayavathu solunga paapom... Correct timela.... Mutual fundla worth ila
How to sell MF if brought from find house???
i don't understand this one thing...if you are good at trading or buying, selling stocks....why cant u just make money on that instead of doing UA-cam and courses?
end of the day u are doing all this for money only...
How to open ZERODHA demat account step by step please make video Pro please 🙏
It is pretty straightforward. You can visit their website, click on 'Sign Up', enter your phone number, submit a few documents, and the account will be opened in 2-3 days.
Bro its right time to invest in mirae assest nyse fang+etf or icici prudential nasdaq 100 bro?
Why bro not recommended angel broking platform
Bro yen angle one na pathi solla matriga
I tried to start my saving, I open first and new zerodha account after 72 hrs the procedure it take too much time to give login ID and password, is that normal or I need to check some other option, could anyone guide me please
Bro pls tell about nps &apy
Why all fin influencers are hiding how to transfer mfs from one AMC to another AMC?
As far as I know, you cannot transfer funds directly from one AMC to another. You would need to redeem your investment from one AMC and then reinvest the proceeds in a different AMC. I'm interested to know if there have been any changes to this process.
Cdsl and nsdl has for demat share transfer . But i want to transfer mutual fund alone@@finance.boosan
Bro, how about KUVERA app ?
Free cash flow explain bro
hdfc sanchay plus pathi podunga
Super boosan
Bro neega subscription adheegama vangiranga please kammi pannuga
Can we buy direct MF schemes in Dmat .
Quant small cap fund la epdi SIP invest panrathu, quant app playstore la illa, website layum option illa, pls sollunga
Bro neega Netherland aa bro please sollunga neega யாரு enna ஊரு nu sollunga please
Bro i have 10k can i invest in index fund uti or any individual stock 😊
Paytm money romba nala app bro mothama adichutan 😑
The amount I'm investing in sip is there a chance to lose all my money?
Depends on where you're investing it, in most cases if you hold long term the chances of losing money becomes nil.
You may check this video to know more on what are the chances of losing your money : 45 years of POWERFUL data
ua-cam.com/video/niqYIlDBpC8/v-deo.html
If any broker shuts down - shares will be safe in demat a/c and then what about for Mutual fund units ?
Will it be stored in demat account?
And if we invest directly in AMC and that AMC got shut down - then what happens to our fund?
As per sebi rule, AMC can't be closed. It may sell to other owner
bro what about Finity app
Hi bro, Without demand account Coin app la nifty 50 sip start panna mudiyuma?
Bro index fund kku demat ac venuma
Bro coin la navi nasdaq 100 0.13 expense ratio + athu invest panni irukura invesco qqqm ku 0.15 total ah 0.28 ku
Bathil ah
Ind money la invesco qqqm la direct ah apply panna 0.15 oda mudiyum
Ithu corect ah na solrathu nu yaaravathu sollunga pa
Ithu oru index fund than, ithu direct us market la poyi NASDAQ ETF vangurathu thevaiyillatha velai, etf ipa potrurukira mf scheme ku different irukathu ore return tharum different irunthalum athu 0. something different than irukum
US market vankurathu neenga inr USD conversion charges correct poyitum unka return ellame
Bro mutual funf demant account la irukurathala sell pannum pothu demant transection charge, brokarage, stampduty, gst la pay pannanuma?
Athula pay panna thevaiyilla
Gold etf ku selfie geojit app use pana la ..🤔
Anna ET money and coin app difference soluga
Grow or zerodha it's safe ahh bro
Thalaiva ungaloda previous video la oru sensational message potrukan pathutu konjam reply panunga
Hello Baskar, For some reason I dont' see any other comment from you on the other video, do you mind re-posting it here?
First slightly useless video from your side. There is nothing called a Demat MF / Physical MF. The MF that you buy from Stock Brokers website just possess an extra RIA code. When you purchase from the MF websites it is Nil. That RIA Code is actually an agreement between the broker website and the fund houses to advertise their fund houses in the broking website. That's it. The Direct/Regular MF is altogether a different topic. If you are handling many funds with different AMCs handling them through a single broking website is easier. If you always use a single fund house , then investing directly in their website is recommended. Note:- CAMS and MFCentral tracks all funds with you PAN.
Thanks for nicely summarising it, with additional details that can help others understand it better 🙌
Hi, Is there any advantages or disadvantages using a single fund house for multiple MF's?
Please share any resources link, to go thru sir.
Thanks!
@@Sundar010best performing and High AUM ulla scheme la podunga bro,
ore fundhouse ella scheme nalla perform pannathu nalla perform pantra fund mattum invest pannunka😊😊
சார்... நான் க்ரோ ஆப்ல டீமேட் அக்கவுண்ட் ஓபன் பண்ணிட்டேன்.. டைரக்ட மியூச்சுவல் ஃபண்ட்ல இன்வெஸ்ட் பண்ணலாமா சார்..இது எனக்கு ஃபர்ஸ்ட் டைம்..
Kandippa panalam bro, just with awareness on which fund you are investing in.
சார்..எனக்கு 35 வயது. எனக்கு இரண்டு பெண் குழந்தைகள் பெரிய தேவதைக்கு 6 வயசு. சின்ன தேவதைக்கு 3 வயசு. மாதம் 10,000 ரூபாய் இன்வெஸ்ட்மென்ட் செய்யலாம்னு இருக்கேன்.. (20 வருடத்திற்கு ) 2500 விதம் நான்கு பண்டுகளில் செய்யலாமா.. இல்ல ஐயாயிரம் விதம் இரண்டு பண்டுகளில் செய்யலாமா... இல்ல பத்தாயிரம் ஒரே பண்டில் செய்யலாமா... தயவுசெய்து ரிப்ளை செய்யுங்கள் சார்...🙏🙏🙏🙏🙏
I'm using kuvera for mutual fund & zerodha for demat account
Any other option?
Bro Naa coin app la fund transfer pannan bro
Money debited but fund transfer augala bro mutual fund ku one month nanum try pandren no response from coin app bro pls any idea
Bro...nan 2 years a sbi mf'la sip potu varen..but antha fund regular plan'la iruku..ipo atha apudiea direct plan'na mathanumna ena panalam..plz guide me bro...
Sbi mutual fund app download panni .athula regular plan to direct planku switch pannunga