Should you BUY Mutual Funds with Brokers or Fund house?
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- čas přidán 2. 08. 2023
- 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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Boosan
Thanks.. 👍 Vaazhga Valamudan🙏
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...
👍 good one informative
Thanks for a great video. Can you make a video on best way to invest in direct plans of mutual funds ?
Superb explanation bro.
Cut-off timings for mutual funds pathi oru shorts podunga bro ,oru oru fund houses ku different timings iruku🙌🏼
Thanks bro, for me the fund house website is best.
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New Account opening links for leading brokers in India :
Paytm Money : paytmmoney.onelink.me/9L59/of...
Upstox : bit.ly/upstxNew
m.Stock : bit.ly/mstockNew
Zerodha : bit.ly/newZerodhaD
^ leading brokers in India if you're interested in opening a new broker account.
Okay Boosan Anna Tell me how to buy MF in Same date NAV (Current Date NAV)
Which time to right to buy same day NAV in MF
Nice info thanks bro
Use full video Anna 😻
Always appreciated your videos. Which expense ratio is high ? MF or individual fund house. Could rate top ten find house based on history
You are the GEM 💎💎💎💎
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.
I am using Mf central, MFU online for centralised maintaining of my mutual funds. No t facing issues so far..
My opinion, Mycams and Kfinkart available in all AMC direct MF.
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....
Beginner appadi stock analysis pananum athalam panna kudadhu oru video podunga bro
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....
Pls make video on angel one pros and cons
Good video ❤❤
Health insurance and term insurance pathi Detail ah pesuga and best insurance company's ah review pls pannuga bro
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 ??
@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??
Groww or upstox which is best
MFUtility ,MFCentral also centralised platforms. Zerodha coin doesn’t serve all fund house if i am not wrong.
i expect you will explain cut off time, it vary for SOA and demat
cut off time help for lumpsum investor buy at dip
Investing directly on AMC is more reliable than 3rd party apps.
But AMC UI sucks moslty slow and hung compared to 3rd party websites.
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.
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.
Is Mobile banking app better than broker app? Please suggest.
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 its right time to invest in mirae assest nyse fang+etf or icici prudential nasdaq 100 bro?
What is advantage and disadvantage of investesing in wife account.
Hi bro, does Groww adopted DEMAT form now?
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...
Hi Sir. Which is the best app for investing mutual fund and stocks sir
Bro. Plz explain about FundsIndia
Anna swing trading margin entha platform la tharuvanga atha pathina detail podunga plzz❤❤
Why you didn’t tell about Angel one
Hi brother can you explain about Invits
I don't have separate account details but I bought separately.What to do?
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...
Hi bro, Without demand account Coin app la nifty 50 sip start panna mudiyuma?
Can share nifty total index plan name n from to buy that
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
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
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 i have 10k can i invest in index fund uti or any individual stock 😊
@finance boosan
Can you please do a video on how to transfer mutual fund from paytm money to Zerodha coin?
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, 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
Bro yen angle one na pathi solla matriga
Can we buy direct MF schemes in Dmat .
hdfc sanchay plus pathi podunga
Quant small cap fund la epdi SIP invest panrathu, quant app playstore la illa, website layum option illa, pls sollunga
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
How to sell MF if brought from find house???
Guys
Is there any app for invest in US, Europe & Japan stock markets?
Free cash flow explain bro
Bro, how about KUVERA app ?
Bro mutual funf demant account la irukurathala sell pannum pothu demant transection charge, brokarage, stampduty, gst la pay pannanuma?
Athula pay panna thevaiyilla
Grow or zerodha it's safe ahh bro
Bro neega subscription adheegama vangiranga please kammi pannuga
Gold etf ku selfie geojit app use pana la ..🤔
Why bro not recommended angel broking platform
Bro neega Netherland aa bro please sollunga neega யாரு enna ஊரு nu sollunga please
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
Anna ET money and coin app difference soluga
Enaku oru doubt bro na sip la ₹500 every month grow la poduren ana history la eduthu partha 499.98 or 499.97 appaditha than katuthu eppadi intha paisa reduce aguthu ithuthan broker change so monthly monthly na podum pothu athuku charge pudikurangala clear my doubt
That is for stamp duty charges for every transaction.
Bro ET money la invest panna SOA or Demat format la invest aaguma???
SOA bro
Bro index fund kku demat ac venuma
ஒரு உதாரத்துக்கு கூட angel one சொல்லுவது இல்லையே அதில் ஏதும் சிக்கல் இருக்கா அண்ணா.
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
Zerodha la epdi bro panrathu. Varalaye
bro what about Finity app
Sir na UTI la direct ah investment panite... Without demand account . Future la demand account link panathathu nala ethu problem varum aah?
Edhum problem ila.
Super boosan
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
czcams.com/video/niqYIlDBpC8/video.html
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 ❤️
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?
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.
Mutual fund ❤
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😮😮😮😮
மகாபிரபு நீங்க இங்கயும் வந்துட்டீங்களா 😅
Daii Neeeyaaa😮😮😮
@@bharathdhandapani66 bro enna bro subscribe pannu mannn
Mfcentral
Paytm money romba nala app bro mothama adichutan 😑
Bro naan et money la mutual pannitu varen
Is it safe?
Safe than 😅
I'm using kuvera for mutual fund & zerodha for demat account
Any other option?
Bro Nan 2k sip invest indux fund la pannalamunu iruka bro, Nan Monthly 2k invest, yearly 14% increase, Total 20 years evalu amount varum bro, sollu ga bro
22% return
2k each month, annual increase of 14%, 12% ROI from index will give you ₹55,51,012 by end of 20 years
22% annual step up will give ₹1.22Cr
Bro financial calculator nu playstore iruku neengala podu parrunga, illa groww sip calculator type panni website check pannunka
@@finance.boosanhow to increase 14%Annual , indux fund sip , adha oru video va upload pannuga bro
Bro, na Upstox la Oru Index fund la invest panren. Ipo antha corresponding MF house la poi antha same fund la amount add panna mudiyala. Demat to Fund house ku transfer panna mudiyuma bro.
Groww app la M. F start panna regular plan thane open agum...
No, Groww supports direct plan
Bro regular plan direct plan stocks buy laium iruka
There's no such classification in individual stocks.
@@finance.boosan thanks bro
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...🙏🙏🙏🙏🙏
Bro nan State bank la SIP poturuken bro athula ethachu profit irukuma bro
Bro nan SIP bank la poi panniruken bro monthly monthly kulathia marriage appo easy irukum poturuken bro bank ponem appo tha eanaku therium oru notice board la oottiruthakal SIP Pottu poturuthakal girls baby ku help irukum open pannen bro bank la athu nalla profit varuma bro pls reply pannuka bro ila nan thaniya demat account open panni nan pannava bro athuvum unga vide parthutha pannanum bro please bro
Bank la neenga potratha avoid panninka, avanka unkitta partnership ulla AMC recommend pannuvanka
Neenga demat open panni thaniya athula poda arambinka, apa than unkala all AMC mf schemeyum explore panni, select panni sekkalam
Bank la direct growth plan potrupinkalanu theriyala, Regular plan poturupankalanu theriyala nan use pannathu illa, apti regular plan unka potruthankana withdraw panni oru broker moolama like, (zerodha,groww, indmoney) potunka
Neenga first check pannunka suganya samridhi scheme la potruka porinka 😂😂.
Apti Poturutha overall ella saving athula podathinka, athu fixed interest rate so inflation beat panni return thara vaipu illa 😢
@@dinesh5850 ok bro thanks
MF central can show all your MFs linked with your PAN
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
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 CZcams and courses?
end of the day u are doing all this for money only...
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😊😊
Top G , boosha dude ,please post the all apps you use to buy stock ,bond,mf,crypto ....!❤
Guys like these comment if you want this video ✓
Mutual fundla profit panuna yaarayavathu solunga paapom... Correct timela.... Mutual fundla worth ila