Best Demat Account for Mutual Fund Investments in India

1. Best Demat Account for Mutual Fund Investments Here is the list of the Best Demat Account for Mutual Fund investment. If you are looking for the best accounts then you can choose from the list given below: 1. Sharekhan Sharekhan is one of the safe and reliable brokers who has a strong parent company and a long track record which is regulated by the top authorities. This is also one of the oldest stock broking firms, a subsidiary of BNP Paribas, which is a French international bank and 8th largest bank in the world by total assets. The company was established in 2000 and has a strong track record and it has survived all the previous financial crises. The company is regulated by the Securities and Exchange Board of India (SEBI) and doesn't have negative balance protection. This implies that the customers cannot lose more money than deposited in the account. 2. Samco Samco is another well known company that offers mutual fund services to customers through an assigned platform called 'Rank MF'. it is the only platform of mutual fund research engine in India that provides the information about the rankings and ratings of mutual funds based on a number of considerations and over 20 million data points. Currently the company holds over 2,950 regular mutual funds which are rated and ranked on different parameters. It also offers

2. the clients with the free account opening that takes less than 5 minutes online without any extra charges. 3. Kotak Securities Another well known company in terms of the demat account and mutual funds is Kotak Securities Ltd. the company is a well known subsidiary of Kotak Mahindra Bank which was founded in 1994. The company offers the stock broking services and distributes financial products in India. In total till now they have 1209 branches, franchisees and satellite offices that offer services to 11.95 Lakh customers. The company has a corporation with the Bombay Stock Exchange and the National Stock Exchange. Kotak securities is also part of the depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). The company Kotak securities offers a three-in-one account which allows investors to open demat, trading as well as a bank account together with Kotak Mahindra Bank Limited. They deal in different segments like trade in Equity, IPO, Mutual Fund, ETF, Tax free bonds, Currency Derivatives, Gold ETF etc. 4. SAS Online The company SAS Online was started in 1995 it is also an online discount brokerage firm offering brokerage services for stocks, future and options, currency and commodities at NSE, BSE and MCX exchanges. The company started to offer the discount brokerage from the year 2013 and is still delivering the best. The company has crossed more than 30000+ clients spread across 750+ cities of India. Also the average daily turnover of the company is around Rs 10,000+ Cr. The contribution is over 1% of the total Indian market turnover leads to an average of 1 lac + orders a day. Similar to the most discount broker the brokerage services that are offered to the client are done from the 1 centralized office located in Delhi. The company doesn't charge any kind of trading. 5. Upstox The company Upstox is one of the tech-first low cost broking firms in India. Upstox provides trading opportunities at affordable prices with the best demat account in India. The company provides the services in the different segments such as equities, commodities, currency, futures, options. The services are available on the Upstox Pro Web and Upstox Pro Mobile

3. trading platforms. The backing up investors of Upstox is a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Other than the platform Upstox provides the client with trading, analysis, charting and many more rich trading features. The trading platform is built on the Omnisys NEST OMS (Order Management System) and Omnisys NEST RMS (Risk Management System). Also the traders who are interested in Trading in Equity F&O, Equity Indra-day, Commodities and Currency Derivatives can go through the Upstox Pro. Though the services for the Upstox Pro are paid. Also read our latest article – Best mutual fund app in India Also read our latest article - Best Demat Account for Beginners in India 6. HDFC Securities HDFC Securities is also another well known equity trading company and also a subsidiary of HDFC Bank. The company provides both online trading and trading on the phone. The company also offers the HDFC Securities trading account. It has a unique 3-in-1 feature that includes the HDFC Securities trading account with your existing HDFC bank savings account and existing Demat account. This account makes the Funds / shares move seamlessly from the linked Demat/Bank account to execute the transactions. The company also provides Cash-n-Carry on both NSE and BSE, Day trading on both NSE and BSE, Trade on Futures & Options on the NSE and Online IPO Investment. 7. SBI Securities The well known company SBICAP Securities Ltd (SSL) is the stock broking firm for the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is also a full-service stock broker. The company was founded in the year 2006 with the company's services like Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. Also the SBI provides online trading services to investors & traders. The company has the flagship trading platform which means the portal allows both Resident Indians and Non-Resident Indians (NRIs) to invest online in Equity, Derivatives, Mutual Funds, ETFs, IPOs and NCDs. They also give out other services like the Home Loans, Car Loans, and Loan Against Securities (LAS). They are registered with the Securities Exchange Board of India and are a Depository Participant with NSDL & CDSL.