Hold Mutual Funds in demat format!

In today's rapidly evolving financial landscape, technology has revolutionized the way investors manage their portfolios. With simplicity, convenience, and comfort as key driving factors, technology has paved the way for significant advancements in investment practices. Linking your mutual funds to your demat account, rather than holding them in traditional folio form, is one such investor practice that can deliver multiple benefits. However, there are still many who hold investments in mutual funds in the folio form although they possess a demat account. This could be so because they may not have realized the advantages of holding mutual fund units in dematerialized form. Alternatively, although they are well-informed about the benefits, they may mistakenly assume that their mutual funds are already in demat form, when in reality, they are held in traditional folios.