Demat or Statement of Account in Mutual Funds. Which is Better?

Demat or Statement of Account in Mutual Funds. Which is Better?
Demat accounts are basically digital vaults to hold your shares. They are electronic records tracking the ownership of your shares. Statement of Account or SOA is a traditional way of holding mutual fund units. You will be dealing directly with the AMC if you opt for the Statement of Account. The AMC issues a statement showing your mutual fund holdings after the mutual fund units are allotted to you.
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[@VinodPintovin]

Can the funds be moved from Demat holding to SOA holding?

[@shreedharsp]

Thanks for sharing the details. Is there a way to do gift transfer of shares to my brother on Groww app? I think this is available on zerodha.

[@dhyanyog1953]

Nice explanation

[@dhavalshah5949]

SOA

[@aakash777]

Is it possible to tranafer soa mutual fund to demat account?

[@RohitSurw]

So summary is - Demat format is best.

[@CoolDeepSingh]

You are wrong about SWP in for demat account. Zerodha is allowing SWP for Mutual Fund.

[@AnshulKumar14]

For SWP from Liquid fund do i need to have a soa or demat

[@alphalima123]

SOA

[@rajendraprasad-vo1dr]

Demat account

[@bikashneog7775]

ETF❤SAHI HEY😊

[@divergenteye]

If I have equity d mat account, can it be used for mutual funds

[@MutualFundsAtGroww]

Hello,
If you need assistance, our dedicated support team is available and ready to help. You can reach us at [phone]. For more information, visit groww.in/blog/groww-helpline-number/ Also you can write to us at [e-mail]

[@maheshagarwal2424]

Yes

[@_Hello_World558]

@@maheshagarwal2424
how to transfer SOA to demat form in grow?

[@anilrathod1234]

Bye-bye I am waiting your next video