Comment on Start investing in mutual funds @ Zerodha

Mohamed commented on 24 Feb 2016, 03:35 PM

Hi Nithin,

Congratulations to you for introducing what online users need! Currently I have demat account with ILFS only and no demat account with Zerodha. As you mentioned in your previous posts, I will open a new demat account with Zerodha, particularly to invest in mutual funds. So, after opening the new Zerodha demat account, I will have two demat accounts in my Zerodha trading account. Isn’t it? If I buy shares, to which demat account will them go? Is there any possibility to close that ILFS demat account and retain only Zerodha demat account? What do you suggest? I am tired of keeping too many accounts and remembering too many user id’s and passwords. Thanks.

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