As a OCI/NRI, should I hold mutual funds in Physical form or Demat form

[Laksh00]

I am about to invest in UTI Mutual funds but am confused about holding Mutual funds in Physical or D-mat Form. I have an account with Zerodha but Zerodha doesn't allow Canada/USA NRIs to buy mutual funds from the coin platform. Only Shares. Please Suggest

 

[kartikkumargupta02]

Since you have a Zerodha account, you may want to explore other platforms or methods to invest in UTI Mutual Funds, as Zerodha has restrictions for Canada/USA NRIs. You can consider investing through the UTI Mutual Fund website.

You can invest in UTI mutual funds through their website www.utimf.com/nri-center. You will find an application form , which you need to apply and they will give you a call back.

For any assistance, you can reach out to their contact numbers/email ID as mentioned below :​

Contact No.: +91 22 6678 6079 / +91 22 6678 6751
Email: uti-nri@uti.co.in

 

[The INSANE Trader]

I am about to invest in UTI Mutual funds but am confused about holding Mutual funds in Physical or D-mat Form. I have an account with Zerodha but Zerodha doesn't allow Canada/USA NRIs to buy mutual funds from the coin platform. Only Shares. Please Suggest

You can see terms and conditions of INDMoney I think it allows NRIs to buy MFs.