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Platforms for Mutual Fund Investment without demat account

Hey fellow grapeviners I am looking for reliable platform recommendations to invest in mutual funds which DO NOT require opening a demat account like ET Money). Platforms like zerodha coin, groww and paytm money open demat account by default which I don’t want. Would want to know more such platforms and their credibility. Thanks!

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Bereal

Stealth

a year ago

INDMoney
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corporateboyjoe

Stealth

a year ago

platform experience if any?
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Watsay49

Stealth

a year ago

Kuvera. Using for several years
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corporateboyjoe

Stealth

a year ago

is it reliable?
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ChotaChetan

Stealth

a year ago

MF central , Kuvera, directly from MF is also an option
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corporateboyjoe

Stealth

a year ago

mf central reviews?
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ElonMast

Amazon

a year ago

I am using Groww for multiple years without a need of demat with the same operator. You should check it again. Found it easier to monitor/manage MFs on Groww.
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corporateboyjoe

Stealth

a year ago

how did you get it without demat? i called their customer care but they told it is not possible to open a mutual fund only account.
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FancyChino64

Stealth

a year ago

they open demat account,but that is not used to do mutual fund investments. Also, that demat account doesn't have any opening and annual charges. I think Paytm Money works without a demat account. You can checkout kuvera. They are good. Also if these platforms close, nothing will happen to your mutual fund units. They are safe with mutual fund company. You can also check out mfu online.But their UX is pretty bad.
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WhatsInAName

Flipkart

a year ago

FI. It is basically a savings account and with options to directly invest in MF
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