Demat account for trading

POSTED BY Kumar Ankit ON April 20, 2013 6:22 pm COMMENTS (6)

Hello All,

I am planning to slowly move into trading. 

I need few suggestion from you all:

1). Need to open a trading account.which one should I go for. I have account with axis bank. 

2).Curently  I will be investing 5000 permonth 

funds in mind:

a. Franklin India blue chip 

b. quantum long term fund (growth)

kindly suggest me how should I divide account for these funds. 

Regards

Ankit

6 replies on this article “Demat account for trading”

  1. Dear Ankit, AMC stands for Asset Management Company. For your existing 2 MFs’ investment, the 2 AMCs are Franklin India & Quantum.

    Being new is nothing wrong. Before investing your hard earned money, please invest your time. Read, learn, understand & ask.

    Thanks

    Ashal

  2. Syamantak says:

    Then, before you start investing on ‘tips’ understand why you are investing and where you are investing. you should be comfortable on what you are doing and should not be depending on advices. Can you please elaborate why you chose Franklin India blue chip and quantum long term fund (growth) as you mentioned?

    if you want to learn a little more on MFs, what they do , how they utilize your money – please go through :

    http://www.valueresearchonline.com/learning

  3. Kumar Ankit says:

    Hi Ashal

    As metioned, I am totally new to this.
    It would be great you can explain the process to me.
    What is AMC?

    Regards
    Ankit

  4. Dear Ankit, why do you need a demat acount or trading for MF investing when you can invest directly with the AMCs.

    Thanks

    Ashal

  5. Dear Ankit, are you asking for a demat account for stock investing or demat account for MF investing? Please clarify.

    thanks

    Ashal

    1. Kumar Ankit says:

      Hi Ashal

      I need this for MF.

      Regards
      Ankit

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