Founder - Burn Inves... • 1m
Okay, let me clarify my mutual fund post a bit some people might be getting confused. When we invest in mutual funds, there are basically two ways it works: 1. You place an order, the money goes to the clearing corporation, which then sends the order details to the AMC (Asset Management Company). After that, the AMC transfers the units to your DEMAT account. The same process is followed when you sell your units. 2. In the second method, your order goes directly to the AMC. The AMC takes care of the unit allotment and everything else. In this process, some intermediary service providers may be involved who help manage the flow. Both methods are completely safe and SEBI regulated For example: Zerodha Coin works on a DEMAT-based model. Groww works on an SOA (Statement of Account) based model. This is the simplest explanation I can give. There are a few more technical details, but they’re not really necessary to understand the basics.
Founder - Burn Inves... • 1m
Many people think that if they buy mutual funds from different platforms and keep them, it will be difficult to track them. But that's not true. There's a platform called MF Central, which is SEBI-regulated and keeps records of MF folios and manages
See MoreFounder - Burn Inves... • 1y
INDMONEY Ki fat gayi merese... Bina bataye mere name pe koyi vi bank account add kardiya demat account me jab sabal pucha or kuch gali diya bo un logo ne tickets raise karne ka option hi band kar diya merese... Batao mere name pe bank account banaya
See MoreHey I am on Medial • 6m
so guys this is that I have opened by demat account in zerodha and after opening the account I just saw the zerodha chargers 300+18% GST every single year as annual maintenance so if I close my account with zerodha will I be able to open a new accoun
See MoreFounder - Burn Inves... • 8d
Something is off with Zerodha Coin today. Mutual fund NAVs are not updating for many users I am one of them. Founders keep giving big talks these days, but the truth is Zerodha’s service has just kept getting worse. This year alone there have been so
See MoreMoney follows you wh... • 1y
Any of my good Trader friend can join me. I have an demat account on which I need good traders to trade. There will be profit sharing with loss limitations like funded accounts. The major aim is to achieve growth together. Please no to spams. The acc
See MoreAll types of financi... • 4m
🚨 hiring for field work sales person at your nearby area ( work from home or field work available) I have my own financial firm 'kuwad associates', We provide financial services like saving account 🏦 credit card 💳 demat account 📈 personal loan
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