I and my brother have 2lakhs now and I need to invest in Mutual Funds for tax saving and some amount on growth funds.
I have some doubts here.
1.I am planning to open demat a/c with Ventura.Can a demat a/c be joint a/c?
2.If a joint a/c is possible,can I buy tax saving Mutual Funds on individual names? can we both show these funds for tax exemption?
3.Should Mutual Funds be purchased from demat a/c or directly from fund house?Which option is better and why?
4.what is the procedure for KYC? I have downloaded the form.
I have some doubts here.
1.I am planning to open demat a/c with Ventura.Can a demat a/c be joint a/c?
2.If a joint a/c is possible,can I buy tax saving Mutual Funds on individual names? can we both show these funds for tax exemption?
3.Should Mutual Funds be purchased from demat a/c or directly from fund house?Which option is better and why?
4.what is the procedure for KYC? I have downloaded the form.