Mutual Fund Demat TradingNo. of comments:1 M.M.Gandhi, Pune, 53079 On 29-Jul-2015I am using NSE MF II platform, Apart from its convenience and wellness, want to ask... 1) Is it possible to hold purchased units in investors demat a/c ? 2) If so, then whether distributor gets TRAIL commission on same transactions or not..? I came to know, distributor do not get trail on such trans. But it not logical because purchase trans. done in the scheme of perticular AMC and here only mode of unit holding is changed. If perticular DP is MF distributor, how they could have transaction authority of other investor a/c..? I think trail is being paid by AMC and not DPs...and DPs take annual maintenance charges for demat a/c. 3) When distributor will get authority to sell/redeem units held in investors demat a/c...? This will be misuse of a/c. Then DP as a distributor should treat their own a/c seperately.
Is this demat trading facility available in any platform for distributor...? I have been asking many AMCs but nobody has given clear answer. Under these circumstances, distributors are getting demotivated to trade in demat mode.