Demat or SOA: Know how to choose the right account
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said he usually suggests the statement of account route to most clients, but described a case where he advised a client to open a demat account so that debt fund units could be gifted to his daughter.
More of Abhishek's views on money management
The article compares the two ways of holding mutual fund units: a statement of account with the fund house or a demat account. It covers how each works, costs, redemptions, nominations, support for STPs and SWPs, pledging units for loans, and which kinds of platforms use each format.
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Demat or SOA: Know how to choose the right account