Being NRE Is it good to Open Demat account in wife name and invest in the equity and mutual fund through her account or good to open NRE Demat account for self and start investing through it. What are the advantage and disadvantage in both situation for long term and what is your advise ?
If your intention to open demat account is to invest in mutual funds, then it is not at all required.
Than what required for Mutual fund ? Suggest the best possible way considering NRE and Cant monitor the status on regular basis.
For MF investment, demat account is not at all required. Either you can use the portals like FundsIndia or the adviser of your choice if you want to go for regular funds. If you want to go for direct funds, then use respective MF companies portal to invest, Investza or MF Utility. Hope you understand the difference between regular funds and direct funds of MF.
Sorry. What’s the difference between regular and direct fund. Also, again if investing should I go through NRE type ie on my name or through my wife name
Sachin-Refer my earlier post on a difference between regular and direct funds “Mutual Fund Direct Plans-Who can move?“.