_:n474b29d5049845eab1a4d859b39e9856xb16
<http://schema.org/text>
"No, a Demat Account is not mandatory for any type of Mutual Fund investment, including Systematic Investment Plans (SIP). While a Demat Account is necessary for stock market trading, it is not a requirement for participating in Mutual Fund investments through SIP or otherwise.\r\n"
<https://www.5paisa.com/demat-account?ReturnUrl=invest-open-account&ReferralCode=KING002>