What types of bank account holders can invest in mutual funds with Upstox MF platform?

Any individual holding a checking and/or savings bank account with any of more than 50 banks that Upstox has partnered with will work in order to purchase mutual funds via Upstox MF platform.

An HUF account holder, if he is the primary account holder in the family, will be able to purchase mutual funds via Upstox.

An Indian residing in a foreign country who holds an NRO account, can also buy and sell mutual funds using Upstox MF platform.

However, if you are an NRE account holder then unfortunately you won’t be able to invest in mutual funds via Upstox.

Check out our NRI Account Opening guidelines in order to trade on various segments using an Upstox trading account.

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