Basic Mutual Fund Account

I want to invest in mutual funds but keep my expenses low. From what i understand without doing any purchase on the COIN platform, i would still have to pay 300/- anually for the Demat account maintainence. Can i close the demat account and still be able to purchase Mutual Funds via COIN?

A post was merged into an existing topic: Can I Join Coin-Direct MF without opening a Demat Account with Zerodha?