Can I transfer my existing direct mutual funds from the Fund House to my FYERS A/c?
Yes, you can transfer your existing mutual funds from your Fund House to FYERS. However, the procedure is completely offline.
You can download the Forms here.
The client has to fill in the DP ID.
The name should be mentioned in the form as per the Demat A/c.
The client has to sign in 2 columns (Mandatory)
1. Signature as per DP
2. Signature as per RTA
DRN & DRF numbers should be mentioned on the form.
Along with 2 Copies of the duly filled Dematerialization Form, submit 1 self-attested PAN card copy and a self-attested Mutual fund statement.
The client has to fill in the details, i.e., Name of the holder, Quantity, Script name, Folio number, Certificate number, Distinctive number, etc.
After completion of the above procedure, send the duly filled document to the following address:
FYERS Securities Private Limited
225, 19th Main Road,
1st Block, RT Nagar,
Note: The applicable charges for the transfer is ₹0.
How do I Dematerialize the Mutual Funds in Fyers?
Dematerialization is a process of converting Physical Certificates of Shares and Mutual Funds to a computerized or electronic format that can be held in your Demat. You can download the Dematerialization Request Forms here. Dematerialization Request ...
What are charges applicable for Mutual Funds?
You can buy Direct Mutual Funds at Fyers for FREE. However, on selling your Mutual Fund holdings, DP charges of ₹12.5+GST will be levied. We do not levy additional charges other than the DP charges mentioned above. For the details on the expense ...
Can I transfer my Shares/Mutual Funds from NSDL Demat Account to FYERS?
Yes, you can transfer your shares from your NSDL Demat to Fyers Demat account. However, the procedure to do so is offline and is as below: Request for a Client Master Report (CMR) from FYERS by writing to us at firstname.lastname@example.org. Get the Delivery ...
Is there any mobile application to invest in Mutual Funds?
Currently, there is no application through which you can invest in Mutual Funds through Fyers. However, you can go to direct.fyers.in on your mobile browser, login through your Fyers Credentials, and place any order you wish. Note: The mobile ...
What is a Mutual Fund?
Mutual funds are made up of all the money pooled in by a large number of investors. This pool of money is managed by a portfolio manager, who invests the funds in various financial instruments.