Can I transfer my mutual fund holdings from another broker or Demat account to FYERS?

Can I Transfer My Mutual Fund Holdings From Another Broker or Demat Account to FYERS?

Yes, you can transfer your mutual fund and equity holdings from another NSDL Demat account to your FYERS Demat account. This is done through an off-market transfer, which your existing broker must initiate. To complete the process, you’ll need your FYERS CMR (Client Master Report) and a Delivery Instruction Slip (DIS) from your current depository participant (DP).

Steps to Transfer Holdings to FYERS

  1. Request your FYERS Client Master Report (CMR)
    Email [email protected] with your client details. The CMR will be sent to you as a PDF.
  2. Collect the Delivery Instruction Slip (DIS)
    Get this from your current NSDL DP. It is required to process the transfer.
  3. Submit the CMR and DIS to your existing broker
    Your broker will use the details from the FYERS CMR to complete the off-market transfer.
Processing timelines and transfer policies vary by broker. Always check with your current DP before submitting the DIS to avoid unnecessary delays.

What If...

ScenarioExplanation
You don’t have your FYERS CMRRequest it by emailing [email protected] with your client's details.
Your existing broker delays the transferFollow up with them directly. FYERS only provides the CMR and cannot initiate or monitor third-party transfers.
You’re transferring mutual funds held in NSDL formatDematerialised mutual funds can be transferred using the same DIS and CMR process.
You’re transferring to a newly opened FYERS accountMake sure your name and PAN match exactly across both accounts to avoid rejections.

Last updated: 16 Jun 2025