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 Instruction Slip (DIS) from your existing broker where you have the NSDL Demat account.
Submit both documents to your existing broker. The shares will be transferred accordingly based on the timeline given by them.
Note: The procedure to transfer the shares differs from broker to broker. Kindly get the details from your existing broker before initiating the transfer of the shares.
How to transfer shares from my existing Demat account to FYERS?
You can transfer shares from one Demat to another, both Online and Offline. Procedure for transferring the shares offline: Submit Transfer-Cum-Closure forms to the broker from whom you wish to transfer the securities. Along with the forms mentioned ...
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 ...
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 ...
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 ...
How can I apply for IPO using FYERS Demat account?
You can apply for ongoing IPOs using FYERS Demat account through our IPO Portal (UPI) or any Netbanking using ASBA mechanism. Kindly remember that an IPO can be placed directly through the FYERS IPO Portal using UPI ASBA. For more details on how to ...