Can I transfer my shares or mutual funds from an NSDL Demat account to FYERS

Can I transfer my shares or mutual funds from an NSDL Demat account to FYERS?

Yes, you can transfer your shares or mutual fund holdings from an NSDL Demat account to your FYERS Demat account. The transfer is initiated by your current broker and requires documentation from both FYERS and your existing depository participant (DP).

Steps to transfer holdings to FYERS

  1. Request Client Master Report (CMR) from FYERS
    Email [email protected] with your FYERS client details to get the CMR in PDF format.
  2. Collect the Delivery Instruction Slip (DIS) from your current NSDL DP
    This slip is required to initiate the off-market transfer of securities.
  3. Submit DIS and CMR to your existing broker
    They will process the transfer based on the CMR details provided.

What if...

ScenarioExplanation
You don't have your FYERS CMREmail FYERS at [email protected] and request a soft copy of your Client Master Report.
Your existing broker delays the transferFollow up with them directly. FYERS can only provide the CMR; the transfer must be executed by your current DP.
You have mutual funds in the NSDL accountThese can be transferred if held in dematerialised form using the same DIS-CMR process.
You want to transfer to a new FYERS accountEnsure name and PAN match across both accounts to avoid rejections.
Processing times and procedures may differ by broker. Always check with your current DP before starting the transfer to avoid unnecessary delays.

Last updated: 16 Jun 2025