Note: Once we receive the form, the update may take up to 5 working days. An acknowledgement will be sent via email.
How to Convert Mutual Fund Units Into Demat Form (Destatementisation) in FYERS?
At FYERS, we allow you to convert your mutual fund units from physical or statement form to demat format so that you can view, track, and manage all your holdings in one place. This process is known as destatementisation. Below we guide you through how to fill the form, attach the right documents, and submit your request without delays.
Download the form: Destatementisation Form (PDF)
Step by step guide to converting mutual fund units to demat form
The destatementisation request form is divided into four parts. You must fill each section correctly and courier it to us along with the supporting documents.
Section 1: Account holder details
| Field | How to fill |
|---|---|
| DP ID | Enter 12089400 (fixed for all FYERS Demat accounts) |
| Client ID | Your 8 digit FYERS Demat number |
| Holder Names | First, second, and third holders as per our FYERS records |
Section 2: MF scheme and folio details
| Field | How to fill |
|---|---|
| Folio No or ISIN | From your mutual fund statement |
| Scheme Name | The full name of the mutual fund scheme |
| Quantity | Mention in figures and also in words |
| Lock in Reason and Date | Tick Yes for ELSS schemes and enter expiry only if under lock in |
Section 3: Signatures
| Field | How to fill |
|---|---|
| Signature with DP | Must match the signature in our FYERS Demat records |
| Signature with RTA | Must match the signature with the mutual fund or RTA |
Section 4: Distributor code and submission
If you want to change the distributor code during destatementisation, fill the Change of Distributor Code section and sign it.
Required documents
- 2 signed DRFs per folio or ISIN
- Self attested mutual fund statement or SOA
- Self attested PAN copy
- Affidavit if there is any name mismatch
Courier address
FYERS Securities Private Limited
901 and 902, 9th Floor, A Wing, Brigade Magnum
Amruthahalli, Kodigehalli Gate, Hebbal
Bangalore, 560092
Fields to leave blank
Do not fill DRN, Request Number, or Date. We will fill these during processing.
What If...
| Scenario | Action |
|---|---|
| ELSS scheme | Units can be dematted but cannot be transferred until lock in ends |
| SIP or STP active | Pause the SIP or STP before destatementisation. New units will not reflect in demat |
| Multiple folios | Submit 2 DRFs per ISIN or folio |
| Name mismatch | Update details with the fund house or attach a supporting affidavit |
Last updated: 17 Mar 2026
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