Hi,
I want to transfer my mutual funds from Paytm money to Zerodha.
Could anyone please guide which form I need to fill?
Paytm has two forms i.e.,
1.DIS(Delivery Instruction Slip
2.DRF(Dematerialization request form)
I am confused between both of these forms.
I have attached snapshots of both the forms.
First ask them if they provide CDSL Easiest facilty. if yes, then the process will be paperless (E-DIS) otherwise you need to use DIS to transfer.
Physical DIS is like a cheque book, so you need to fill a form for that to be issued to you. (2nd form in image)
Before you transfer, you need MF to be in DEMAT form, so you need to check if the units are in your DEMAT. If yes, 1st form is not required otherwise you need to process 1st form, wait for it to complete successfully and then proceed with Transfer (above step).
This was helpful.
Paytm Money doesn’t provide mutual funds units in demat form.
So, I think I just need to fill the second form to get them into the demat form, and via cdsl, I will be able to transfer it to Zerodha.
I got so occupied thinking that I forgot, I just need to transfer them into demat form as both Zerodha and Paytm are linked with the CDSL depository. I don’t need to send DIS to Paytm.
Thanks a lot!
Where did you get this DRF. I too need to transfer MF from Paytm money
Paytm Money doesn’t have any DRF form for mutual funds.
It asks for a certificate number that doesn’t exist.
Can I send the same by mentioning NA in certificate number?
There must be FOLIO No. you may have got in email.
I’ve never used paytm but thats the reference.
When you purchased MF units, every house sends you an email that has Folio #. IF you dont go to their website and request statement.
If Paytm has its depository as CDSL then the process will be very easy because zerodha supports CDSL.
You can contact to either of the support team and they will help you with the CDSL easiest process.
