Transfer of mutual fund

[Ninad]

I have regular mutual funds in dmat account of other broker, how do I tranfer it to coin ?
Also will I be able to pledge those (if sebi approved) for margin trading. ?

[ShubhS9]

You can read this article, the process has been mentioned in there.

@Ninad

Also will I be able to pledge those (if sebi approved) for margin trading. ?

Currently you can only pledge Liquid Mutual Fund’s, once new pledging system is live you will be able to pledge any Mutual Fund (given it is approved by the Exchange).

[Bhuvan]

@Ninad

I have regular mutual funds in dmat account of other broker, how do I tranfer it to coin ?

On Coin, we don’t offer regular plans. You can transfer them but won’t show up on Coin. It would be best if you sell these units after considering taxation and exit load implications and re-invest in direct plans. Why pay commissions needlessly?

@Ninad

Also will I be able to pledge those (if sebi approved) for margin trading. ?

You will be able to soon.