How to Transfer Mutual Funds to Another Demat Account – Step-by-Step Guide India

How to Transfer Mutual Funds to Another Demat Account in India

If you’ve switched brokers or want to consolidate your investments, you don’t need to redeem your mutual funds. Instead, you can transfer them from one Demat account to another—without triggering capital gains tax or losing your holding history.

In this blog, we explain the process to transfer mutual fund units from one Demat account to another securely and step-by-step.

When Should You Transfer Mutual Funds?

• You’ve opened a new Demat account with a better broker (like One Solution)

• You want to consolidate multiple portfolios

• You’re closing your old Demat account

• You’re looking for lower AMC and better services

Conditions for Mutual Fund Transfers

✅ Both Demat accounts must be active and KYC-compliant

✅ PAN, account holder name, and signatures must match

✅ Units should be held in Demat form (not folio-based)

Step-by-Step: How to Transfer Mutual Funds to Another Demat Account

Step 1: Verify Your Mutual Fund Holding Format

Make sure the mutual fund units are held in Demat mode (not with the AMC directly). You can verify this through your broker or account statement.

Step 2: Get the CMR Copy of the New Demat Account

Download the Client Master Report (CMR) from your new broker—this contains your Demat details.

Step 3: Fill Out the DIS (Delivery Instruction Slip)

Obtain the DIS slip from your old broker (Depository Participant):

• Mention the ISIN of each mutual fund scheme

• Provide the quantity to be transferred

• Fill in your new Demat account number as the target

Step 4: Submit the Form Physically

Submit the filled DIS form with a self-attested PAN and CMR copy of the new account to your old broker.

Step 5: Track the Transfer

Once processed, units will be transferred within 3–5 working days. You can track status via both your brokers.

Is There a Cost Involved?

• Some brokers may charge a small fee (per ISIN)

• One Solution offers free transfer assistance with new account activation

Why Transfer to One Solution?

At One Solution, we help simplify mutual fund transfers with:

• Free account opening

• Seamless CMR access and documentation help

• Personal support during the DIS process

• Low-cost structure and a clean investing dashboard

Final Thoughts

Switching brokers or consolidating investments shouldn’t be a hassle. If you’re moving your mutual fund holdings, transferring via Demat mode is the safest and most efficient method. And with One Solution, you’re in expert hands every step of the way.

Open your free Demat account with One Solution and move your mutual funds securely.