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Also transactions pertaining to restatementisation / redemption of mutual funds can be setup or uploaded only through Restat option in Rematerialisation Module. DESTATMENTISATION / RESTATEMENTISATION OF MUTUAL FUND UNITS Curently DPs setup online as well as upload transactions related to Destatementisation of mutual funds using Destat or Demat option in Demat DP Module in the CDSL system. Likewise transactions related to Restatementisation of mut...
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How to fill out rematerialisation of mutual fund
How to fill out rematerialisation of mutual fund?
01
Contact your mutual fund service provider to obtain the rematerialisation request form.
02
Fill out the form with the necessary information, such as your folio number, scheme name, and number of units to be rematerialised.
03
Provide your bank details for receiving the redemption proceeds, including account number, IFSC code, and bank branch details.
04
Sign the form and ensure all the required fields are properly filled.
05
Attach any required supporting documents, such as a copy of your PAN card or identity proof if requested by the mutual fund service provider.
06
Double-check the form for accuracy and completeness before submitting it to the designated office or branch of the mutual fund service provider.
07
Keep a copy of the filled-out form and any supporting documents for your records.
Who needs rematerialisation of mutual fund?
01
Investors who prefer to hold physical certificates of their mutual fund units instead of maintaining them in dematerialised (electronic) form.
02
Individuals who want to convert their dematerialised mutual fund units into physical certificates for various reasons, such as ease of transfer or physical possession of the investment.
03
Investors who wish to close their demat accounts and convert their dematerialised holdings back to physical form may require rematerialisation of their mutual fund units.
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What is rematerialisation of mutual fund?
Rematerialisation of mutual fund is the process of converting electronic units of a mutual fund back into physical form.
Who is required to file rematerialisation of mutual fund?
Investors who wish to convert their electronic units of a mutual fund into physical form are required to file rematerialisation.
How to fill out rematerialisation of mutual fund?
To fill out rematerialisation of mutual fund, investors need to submit a duly filled rematerialisation request form along with necessary documents to the respective mutual fund house.
What is the purpose of rematerialisation of mutual fund?
The purpose of rematerialisation of mutual fund is to convert electronic units into physical form for various reasons such as gifting, transferring, or safekeeping.
What information must be reported on rematerialisation of mutual fund?
The information reported on rematerialisation of mutual fund includes investor details, mutual fund scheme details, folio number, and the number of units to be rematerialised.
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