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National Securities Depository Ltd. Master Circular Mutual Fund units in dematerialized form Version 1.1 May 2013INDEX Master Circular Version 1.1 Mutual Fund units in dematerialized form Ref. No.
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How to fill out dematerialisation of mutual fund

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How to fill out dematerialisation of mutual fund:

01
Obtain the demat account number from the depository participant (DP) where you hold your mutual fund units.
02
Fill out the dematerialisation request form provided by the DP. Make sure to accurately provide the necessary details such as your name, folio number, the number of units you wish to dematerialise, and other relevant information.
03
Attach the necessary documents to support your dematerialisation request, including copies of the mutual fund statement, PAN card, and KYC documents.
04
Sign the dematerialisation request form and ensure all required fields are completed.
05
Submit the filled-out form and supporting documents to the DP either physically or through electronic means as prescribed by the DP.
06
Keep a copy of the filled-out form and supporting documents for your records.
07
Monitor the status of your dematerialisation request by checking with the DP or through the online facilities provided by the DP.

Who needs dematerialisation of mutual fund:

01
Investors who prefer to hold their mutual fund units in electronic form rather than physical certificates may opt for dematerialisation.
02
Dematerialisation is necessary for those who wish to have a more convenient and secure way of managing their mutual fund units.
03
Investors who want to take advantage of various benefits offered by dematerialisation, such as ease of transfer and pledge of units, may choose to opt for dematerialisation of their mutual fund holdings.
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Dematerialisation of mutual fund refers to the process of converting physical mutual fund units into electronic or digital form.
Investors who wish to convert their physical mutual fund units into electronic form are required to file dematerialisation of mutual fund.
To fill out dematerialisation of mutual fund, investors need to contact their respective mutual fund companies or depository participants and follow the necessary procedures.
The purpose of dematerialisation of mutual fund is to make the holding and transaction of mutual fund units more convenient, secure, and efficient.
Investors must report details such as their mutual fund units, folio number, and other relevant information to complete the dematerialisation process.
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