Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is it compulsory to mention the ISIN of the Unit while filling up the DRF (Demat Request Form)?

0
Posted

Is it compulsory to mention the ISIN of the Unit while filling up the DRF (Demat Request Form)?

0

Yes, the ISIN of the Unit should be mentioned in the DRF, to ensure that the correct Unit is dematerialized. Separate ISIN will be allotted for each Plan/Option of the respective Plan(s). If, however, the investor does not know the ISIN, the same can be obtained from the DP or from CDSL /NSDL website or from the Fund. • Can I rematerialize the units once they have been allotted in demat form. Yes, if you wish to convert the units in physical form (i.e. account statement), a request has to be made to your DP for rematerialisation in Remat Request Form (RRF), who will forward to the Registrar & Transfer Agent (‘CAMS’).. Once the rematerialization is complete, an account statement will be sent to the Unit holder. • Can a channel investor apply for the units in demat form? Yes. The channel will have to provide the demat details in the channel feed at the time the file is sent to the Registrar & Transfer Agent (‘CAMS’). The provision for the said codes is already there in the existing trans

0

Yes, the ISIN of the Unit should be mentioned in the DRF, to ensure that the correct Unit is dematerialized. Separate ISIN will be allotted for each Plan/Option of the respective Plan(s). If, however, the investor does not know the ISIN, the same can be obtained from the DP or from CDSL /NSDL website or from the Fund.

0

Yes, the ISIN of the Unit should be mentioned in the DRF, to ensure that the correct Unit is dematerialized. Separate ISIN will be allotted for each Plan/Option of the respective Plan(s). If, however, the investor does not know the ISIN, the same can be obtained from the DP or from CDSL /NSDL website or from the Fund. • Can I rematerialize the units once they have been allotted in demat form. Yes, if you wish to convert the units in physical form (i.e. account statement), a request has to be made to your DP for rematerialisation in Remat Request Form (RRF), who will forward to the Registrar & Transfer Agent (‘CAMS’).. Once the rematerialization is complete, an account statement will be sent to the Unit holder. • Can a channel investor apply for the units in demat form? Yes. The channel will have to provide the demat details in the channel feed at the time the file is sent to the Registrar & Transfer Agent (‘CAMS’). The provision for the said codes is already there in the existing trans

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.