I had multiple Mutual funds for a long time now. Some directly through AMC, some through Groww.
Like for example I have invested in HDFC XYZ Fund with groww
My query is if I start a new sip or one time investment in the same HDFC XYZ fund, will the existing folio number match with Dhan investment or will it create new folio number?
Also I have like ~5L invested in this fund, so if I start via Dhan so will the portfolio include earlier 5L or start afresh?
Just a request - Please give option to investors to have MF in SoA or demat. I don’t want to have MF in demat form… I like SoA only.
When you make your first SIP or Investment through Dhan—this will set up a new folio for you. Everything you invest on Dhan will be linked right back to this, neat and tidy!
And don’t worry about your previous investments; they’ll stay with your original provider.
lastly yep, SOA and Demat options both will be supported, so you’ll have the freedom to choose either!