Hi @funatlearn, to assist you better, can you please share your registered account details in DM.
Sent dm
Hi @funatlearn As checked, your order was placed on 8th May. Based on the standard T+2 settlement cycle, weekends and 12th May being a settlement holiday, the units are expected to reflect in your demat account by Wednesday, 14th May.
Once the units are fully settled and credited, they will be available for pledging — likely starting Thursday, 16th May, provided they meet pledge eligibility criteria.
How it was T+2 settlement cycle? Currently we are in T+1 settlement cycle right for delivery
Hi @Nagasahitya
Yes, T+1 settlement applies to many Mutual Funds, but the flow works a bit differently in SOA vs Demat mode:
A. SOA mode:
Order flows Exchange → RTA/AMC → Folio → units usually reflect on T+1 in your AMC/RTA account.
B. Demat MF mode:
Order flows Exchange → RTA/AMC → CDSL.
Even if the AMC allots on T+1, units hit your Demat account only after T+2, once the RTA sends the official settlement file to CDSL.
Why? Because in Demat, units are held at CDSL (not just at RTA) — this extra step ensures proper settlement before they become pledgeable.
Purchased SBI Multi Asset Allocation MF yesterday.
I see it in Portfolio today.
I enabled Demat MF today (although I am sure I did it already months back).
When can I pledge the MF?
Nothing in demat.
Once MF hits the demat account after T+2, you will be able to pledge.
Not sure why you had to enable Demat MF again. @Saurav.P any idea ?
Hi @VijayNair
We’d love to help you with your doubts! Could you please DM us your registered mobile number so our team can connect with you and assist further?
@Saurav.P MF still not in demat. Sent you DM.
@Saurav.P Is it mandatory to enable DDPI for mutual funds pledge?
No, @Nagasahitya
I have invested in mutual funds through demat mode. Every time I got units credit confirmation from CDSL on T+1 End of the day. But even on T+2 dhan is not showing those in demat MF section. Why dhan is not showing even though cdsl is confirming to investor on T+1
Awaiting for the response