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
Hello @Nagasahitya,
As discussed on call, your query about the mutual funds has been addressed from our end now.
You’ll get the confirmation for your mutual fund units on T+1 working day, and we update it in your portfolio by T+2 working days from our end.
If you need any help with anything else, just let us know.
Unable to find the option to buy MF with DMAT option after clicking on Invest Now button. After buying MF it doesn’t allow to pledge them
Any steps to be followed ?
Yesterday I placed mutual fund order at 9.30 am then I should must get same day nav today but mutual fund are still in process?
Hello @pavz,
To enable demat mutual funds, go to Dhan app > Portfolio > scroll sideways > Demat > Enable MF Demat Mode. Once activated, you can invest in demat format for mutual funds.
We’ve shared a screenshot for reference. If you still can’t proceed, drop us an email from your registered id at help@dhan.co.
Hey @BIR,
As we discussed on call, your mutual funds order is now in progress units should be allotted in 3-4 working days.
For the NAV, you can check the link we shared : What is the Mutual Fund cut-off time to get the same day's NAV? : .
Hi,
i wanted to know what about the Liquid Mutual Funds and Liquid ETFs? if i’m pledging them for margin do i have to un-pledge them before selling or un-pledging happens in the back-end with sell flow?
Hi @magicpoison
For Liquid Mutual Funds (Demat mode), if the units are pledged, you’ll need to un-pledge them first before placing a sell or redemption request. Mutual funds are processed on an NAV basis and aren’t exchange-traded, so the units have to be free before a sell can even be placed. There’s no early pay-in concept here.
For Liquid ETFs, it’s simpler. Since ETFs trade on the exchange like stocks, when you place a sell order, the un-pledge happens automatically in the background, followed by early pay-in. So un-pledge and sell complete together in one flow.
Quick summary:
• Mutual Funds : un-pledge first, then sell
• Liquid ETFs : sell directly; un-pledge + early pay-in happen automatically
Hope this clarifies
Yes, i got confused yesterday wasn’t in my senses! 
sorry for that stupid question. I’ll split the amount in MFs and ETFs so if and when required i’ll just sell ETFs to get the money back in the bank. Just one more question here, How long it takes to settle ETF holdings? is it T+1 ?
Yes ETFs are settled as stocks only t+1 settlement
