Introducing : Transfer Demat Mutual Funds to Dhan

Product Announcements šŸ”ˆ
1

Hi Investor,
Back in April, we Introduced Demat Mutual Funds on Dhan - and the response was phenomenal. With just a few taps, investors could start pledging their Mutual Fund units to get margin benefits - a smarter way to make the most of their holdings.

Naturally, this led to a common question from many of you:

Why arenā€™t my transferred Mutual Funds showing in my portfolio?

Transfered my demat Mutual Funds not reflecting in my portfolio

Will these work like any other investment - can I redeem, invest more, or pledge them too?

We heard you and weā€™re excited to share that the answer to all of the above is YES.

You can now digitally transfer, track, and pledge your existing Demat Mutual Funds from any broker to Dhan - completely paperless, with no follow-ups, and with full access the moment they reflect in your account. Make the switch & take full control.

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But before we dive deeper, letā€™s take a look at the traditional vs digital process which completely eliminates the need for any physical to & fro.

Weā€™ve built this ability with three clear goals in mind: simplicity, speed, and control.

  • Real-Time Portfolio Update: Once transferred, units automatically appear under the ā€œTransferredā€ section in your Mutual Fund portfolio, as soon as they land in your Dhan Demat.

  • One-Tap NAV Sync: So, when Transferred Mutual fund units arrive without historical buy NAV from CDSL. That means your portfolio shows no invested value, no P&L, and no % returns - and your capital gain reports remain incomplete.

    • While most platforms nudge users to manually input the NAV, the process is tedious, prone to errors, and often skipped.
    • Dhan removes the guesswork. With just one tap, your NAV is auto-synced and updated, giving you complete visibility of your investment performance. Just clean and accurate data.

  • Full control: Top-up or start SIPs, or even pledge them for margin - your transferred units are fully usable from Day 1.

Getting Started is Easy

  1. Update to the latest Dhan app

  2. Go to Mutual Fund Portfolio ā†’ Activate Demat Mutual Funds

  3. Initiate the transfer via CDSL Easiest (just like transferring stocks) note : process usually takes 1ā€“2 working days

  4. Once your units arrive on Dhan MF portfolio, tap on ā€˜+NAVā€™ button

  5. Complete a quick OTP verification via MF Central to continue investing

  6. Thatā€™s it - start using them like any other Mutual Fund on Dhan.

Tried transferring your funds already? Tell us how it went - weā€™d love to hear your experience.

Raise the bar,
Saurav Parui

6 Likes
3

This is nice, something new. Bdw how are you fetching those details automatically? Most brokers still make you do it manually.

4

Team, can you reply ?

5

Hi @Stock_only

Right after CDSL confirms your transfer, we reconsile from MF Central - NAV, dates, everything. So your portfolio just feels complete

7
  1. Will there be any tax implications?
  2. What are the charges associated for this process?
8

Hi @Shubham619,

No charges from Dhan for the transfer. Itā€™s completely free on our side.
Just a standard CDSL charge of ā‚¹12.50 + GST per ISIN (thatā€™s collected by the depository, not us). No AMC or platform fees apply for this process.

No tax is triggered during the transfer. Since itā€™s a shift in custody (not a sale), your holding period and capital gains remain intact.

So yes - full tax continuity is maintained post-transfer.

You can find the comleted guide here

9

I initiated the transfer yesterday. When I checked today, I do not see those MFs under the CDSL profile.
Is this normal? I checked under the Dhan app too, nothing found there as well.

10

Hi @khulsat,

Just send your details to help@dhan.co - so we can look into it and guide you further.

11

@Saurav.P - Got following reply from help@dhan.co, I did not find it very convincing.

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Firstly, the steps given are either outdated or cannot be navigated as is.
What I have understood is, in order to have MFs visible -

1. I have to enable Demat MF Pledging
2. Make investment in a Demat MF

If it is really true, I feel it unjustified. I do not see any need to enable pledging and make new investment just to have my MFs visible under Dhan.

Is my interpretation wrong or the complete information is awaiting on this main post?

mutual-fund

12

Hey @khulsat,

As discussed on call regarding your mutual funds transfer query, please share the required screenshot at help@dhan.co weā€™ll check and get back to you.

13

Upon sharing the screenshots, I have been asked to refresh external MF. I wonder how the transferred units are considered as external?!?

Anyways, when I checked just now, I could see the fund under the portfolio tab.
Only thing I am unable to figure out is NAV value. I guess todayā€™s NAV is being considered. Any chance of recording transactions and average NAV automatically? If not, atleast manually?

14

@Madiya_Khatri @Saurav.P
Getting vague replies from customer support.

Two queries:

  1. NAV and other transaction details are updated automatically according to -

Is that really true? If not, how to update it?

I am unable to find +NAV button.

  1. Why the XIRR is looking weird here?

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15

Hi @khulsat

This seems to be a rare edge case where the transfer and NAV sync didnā€™t align as expected.

Iā€™ve personally started reviewing your account with our tech team so we can pinpoint the exact reason and fix it for you.

Please allow us a little time, and Iā€™ll update you here as soon as we have it resolved.

Meanwhile, could you head to MF Portfolio ā†’ External MF section and refresh it once?

16

Thanks for your attention @Saurav.P !
I checked just now and I could see the average NAV as expected. However, purchase history/past orders are still not visible. But atleast I can see invested amount and the current returns as it should.

Again, I still donā€™t understand the point of refreshing Ext MF. Transferred MFs should be the part of MF on Dhan right?
I refreshed it and there is nothing (correct behaviour in my opinion).

17

Hi @khulsat

Thatā€™s a great observation.

Hereā€™s some context: when you transfer Mutual Funds from another broker to Dhan, CDSL only confirm the units youā€™ve moved, but they donā€™t share your past transaction history or order details from the old broker. Thatā€™s why historical SIPs or purchase logs arenā€™t visible on Dhan after a transfer at this moment. (we are planning include in the future)

To solve this, weā€™ve built the one-tap sync. With your consent via MF Central, we fetch verified external Mutual Funds transaction records and reconcile them against your transferred holdings. This way, your invested value and returns show up accurately - without you having to manually key in NAVs (which most other platforms ask you to do, and that often leads to errors or incomplete tracking).

So while the raw transfer itself doesnā€™t carry past orders, Dhan uses MF Central to stitch things together for you - making your portfolio cleaner, faster, and less error-prone.

1 Like
18

I am okay to initiate one-tap sync. I was unable to locate this option though. Could you please guide me with the process?
I tried syncing Ext MF but that didnā€™t work.

Thanks!

19

Hi @khulsat

We tried calling you on your registered number, which seems switched off. We request you to please reach us at help@dhan.co to assist you better. or you can connect with us on 9930861000.

20

Discrepancy found.

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So, one tap sync feature exists or not?

21

Hi @khulsat,

Yes, the One-Tap NAV Sync feature exists.
Once CDSL confirms your transfer, a ā€œNAV Missingā€ tab appears automatically in your MF Portfolio. Just tap the button, verify via MF Central OTP, and weā€™ll auto-sync your NAV and invested value instantly.

In your case, the option didnā€™t appear right away - a rare sync gap weā€™ve already flagged to our tech team. Weā€™ve taken care of it from the backend for you.

Attaching a screenshot for reference.

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