Mutual Fund Pledging In Dhan

Need Help ℹ️
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43

Hey @ValueInvestor0 ,

It is taking longer than expected due to various scenarios that we are trying to handle considering the fact that we plan to offer both physical and demat MF parallelly in the best possible manner. Please be assured that we are on this and will get back with timelines as soon as we are confident of the product’s functionality post thorough testing.

Thanks,
Pranita

44

That is unfortunate to hear @Pranita I was really hoping for demat MFs by March, but it seems that would take many more months. I’ll have to move to AngelOne for the upcoming FY, not by choice but out of necessity.

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Hi @thisisbanerjee ,

We are not saying we will not be live by March. Stay assured that we are in the final stages but can only commit to timelines post thorough testing. As promised, we will not disappoint our users under any scenario.

Thanks,
Pranita

1 Like
46

Hi @Pranita - Can you provide any tentative timelines? Really need to decide on staying on Dhan or not. Through testing is hygiene and not some perks. I am sure you would have considered it in your timelines. no commit after 1+ year is not helping. Hope you empathise.

PS: there are broker providing MF pledging, however I like Dhan - and would hate to switch. Hope Dhan also reciprocates!

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Key point is here @investor83

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@Pranita march is here. if mf pledge is not going live in march, pls let us know.

49

We are on track with our development timelines. Mutual Fund pledging feature in demat format will be going live soon

2 Likes
50

Great if it goes live by March

51

Good… Team Dhan

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Thats a great news ! Also let us know if we can transfer our MF holdings in Zerodha(Coin) to Dhan when this feature goes live and what is the process ?