Now Live for All: Mutual Funds on Dhan

Hey @9978442050 ,

Have answered this here .

On a side note, please avoid using your phone number as your username as it may lead to privacy concerns.

Thanks,
Pranita

Hey @pranita, are MFs live for HUF users yet on Dhan? If not, when is the plan to enable it?

Hey @akshaymote ,

Not yet but we are on it. Will try and make it live soon.

Thanks,
Pranita

Hello @Pranita

Currently, the markets have been up 5%+ from the bottom and I need to deploy majority of my cash position into MFs.

Now the thing is I trade against these MF margins so I wanted to know since Dhan is gearing up for demat MFs but with no visibility on the launch, can I go ahead and buy SOA MFs on Dhan and then get it converted into demat MFs?

AngelOne has been ticking all the right boxes lately with margins and demat MFs, and it’s really hard to sit back and wait for Dhan demat MFs.

Would appreciate if you would please tell me if there would be an option to convert SOA to demat, at the time of launch of demat MFs.

Or, if I buy demat MFs on AngelOne, later would I have an option to update average price and date on Dhan, if I get them transferred?

Thanks!

Hey @thisisbanerjee ,

Assure you we are in the final stages of launching Demat MF. Conversion will not be posisble, I recommend you wait a few weeks. Meanwhile, check this out!

Thanks,
Pranita

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Zerodha, upstrock, groww, mstrock provide the facility to invest in demat format mutual funds. But when will dhan app provide the facility to invest in demat mutual funds?

Hi @Avik555 This is in the works, coming soon - Here’s early look at what we’ve been working on - Coming this April