I recently transferred some stocks and MF from one broker DEMAT to Dhan DEMAT. Strangely as per Dhan Support, I can’t redeem the transferred MF in Dhan DEMAT from Dhan!!! Even the MF are not in Portfolio, and they will stay in Ext MF section!! Its really disappointing and Dhan team not disclose this (maybe I missed this info). Otherwise never would have transferred to Dhan. Now I am stuck. @PravinJ Can you please fix this feature for Dhan Demat.
Hi @MajuN2024
Just to share a little context. When you transfer mutual funds in Demat format to Dhan, we only receive the unit holdings, not the full folio or transaction history (like purchase NAV, date, or folio number) from the CDSL
Without these key details, if we showed them under the regular portfolio section, it could lead to incorrect valuations and misleading performance insights — something we want to avoid to protect your investment view.
That’s why these funds currently appear in the External MF section
We’re already working on enabling full Mutual Fund capabilities for transferred Demat units. It’s work-in-progress, As soon as it’s live, you’ll be the first to know.
Thanks a lot for your reply @Saurav.P . Eagarly waiting for the new feature.
I dont have any MF in DEMAT but Just curious.
So are your MF stuck? Can you sell them if you want?
Hi @amish
The Mutual Funds aren’t stuck at all.
They’re securely held in the investor Demat account with CDSL.
While you can’t place any buy/sell orders for these transferred MFs on Dhan just yet, you can still view and track them from the ‘External MF’ section on Dhan.
We’re actively working on enabling full order support soon!
If you can not sell then effectively, its stuck.