<Transferring Shares and Mutual Fund to another demat account>

#1
Hi,

I want to transfer all the shares and mutual funds from my old icici demat account to the new sharekhan account. I know there is option to transfer shares but i have tax saving mutual fund with lockin period. Is it possible to transfer the tax saving and normal equity mutual fund to another demat account? Please advice.
Thanks
Arun
 

SavantGarde

Well-Known Member
#2
There are no issues with anything in your Demat A/c at all if you are transferring into another Demat account where the Beneficiary of the Demat account is same....applies to everything that exists in your present account.

It is like taking the contents of a cupboard and transferring it into another cupboard...as simple as that.


SavantGarde

Hi,

I want to transfer all the shares and mutual funds from my old icici demat account to the new sharekhan account. I know there is option to transfer shares but i have tax saving mutual fund with lockin period. Is it possible to transfer the tax saving and normal equity mutual fund to another demat account? Please advice.
Thanks
Arun
 

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