Convert Your Mutual Fund Units to Rupeezy Demat in a Few Clicks
Last Updated: 21 July, 2025
4 min read
00:00 / 00:00
Still holding your mutual fund units in physical or SoA (Statement of Account) format? It's time to make the smarter move.
When you invest in mutual funds without a Demat account, the fund house issues a Statement of Account (SoA) that records your units and transactions. This SoA acts like a certificate of your holdings, either as a printed statement or a PDF sent to your email. You hold the units directly with each AMC, not in a central electronic account. Managing, pledging, or transferring units through SoA often involves paperwork, signatures, and extra time.
A Demat account holds your mutual fund units, along with shares, bonds, and ETFs in an electronic, secure format under your name. When you convert your SoA units to Demat, you bring everything into one digital platform that you control with a single login. This makes it faster to track your portfolio, pledge units for margin, modify your KYC, or transfer holdings without handling physical paperwork. It’s safer, faster, and future-ready.
By converting your units to Demat with Rupeezy, you unlock a faster, safer, and more powerful way to manage your investments, and the best part? The entire process is now completely digital and takes just a few minutes. No paperwork. No delays. No branch visits.
What You Need to Get Started
An active Rupeezy account with Demat
If you don’t have one yet, click here to begin onboarding.
Complete your KYC in under 5 minutes and get started instantly.
Step-by-Step: Convert Your Mutual Fund Units to Demat
Click on this link to begin the mutual fund conversion process.
Enter your PAN and captcha code.
Receive an OTP on your Rupeezy-registered mobile and email.
Enter the OTP to proceed.
On the next screen, select the Demat account listed as: Astha Credit and Securities Pvt Ltd
Tick the disclaimer checkbox to continue.
You’ll see the message:
"Please wait, fetching your CAS statement"Once the CAS (Consolidated Account Statement) is fetched, click Submit.
A list of your eligible folios will appear.
Select the folios you want to dematerialise and click Submit again.
Scroll down to enter the second OTP received on your mobile and email.
Once verified, your request is successfully submitted.
You can also track the status of your application on the same portal.
Charges Involved in Transferring Mutual Fund Units
Digitally, transferring mutual fund units from SoA to Demat is absolutely free.
How Long Does It Take?
The entire process is typically completed in T+2 working days. It’s 100% digital, no courier, no scanning, no delays. It’s as seamless as it gets.
Why Convert to Demat? - Key Benefits
When you move your mutual fund units to Demat, you're not just converting the format; you're upgrading your entire investing experience.
Margin pledge and repledge for trading or funding purposes
Off-market transfers made simple
Modify your KYC details across all AMCs from one place
Consolidated portfolio view alongside stocks, ETFs, and bonds
Smooth transmission and transfer in case of inheritance
Hassle-free transactions with minimal paperwork
Automatic credit of dividends and bonuses
Improved safety and control over your holdings
One login, one platform, one view for your entire portfolio
The Future Is Digital and It's Demat
The financial world is moving to digital-first operations, and Demat is fast becoming the standard for holding mutual funds. It’s secure, efficient, and simplifies everything from transactions to tax reporting.
By converting your units to Demat with Rupeezy, you ensure:
Easier access to advanced features
Faster processing of pledges, redemptions, and transfers
A future-ready portfolio
Don't let legacy formats hold you back. Join thousands of investors who’ve already made the switch.
Start Your MF to Demat Conversion Now
Click here to begin and experience the Rupeezy difference, where convenience meets control.
FAQs
Q1. Is it mandatory to convert?
No, converting your mutual fund units from SoA to Demat is optional. However, doing so makes it much easier to track, manage, pledge, or transfer your units digitally, all in one place.
Q2. Will it affect my returns?
No, converting to Demat does not impact your mutual fund returns in any way. Your units, NAV, and investment value remain exactly the same; only the way they’re held changes, which is from SoA to Demat.
Q3. What if I have folios with different AMCs?
When you convert to Demat, you can bring units from multiple Asset Management Companies (AMCs) into one Demat account. This gives you a single, consolidated portfolio view instead of managing multiple SoAs separately.
Q4. Is there any charge?
No, there are zero charges when you transfer mutual fund units from SoA to Demat digitally through Rupeezy. The process is free, paperless, and takes just a few minutes.
Q5. How secure is this process?
Your investment and data are fully protected. Rupeezy is SEBI-registered, and your holdings are safeguarded with robust security measures. Plus, the Demat format reduces paperwork risks and keeps everything in a secure electronic vault under your name.
The content on this blog is for educational purposes only and should not be considered investment advice. While we strive for accuracy, some information may contain errors or delays in updates.
Mentions of stocks or investment products are solely for informational purposes and do not constitute recommendations. Investors should conduct their own research before making any decisions.
Investing in financial markets are subject to market risks, and past performance does not guarantee future results. It is advisable to consult a qualified financial professional, review official documents, and verify information independently before making investment decisions.
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