How do I transfer Mutual Funds from one broker to another?

It depends on your current and target holding type:

1. SOA to SOA (Statement of Account to Statement of Account)

• Fill a Change of Broker (COB) form as per instructions from the broker & submit it to the broker

2. SOA to Demat

• Open a Demat account with your new broker
• Submit a Dematerialization Request (CRF)
• Fill a COB form & submit it to your new broker

3. Demat to Demat

• Submit a DIS slip to your current broker with details of your mutual fund holdings
• Share your Client Master List (CML) with the new broker

4. Demat to SOA

• Rematerialize the units by submitting a Re-materialization form to your existing broker
• Once units are rematerialized or converted to SOA, Fill a COB form & submit it to your new broker

? COB form is mandatory in all transfers involving SOA/physical mode of holdings