How to convert mutual fund folio (SoA) to demat form

Tue, 19 May 2026 00:00:00 +0000

Converting mutual fund units from folio (SoA) to demat form enables broker-based operations: pledge for margin, consolidated demat view, transfer between brokers, and demat-mode redemption. The conversion is one-time per folio; cost is the ongoing demat AMC charges (~Rs 300/year).

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Step-by-step procedure

See the procedure infobox above.

How to dematerialise mutual fund SoA holdings

Tue, 12 May 2026 00:00:00 +0000

Mutual fund units in India can be held in two modes: Statement of Account (SoA) form (also called non-demat or direct/regular plan physical form) and demat form. SoA-held units are registered in the investor’s folio with the fund’s RTA (KFintech or CAMS), and the investor receives periodic statements by email. Demat-held units are credited to a CDSL or NSDL demat account.

Investors who have historically invested directly with fund houses or through platforms like MFCentral, Kuvera, Groww (before Groww moved to demat), or the AMC’s own website may hold SoA-form units. These units can be converted (dematerialised) into demat form and consolidated into the Zerodha demat account, after which they appear in Zerodha Console and can be managed alongside equity holdings.

SoA to Demat on WebNotes

How to convert mutual fund folio (SoA) to demat form

Step-by-step procedure

How to dematerialise mutual fund SoA holdings