Hi everyone,
I came across some mutual fund units held in physical form and I want to convert them into demat form under an existing demat account (with Upstox) for my family member.
I came across the destatementisation form that brokers provide, but I’m a bit confused about the overall process. Specifically, I’d appreciate help with:
Step-by-step process – What exactly needs to be done after filling the form?
What documents to attach
Signatures
Where to submit
Typical timeline – How long does it take for units to reflect in my demat account?
Any tips or common mistakes to avoid?
Would be really helpful if someone who’s recently gone through this can share their experience.
Thanks in advance!