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How to rematerialise mutual funds?

You must stop all ongoing SIPs before initiating rematerialisation.

Rematerialisation is the process of converting units from demat mode to physical mode, RTA mode, or offline mode.

Documents required

You need to submit the following documents:

  • 2 Remat request forms (PDF) signed in signature with DP and signature with RTA fields for each ISIN, fund, or folio.
  • Self-attested Address proof. Proof can be any one of the following: Voters ID, driving licence, passport, Aadhaar, bank statement.  If you submit Aadhaar as proof, ensure you submit a masked Aadhaar.
  • Self-attested PAN.
  • 1 Annexure (DOC) for each mutual fund signed in the signature with DP and the signature with RTA fields.

Submission process

  1. Create a ticket and attach a soft copy of all the documents.
  2. Your documents will be reviewed in case any corrections are required.
  3. After review, courier the documents to:

Zerodha Customer Support Centre
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076

Processing time: Rematerialisation of mutual funds can take up to 25 working days.

Charges for rematerialisation

Type Charges (₹) + 18% GST
Rematerialisation request per scheme 150
Rematerialisation request for ELSS funds per investment 150

Your rematerialisation request will not be processed if your Zerodha account does not have enough funds to cover the charges. You can check the complete tariff sheet for more information about charges.

If an ELSS investment is made using SIPs, rematerialisation charges will be levied for every instalment. Assume 10 monthly SIPs are made into an ELSS fund, and a rematerialisation request is placed. Charges will be applicable for each individual SIP instalment.

You can also rematerialise your equity shares by following the procedure for rematerialising shares.

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