Mutual Fund Transactions Explained: What You Can Do in Physical vs Demat Mode
When investing through FundsGenie, mutual fund units can be held in physical or demat form. While most transactions are available in both modes, a few differences can impact how you manage your investments.
Transactions Available in Both Modes
The following actions can be done in physical and demat holdings:
- Buy – Invest in new schemes
- Sell – Redeem existing units
- Switch – Move between schemes within the same fund
Platforms: FG Mobile, FG Web, FG MF Terminal
- SWP - Systematic Withdrawal Plan
Platforms : FG MF Terminal only (contact branch)
Transaction available only in Physical Mode
- STP - Systematic Transfer Plan
Platforms : FG Mobile, FG Web, FG MF Terminal
| Transaction | Allowed Mode | Platforms |
|---|---|---|
| Buy | Physical and Demat | FG Mob, FG Web, FG MF terminal |
| Sell | Physical and Demat | FG Mob, FG Web, FG MF terminal |
| Switch | Physical and Demat | FG Mob, FG Web, FG MF terminal |
| SWP | Physical and Demat | FG MF terminal |
| STP | Physical | FG Mob, FG Web, FG MF terminal |
FAQ
- What is the difference between SIP, SWP and STP?
- Can I sell mutual fund units bought through other brokers/AMCs on FundsGenie?
- Why was my SIP installment amount not deducted on the due date, even though I had sufficient bank balance?
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