How To on r/IndiaInvestments Wiki

How to transfer shares from one demat account to another

Mon, 01 Jan 0001 00:00:00 +0000

How to transfer shares from one demat account to another

Intro 👋

Before we begin, we need to clarify on some terminologies used in this document.

A DP (Depository Participant) is a broker who coordinates with the national depository to keep our shares, debentures etc. in electronic form

National Depository: Centrally authorized share depositories. Presently, there are two such depositories in India

CDSL (Central Depositories Services India Ltd)
NSDL (National Securities Depository Ltd)

Depending on to which national depository both the DP (From where you want transfer and to where) are associated with, the procedure for transfer are different.

How to move from one mutual fund platform to another

Mon, 01 Jan 0001 00:00:00 +0000

How to move from one mutual fund platform to another

Intro👋

There are 2 ways to hold mutual funds. One in the demat form and another in physical (rematerialized) format. The method of transfer will vary depending on the form that your mutual funds are stored in.

Transfer Procedure📇

Demat Mutual Fund transfer 🚧

Please follow the steps mentioned in here since transferring of Mutual fund in demat form is done in the same way.

How to switch a Mutual Fund from Regular to Direct Plan

Mon, 01 Jan 0001 00:00:00 +0000

How to switch a Mutual Fund from Regular to Direct Plan

Intro👋

If you know which mutual fund you want, it is always better to buy a direct mutual fund since it eliminates the commission deducted by AMCs as fees for distributors (the person or entity who had facilitated the transaction(s) for you to invest in the fund).

The difference between TER of regular and direct plan normally varies between 0.5% to 1.5%.

How to file SEBI SCORES complaint?

Mon, 01 Jan 0001 00:00:00 +0000

How to file SEBI SCORES complaint?

Intro 👋

As an investor, you’ve certain rights, and market participants (AMC / RTA / broker / depository / advisor / distributor etc.) have to make sure your rights are not violated.

Indian securities markets are highly regulated. And if you’re not satisfied with resolution of an ongoing issue with your broker or AMC you’re investing with; you can approach SEBI (Securities and Exchange Board of India) to hear you out.

How to Update Nominee Details?

Mon, 01 Jan 0001 00:00:00 +0000

How to Update Nominee Details?

Intro 👋

Let us first begin with what nomination means.

According to AMFI (Association of Mutual Funds in India):

Nomination is a facility that enables an individual unit-holder (including sole proprietor of sole proprietary concern) to nominate a person, who can claim the units held by the unit-holder or the redemption proceeds thereof in the event of death the unit-holder.

In short, nominees do not inherit the assets after the death of the unit holders. They are responsible for distributing the assets, as per the will, or to the legal heir of said unit-holder.

How to rematerialize mutual fund from demat form

Mon, 01 Jan 0001 00:00:00 +0000

How to rematerialize mutual fund from demat form

Intro 💫

There can be some disadvantages and inconveniences for having the mutual funds in dematerialized (aka demat) form.

Some of these are

Difficult to change the investment platform or DP (Depository Participant)
Vendor lock-in, where you are locked to the brokerage platform and its subset of functionalities.
You will have to pay various charges like annual charges, depository charges etc.

Note

How to Pay Advance Tax

Mon, 01 Jan 0001 00:00:00 +0000

How to Pay Advance Tax

Introduction

Income tax is commonly deducted at source by the entity (employer, banks etc.) while making a payment to the taxpayer in any form (salary, interest, income from profession etc.).

This is known as TDS (Tax Deducted at Source) and is generally reflected in Form 26AS every financial year/ assessment year.

For example, if an employer has paid ₹1,000,000 in salary over the year to an employee, then depending on tax saving investments for the employee, the employee might be liable for, say, ₹80,000 in taxes.