Easiest way to convert SOA Mutual Fund to Demat Mutual Fund

[sidmanraj]

I want to make my SOA Mutual Fund to demat Mutual Fund for easier management.
please let me know easiest process?

 

[ramirami]

Sorry for the tangent but what ease of management will be achieved by converting soa to demat?

 

[John Since]

I want to make my SOA Mutual Fund to demat Mutual Fund for easier management.
please let me know easiest process?

SOA is easy to manage and cheaper AFAIK. Reason is to pledge them to get margin?

 

[sidmanraj]

SOA is easy to manage and cheaper AFAIK. Reason is to pledge them to get margin?

Like if I want to gift mutual fund. It is not possible with soa..
My parents are 65, in future I want to transfer it to my account.

 

[John Since]

Like if I want to gift mutual fund. It is not possible with soa..
My parents are 65, in future I want to transfer it to my account.

In case of gifting, it just works as redemption from taxation pov. Will be treated as sale and purchase only between both the parties. It wont be treated as gift.