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Koustubh Masurkar
Part time Trader
Asked a question 2 years ago

Do i need to transfer the mutual funds to fyers direct to pledge them? Or can I pledge without transferring?

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Hey @Koustubh Masurkar16,

As mentioned in the link shared by @George Roper30, yes you can pledge your MFs without transferring to Fyers Direct. But it's always better to make things simple, correct? 

Hence, we recommend you go through the standard process of pledging161 and not opt for the complicated process. 

Hope this clarifies!