MF Pledge / Unpledge
Pledge / Unpledge Mutual Funds
No, it's not possible to have a single folio for both Statement of Account (SOA) and Demat holdings. A folio number functions like an account number assigned by the Asset Management Company (AMC) when you make your initial investment in a scheme. The SOA and Demat modes represent different methods of holding mutual fund units:
SOA (Physical Format): Units are recorded and maintained by individual AMCs and their Registrars and Transfer Agents (RTAs).
Demat (Electronic Format): Units are held in electronic form in your Demat account with a depository participant.
Due to the differing nature and purposes of these holding methods, they must be maintained separately.
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