Restate is the process of converting your electronic securities (held in a demat account) back into physical statement. If you wish to restate MF units through Upstox, follow the steps below:

Step-by-Step Guide

1. Gather the Required Documents

You will need the following:

• Restate Request Form (RRF)

One RRF per ISIN, scrip, for mutual funds.

• Signed RRF

a. Signature as per DP records: Must match the signature registered with Upstox.

b. Signature as per RTA records: Must match the signature registered with Company/RTA record.

• All joint holders, if applicable, should sign the MF-RRF.

• Separate MF-RRF should be required for MF units that are free and for each type of lock-in reason code and lock-in expiry date. The client shall have the option to submit a restate request either for the entire holding by mentioning the quantity as ‘ALL’ without the requirement of entering any quantity in the quantity field or for partial or entire holding by mentioning the quantity in the quantity field.

• The ISIN should not be Inactive / Frozen for debits

• Once all documents are ready and signed correctly

• Submit the RRF and supporting documents to Upstox’s registered office or designated address for physical document submission.

• Remat charges will be ₹50.00 per certificate plus charges plus GST.

Harishchandra Sawant (Upstox)

30th Floor, Sunshine Tower,

Senapati Bapat Marg,

Dadar (W),Mumbai – 400013

Upstox will forward the documents to the Registrar and Transfer Agent (RTA/AMC) of the respective company.

2. Processing Time

The restate process may take 30 business days, depending on the RTA and verification procedures.

Note

• Ensure all signatures match exactly with records to avoid rejection.
  

• Once processed, you'll receive a physical statement at your registered address recorded with company/RTA.