Can i invested in mutual fund in dhan with same folio number that is in other broker like groww

Mutual Fund Investing
1

Dear Dhan Team,

I currently invest in mutual funds through Groww using a specific folio number.

I would now like to invest via the Dhan app using the same existing folio number and in a Statement of Account (SOA) format. Is this possible?

Kindly confirm the process or if any specific steps are required.

Thank you.

2

Hey @Aakash_Deep ,

You can track your external folios on Dhan including the one you are currently holding in Groww. However, any fresh investments you make in that same scheme will be made through a new folio that will be created in SOA/Demat mode as per your preference. You will not be able to make investments in the same folio.

Thanks,
Pranita