Sebi's proposed changes are aimed at improving ease of doing business and bringing parity between mutual fund units held in statement of account form and those held in dematerialized form ....
Currently, investors holding MF units in demat form are required to place separate instructions for redemption of units (through DeliveryInstructionSlip (DIS) for each withdrawal or transfer.
Consultation paper on extending facility of standing instructions for Systemic Withdrawal Plan (SWP)/Systemic Transfer Plan (STP) for Mutual Fund units held in demat form ... are held in demat form.