# Change of Broker

1. USE **CAMS / KARVY File,** Do Not use NSDL / CDSL file. 
2. IF Some folios are with Ventura (as identified in CAMS/ KARVY statement ), TAKE permission before "**Change of Broker**" 
3. Folios in **DEMAT** form ( Such as with Ventura), can not be done via "Change of Broker"
4. IF SIP is Ongoing then FIRST "**STOP SIP**" before "**Change of Broker**" as Next SIP will again go to the Old Code. 
5. Else take SIGNATURE on two (2) copies in such scenario. 1 for before "**Stop SIP**" and 1 for after "**Stop SIP**"
6. CAMS / Karvy RTA statement is a per email ID. Where are NSDL/ CDSL are as per Primary Holder Pan. So for understanding both should be requested and tallied. For change of broker, CAMS / Karvy should be used. 
7. IF MF units are held in demat, then some of them may NOT reflect in **CAMS/KARVY RTA.** 
8. Demat units can’t be transferred anyway as “change of broker” For that we need to do “**Demat transfer**”


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.finnovate.in/product/mutual-funds/faqs/change-of-broker.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.