A birthday gift usually ends up forgotten in a few months. But a stock, ETF, mutual fund, or government security can stay invested for years.
That is why gifting securities has become a meaningful way to share wealth, celebrate milestones, or introduce someone to investing.
With FYERS, you can gift eligible securities directly from your holdings in a simple, secure, and fully digital flow. The gifting feature is not limited to equities. You can gift ETFs,Mutual funds, T-Bills, G-Secs, SDLs.
This makes the feature useful for different types of investors. Some may prefer gifting long-term mutual funds or ETFs, while others may choose stocks linked to companies, themes, or sectors they believe in.
Start Directly From Your Holdings
Earlier, gifting stocks involved a fairly manual process with off-market transfer forms, DP-level verification, and multiple steps that most investors rarely wanted to go through. We felt something as meaningful as gifting investments should be far simpler.
With FYERS, securities can now be gifted directly from your portfolio on FYERS App or FYERS Web. Just select the holdings you want to gift, enter the receiver’s registered mobile number, add a personal note if you’d like, and submit the request.
To keep the process secure, the receiver’s details are partially masked before confirmation, helping avoid accidental transfers. Once the request is submitted, the transfer goes through CDSL verification. If the request is placed between 9:00 AM and 7:00 PM on a trading day, the CDSL authorisation link is sent after 7:00 PM on the same day, and the authorisation needs to be completed before 11:00 PM. After successful validation, the gifted securities are credited to the receiver’s Demat account on the next trading day.
Charges
At FYERS we do not charge any platform fee for gifting securities.
However, standard depository charges apply. A DP charge of ₹12.5 + 18% GST per stock or ISIN is applicable for each gift transaction.
The gifting feature is available only on trading days.
Track Every Gift Transaction
You can monitor gift transactions from FYERS Reports under the Gifting Transactions section.
Here, you can view sent gifts, received gifts, transaction history, financial year filters, and transaction status.
Tax Implications in Brief
One small but important thing to remember, gifting securities may also have tax implications depending on the nature and value of the gift. While we do not provide tax advice at FYERS, it’s always a good idea to consult a tax advisor or chartered accountant before proceeding.
Click here to check the detailed tax implications.
Points to Remember
BO linking is mandatory. BO linking refers to linking the beneficiary owner details required for Demat transfer validation. You must complete this before initiating a gift request. You can refer to the BO linking FAQ for more details.
Only eligible holdings can be gifted. Pledged securities, locked-in holdings, or securities with restrictions cannot be gifted.
CDSL validation must be completed on time. If you miss the 11:00 PM validation deadline or the validation fails, the request is cancelled automatically. The securities remain in your holdings, and you will need to initiate the gift request again.
Gift an Investment That Can Grow
Gifting securities lets you give something more meaningful than a one-time present.
With FYERS, you can gift eligible securities directly from your portfolio, complete the transfer securely through CDSL validation, and track every transaction from Reports.
To get started, go to Portfolio → Holdings on FYERS App or FYERS Web and explore the gifting feature.