NSDL facilitates the conversion of mutual fund units between physical and electronic formats. Investors benefit from this as it allows them to switch between physical certificates and electronic holdings based on their preferences or regulatory requirements.

Depository Account Validation (DAN)  is a secured internet based facility. This system allows subscribers such as Book Running Lead Managers, Syndicate Members and others to validate and verify the DP ID, Client ID and PAN of investors through a file upload. By using the DAN system, Book Running Lead Managers, Syndicate Members, and others can ensure accuracy and validation of investor details before processing transactions.