We study the electro-optic properties of subwavelength-pitch deformed-helix ferroelectric liquid crystals (DHFLC) illuminated with unpolarized light. In the experimental setup based on the Mach-Zehnder interferometer, it was observed that the reference and the sample beams being both unpolarized produce the interference pattern which is insensitive to rotation of in-plane optical axes of the DHFLC cell. We find that the field-induced shift of the interference fringes can be described in terms of the electrically dependent Pancharatnam relative phase determined by the averaged phase shift, whereas the visibility of the fringes is solely dictated by the phase retardation.