I had invested in a Morgan Stanley mutual fund in 1994. I had transferred my holding to a demat account, but it seems to have disappeared from there. I want to know how I can sell my holding.
-Jaybhagwan
The Morgan Stanley Growth fund that you had invested in 1994 has seen a substantial appreciation in value. Until 3 years back, this was a closed-end fund that could be bought and sold like a share. It is now an open-end fund. We estimate that your money would have risen in value by now. You should contact Morgan Stanley Mutual Fund with your folio number, through their offices or their website. They will provide you with your account statement and then you can immediately sell your investments if you wish to do so.
This article was originally published on April 03, 2012.