Here we explore the case of transferability and gifting of mutual funds to your children
The units of mutual funds can neither be gifted nor transferred. The only situation in which a transfer is allowed from one person to another is upon the death of the investor. In such a situation, the nominee is required to produce the death certificate of the investor along with the KYC documents. The mutual fund units are then transmitted in the name of t
This article was originally published on May 05, 2022.
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