I have invested in Morgan Stanley Growth Fund in 1994. I have a physical copy of the same. Kindly assist with how it can be redeemed and also what its value shall be. - Anonymous
In 2014, Morgan Stanley exited India, and HDFC Mutual Fund acquired all its eight mutual fund schemes. Learn more about that here.
The Morgan Stanley Growth Fund was transitioned into HDFC Large Cap Fund (now HDFC Large and Mid Cap Fund). Until 2009, it was a closed-end fund; however, post the 15-year lock-in period, it became an open-end fund.
Now if you want to redeem your units of Morgan Stanley Growth Fund, you should contact HDFC AMC with your proof of ownership and other relevant details. They should be able to help you claim and redeem the mutual fund units.
Suggested read: Mutual fund redemption and taxation
This article was originally published on October 29, 2022.
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