Let's understand if grandchildren can receive mutual fund units as gifts
My son expired and as joint holder, mutual fund units were inherited by me. Now I want to gift mutual fund units to my son's children. Is it possible? If not, what is the best way to transfer? - Anonymous If you're wondering whether you can gift mutual fund units to your grandchildren, the answer is no. Mutual fund units cannot be gifted or transferred. This means you cannot gift the mutual fund u
This article was originally published on April 12, 2023.
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