comparemela.com

Latest Breaking News On - Mf asset management companies - Page 1 : comparemela.com

How to Claim Mutual Fund Units After Death of the Unit-holder

 0 We save and invest in the hope of providing a better life for ourselves and our loved ones. But death is inevitable. So what happens to our mutual fund (MF) units when we die?   Transmission of MF units is a process whereby units held in the name of deceased unit-holder are transferred either to the surviving unit-holders or to the nominee or to the legal heirs.    MF Asset Management Companies (AMC) have a common procedure for transmission of units, however, there might be a slight variation in formats or documents required across AMCs, but broadly the process is the same.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.