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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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Sebi unveils simpler rules for mutual fund transmission claims

Mutual fund unit transmission is now simpler for nominees and joint holders. Asset management companies will rely on the latest address with valid documents. A harmonised framework addresses name and signature mismatches effectively. Surviving joint holders or nominees submit a death certificate and bank details. The process is completed within five to fifteen working days.

22 Jul 2026 6:14 am