How to transmit PPFAS units on a unit holder's death

Sun, 17 May 2026 00:00:00 +0000

Transmission is the legal process for transferring a deceased unit holder’s PPFAS Mutual Fund units to the rightful recipient. The recipient depends on what the folio has on record: a registered nominee, a surviving joint holder under Joint or Either-or-Survivor mode, or a legal heir established through court instruments (succession certificate, probate of will, letter of administration). The third path is by far the slowest and most documentarily painful, which is why adding a nominee on every folio matters: with nominee on record, transmission typically completes in 10 to 30 business days; without one, the process can stretch to 60 to 90 business days or longer.

Transmission on WebNotes

How to transmit PPFAS units on a unit holder's death