Transmission of mutual fund units on death

Tue, 12 May 2026 00:00:00 +0000

Transmission of mutual fund units is the process by which the ownership of mutual fund units held by a deceased unitholder is transferred to the nominee registered in the folio, or in the absence of nomination, to the legal heirs of the deceased as established by succession law. Transmission is distinct from a switch or redemption; it is not a transaction initiated by the investor but a post-death legal process initiated by the claimant(s) upon providing proof of death and identity to the AMC or its Registrar and Transfer Agent (RTA) .

Death Claim on WebNotes

Transmission of mutual fund units on death