Transmission of mutual fund units on death of holder

Mon, 18 May 2026 00:00:00 +0000

Transmission is the legal process by which mutual fund units are transferred from a deceased unitholder to a nominee or legal heir. The transmission process is governed by the SEBI (Mutual Funds) Regulations 1996 and AMFI’s Best Practice Guidelines, with substantial reforms in 2024 streamlining cross-AMC consolidation and joint-holding cases. For most Indian families, mutual fund transmission is one of the most-frequently-encountered estate-administration procedures, given the rapid growth of mutual fund holdings across Indian households.

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Transmission of mutual fund units on death of holder