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6h agoMutual fund transfers eased: demat no longer mandatory for unit movements
India’s market regulator simplified mutual fund unit transfers by allowing nondemat transfers for scenarios such as gifting within family, adding joint holders once a minor turns major, or updating nominees after a holder’s demise. The move is intended to reduce friction for investors, broaden access, and speed post-transaction processing without mandating demat accounts. Asset managers and registrars will align operational workflows to the relaxed framework. The change follows a broader push to streamline processes and enhance investor convenience in India’s mutual fund ecosystem.
Explore:High Return Equity Mutual Fund
positive
6h agoMutual fund transfers eased: demat no longer mandatory for unit movements
India’s market regulator simplified mutual fund unit transfers by allowing nondemat transfers for scenarios such as gifting within family, adding joint holders once a minor turns major, or updating nominees after a holder’s demise. The move is intended to reduce friction for investors, broaden access, and speed post-transaction processing without mandating demat accounts. Asset managers and registrars will align operational workflows to the relaxed framework. The change follows a broader push to streamline processes and enhance investor convenience in India’s mutual fund ecosystem.
Explore:High Return Equity Mutual Fund
positive
Mutual fund transfers eased: demat no longer mandatory for unit movements
about 6 hours ago
1 min read
83 words
Unit transfers in mutual funds can now be executed without demat accounts, simplifying gifting and joint-holder updates for investors.
India’s market regulator simplified mutual fund unit transfers by allowing nondemat transfers for scenarios such as gifting within family, adding joint holders once a minor turns major, or updating nominees after a holder’s demise. The move is intended to reduce friction for investors, broaden access, and speed post-transaction processing without mandating demat accounts. Asset managers and registrars will align operational workflows to the relaxed framework. The change follows a broader push to streamline processes and enhance investor convenience in India’s mutual fund ecosystem.
India’s market regulator simplified mutual fund unit transfers by allowing nondemat transfers for scenarios such as gifting within family, adding joint holders once a minor turns major, or updating nominees after a holder’s demise. The move is intended to reduce friction for investors, broaden access, and speed post-transaction processing without mandating demat accounts. Asset managers and registrars will align operational workflows to the relaxed framework. The change follows a broader push to streamline processes and enhance investor convenience in India’s mutual fund ecosystem.
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mutual_funds
India
mutual_funds
India
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investors
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Oct 30, 2025 • 21:03 IST