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Sebi mulls new platform to trace unclaimed MF folios
Hindustan Times Rajasthan
|December 18, 2024
THE PLATFORM WOULD ALLOW INVESTORS TO SEARCH FOR FORGOTTEN MF INVESTMENTS, UPDATE KYC
NEW DELHI: Markets regulator Sebi on Tuesday proposed developing a service platform for investors to trace inactive and unclaimed mutual fund (MF) folios. The proposed service platform called Mutual Fund Investment Tracing and Retrieval Assistant (MITR) would be developed by the Registrar and Transfer Agents (RTAs), Securities and Exchange Board of India (Sebi) said in its consultation paper.
This story is from the December 18, 2024 edition of Hindustan Times Rajasthan.
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