Can Mutual Fund units be transferred like shares

Please let me know whether mutual fund units can be transferred like shares?

Sep 12, 2016 by R.K. Bansal,   |   Mutual Fund

Please note that units of mutual fund schemes are not transferable like shares.

Mutual funds units are transmitted to the nominee or the second holder only on demise of the first applicant.

Thanks for writing to us.

Search
You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY
Bajaj Finserv Start SIP Today 300x250
HSBC MF Informed Investing 300x600
Feedback
Notification