Now, you can transfer mutual fund units held outside demat to others. Here’s how
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar advised investors to plan their cash needs around the 10-day lock-in on transferred units, noted the recipient's cost of acquisition depends on whether it is a transfer or a gift, and said only units free of liens can be moved.
More of Abhishek's views on mutual funds
The article explains new online facilities that let investors transfer mutual fund units held outside demat to relatives or third parties. It covers the step-by-step process, KYC needs, the recipient's folio, the redemption lock-in and how tax and stamp duty differ between a transfer and a gift.
Publisher source
Now, you can transfer mutual fund units held outside demat to others. Here’s how