Raksha Bandhan 2023: Transferring stocks, mutual funds to health insurance; 4 financial gifts to secure your s
Last Update Date: 06-10-2026
Published by The Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar explained how mutual fund units can be gifted by moving them between demat accounts, except units still under lock-in, and noted that transfers across depositories have been allowed since December 2022.
More of Abhishek's views on insurance
Written for Raksha Bandhan, the article suggests financial gifts for a sister: money, mutual fund units, shares and health insurance. It explains that gifts between siblings are tax-free, how securities can be moved between demat accounts, and how a brother can buy a health policy for his sister.
Publisher source
Raksha Bandhan 2023: Transferring stocks, mutual funds to health insurance; 4 financial gifts to secure your s