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UNCLAIMED REDEMPTION
Unclaimed money in mutual funds surges 21% in 2024-25, AMCs hold Rs 3,400 crore in dividend & redemptions: SebiUnclaimed mutual fund money surged 21% to Rs 3,452 crore in 2024-25, primarily due to outdated investor details. Sebi addressed this with M...
Sebi launches MITRA to help investors trace inactive mutual fund foliosIn a circular, Sebi said the platform addresses a growing concern wherein investors, over time, lose track of their mutual fund investments...
Sebi launches MITRA to help investors trace inactive mutual fund foliosIn a circular, Sebi said the platform addresses a growing concern wherein investors, over time, lose track of their mutual fund investments...
Sovereign Gold Bond: PNB’s important announcement for SGB investors regarding maturity amount, interestSGB Investment: Punjab National Bank (PNB) has notified that customers who have invested in Sovereign Gold Bonds (SGB) and RBI Bonds and ha...
PNB unclaimed savings account, FDs: PNB launches campaign called 100 Days, 100 Pays; are you eligible?the Reserve Bank of India (RBI) announced the creation of a new centralised web portal for searching for unclaimed deposits older than ten ...
Sebi calls for information on unclaimed non-convertible securities by Sep 15The entities need to submit information on name of the issuer, ISIN, unclaimed amount related to interest or dividend, principal or redempt...
Unclaimed deposits: RBI launches awareness campaignAccording to RBI norms, balances in savings/current accounts that are not operated for 10 years, or term deposits not claimed within 10 yea...
Sebi allows AMCs to offer instant access facility in overnight mutual fund schemesMarkets regulator Sebi on Friday allowed asset management companies to offer instant access facility in overnight mutual fund schemes
Sebi extends instant cash facility to MFs’ overnight schemesThe Securities and Exchange Board of India (Sebi) on Friday said mutual funds can offer instant access facility in overnight schemes. This ...
Rs 82,000 crore lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money backET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are uncla...
Unclaimed shares, insurance, deposits: How to find and get your dues backCrores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.
All you need to know about unclaimed money in mutual fundsWhen an investor fails to encash a redemption or dividend cheque before it becomes invalid, the amount is categorised as unclaimed.
New scheme for unclaimed dividends kicks in from tomorrowThe website of MFs and Amfi will also provide information on the process of claiming the unclaimed amount and the necessary documents requi...
How to avoid leaving monetary balances unclaimedFailing to maintain records of the investments or of an insurance policy might lead to having unclaimed balances.
Sebi allows investment of unclaimed dividend in liquid fundsTo check mis-selling of mutual funds, markets regulator Sebi allowed unclaimed redemption and dividend amounts to be invested in a separate...
Four steps to secure unclaimed mutual funds paymentsSebi says such funds have to be invested by fund house in shortterm debt instruments. Net asset value of these funds is also calculated.
- Claim your dividends before it gets too late
Following the amendment to Section 205B and insertion of Section 205C in the Companies Act,