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AMFI issued Standard Operating Procedure (SOP) for Handling Transmission of Mutual Fund Units on death of MF investor

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The Association of Mutual Funds in India (AMFI) has recently issued a comprehensive Standard Operating Procedure (SOP) aimed at facilitating the smooth transmission of mutual fund units in the event of an investor's demise. This initiative is designed to streamline and expedite the process of inheriting units for the beneficiaries. The SOP issued by AMFI outlines a systematic transparent framework for dealing with the transmission of mutual fund units, providing clarity and guidance for all stakeholders involved in managing the assets of deceased mutual fund investors.

Standard Operating Procedure (SOP) LINK -
https://www.amfiindia.com/Themes/Them...

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