SEBI Unveils MITRA to Track Inactive Mutual Fund Folios
The Securities and Exchange Board of India (SEBI) has launched the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA), a new platform that assists investors in tracking, tracing, and reclaiming inactive or unclaimed mutual fund folios. This initiative aims to tackle a significant problem in the mutual fund sector—investors losing access to their investments because […]
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