Mutual Fund units can be transferred or gifted between Demat accounts. This process requires both parties to have active Demat accounts, and involves dematerialisation of units. Tax implications vary based on whether the transfer is to family or non-family members.
Can You Transfer Mutual Funds? Discover the Surprising Offline Method Hidden in Plain Sight!
livemint.com - 30 Jan 2025 14:19
Mutual Fund units can be transferred or gifted between Demat accounts. This process requires both parties to have active Demat accounts, and involves dematerialisation of units. Tax implications vary based on whether the transfer is to family or non-family members.
Share this Article
Recommended