Unclaimed mutual fund money surged 21% to Rs 3,452 crore in 2024-25, primarily due to outdated investor details. Sebi addressed this with MITRA and revised nomination norms. Concurrently, the industry achieved record net inflows and significant growth in unique investors and SIP accounts.
​Unclaimed mutual fund money surged 21% to Rs 3,452 crore in 2024-25, primarily due to outdated investor details. Sebi addressed this with MITRA and revised nomination norms. Concurrently, the industry achieved record net inflows and significant growth in unique investors and SIP accounts. by Soban News (international And National News)
