Sebi launches MITRA to help investors track unclaimed mutual funds folios

Daily Current Affairs / Sebi launches MITRA to help investors track unclaimed mutual funds folios

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Category : Business and economics Published on: February 17 2025

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SEBI launched the MITRA platform (Mutual Fund Investment Tracing and Retrieval Assistant), which helps investors track inactive and unclaimed mutual fund folios.
According to a circular issued by SEBI on February 12, the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA) will assist with investments that have been ignored, lost, or left unclaimed due to outdated Know Your Customer (KYC) details or the death of the original investor.