Misplaced monitor of your previous mutual fund investments? SEBI’s MITRA will help you discover and reclaim them in minutes—right here’s the way to unlock hidden cash!

In February 2025, the Securities and Change Board of India (SEBI) launched the Mutual Fund Funding Tracing and Retrieval Assistant (MITRA), a digital platform designed to help traders in finding and reclaiming inactive or unclaimed mutual fund investments.

What’s SEBI’s MITRA?

MITRA is a centralized, searchable database developed by SEBI in collaboration with Registrar and Switch Brokers (RTAs) like CAMS and KFin Applied sciences. The platform goals to assist traders determine and get better mutual fund folios which have turn into inactive as a result of varied causes, reminiscent of outdated contact info or ignorance.

Why Was MITRA Launched?

Over time, many traders lose monitor of their mutual fund investments, particularly these made earlier than the implementation of obligatory PAN necessities in 2006. These investments typically stay unclaimed as a result of:

• Modifications in touch particulars with out correct updates.
• Lack of know-how about investments made of their identify.
• Non-compliance with present Know Your Buyer (KYC) norms.

MITRA addresses these points by offering a platform to hint and reclaim such investments.

Key Options of MITRA

• Centralized Database: MITRA consolidates knowledge from varied AMCs, offering a single level of entry for traders.
• Person-Pleasant Interface: The platform is designed to be intuitive, permitting customers to go looking utilizing primary particulars like PAN, identify, or folio quantity.
• Safety Measures: MITRA incorporates strong cybersecurity protocols to guard investor info.
• Restricted Search Makes an attempt: To stop misuse, the platform permits as much as 25 search makes an attempt per person.

Who Can Use MITRA?

MITRA is meant for:?

• Particular person Buyers: Seeking to hint their very own inactive or unclaimed mutual fund investments.
• Authorized Heirs/Nominees: In search of to assert investments of deceased relations.
• Monetary Advisors: Helping shoppers in recovering forgotten investments.?

Learn how to Entry MITRA

Buyers can entry MITRA by way of the next web site –

Learn how to Use the MITRA Portal: Step-by-Step Information

Right here’s an in depth walkthrough that will help you hint and reclaim your forgotten or inactive mutual fund investments utilizing MITRA:

Step 1: Go to the MITRA Platform

Go to any of the MF Central web site:

On the homepage, search for a banner or hyperlink titled “MITRA” or “Observe Your Previous Mutual Fund Investments”. Click on on it to open the devoted MITRA portal.

Step 2: Enter Your Funding Particulars

You’ll now be prompted to fill in primary info. You’ll be able to search by any a number of of the next:

• PAN Quantity (most correct technique)
• Full Title (as registered in funding)
• Date of Start
• Cell quantity or E mail ID (linked to the folio)
• Folio Quantity (if identified)

Even in the event you don’t keep in mind folio particulars, simply your PAN and identify could also be sufficient to hint older information.

Step 3: Full the Verification

To make sure the privateness and safety of your knowledge, you’ll have to confirm your identification utilizing OTP-based authentication:

• An OTP can be despatched to your registered cellular quantity and/or e mail.
• Enter the OTP on the platform to proceed additional.

In case your contact particulars are outdated or unlinked, the system will immediate you for alternate verification routes or updating KYC first.

Step 4: View Matched Outcomes

As soon as verified, the portal will:

• Scan throughout all AMCs (Asset Administration Corporations)
• Present a listing of any unclaimed, inactive, or forgotten folios linked to your particulars
• Show the fund home identify, folio quantity, scheme identify, and holding worth (if any)

If nothing reveals up, strive utilizing different mixtures (like an previous cellular quantity, full authorized identify, and so forth.)—you get as much as 25 search makes an attempt.

Step 5: Reclaim Your Mutual Fund Investments

If the platform finds matching folios, now you can start the method to retrieve them:

• Click on on the folio or fund you’d wish to reclaim
• Observe the on-screen directions, which can embrace:
  • Finishing or updating your KYC particulars
  • Importing paperwork (like ID proof, cancelled cheque, and so forth.)
  • When you’re a nominee or authorized inheritor, submitting loss of life certificates or succession paperwork

As soon as submitted, the respective AMC or RTA (CAMS or KFin) will course of your declare. This will take just a few days to weeks relying on doc verification.

Significance of KYC Compliance

Guaranteeing your KYC particulars are up-to-date is essential for:

• Facilitating easy transactions and redemptions.
• Receiving well timed updates and statements.
• Stopping fraudulent actions.?

MITRA encourages traders to replace their KYC info to align with present norms.

Conclusion

MITRA serves as a invaluable software for traders to reconnect with their forgotten or unclaimed mutual fund investments. By offering a centralized and safe platform, SEBI goals to reinforce transparency and investor safety within the mutual fund business. For extra info and to entry the MITRA platform, go to SEBI’s official web site.