Transmission of Mutual Fund Units
When a mutual fund holder passes away, the ownership of their mutual fund units must be legally transferred to the rightful heir, nominee, or surviving joint holder. This transfer is called Transmission of Mutual Fund Units.
When a mutual fund holder passes away, the ownership of their mutual fund units must be legally transferred to the rightful heir, nominee, or surviving joint holder. This transfer is called Transmission of Mutual Fund Units.
At Shares Recovery Expert, we specialize in helping families and legal heirs complete the mutual fund transmission process smoothly—whether the units are in physical form, offline folios, or already in Demat form.
What Is the Transmission of Mutual Fund Units?
Transmission is the process of transferring mutual fund units from a deceased investor to:
- Nominee (registered in folio)
- Surviving joint holder
- Legal heir (if no nominee exists)
This is a legal inheritance process, not a sale or transfer.
Types of Transmission Cases
If the investor has registered a nominee, transmission is very simple. Nominee needs to submit: Death certificate, KYC documents, TRF, Bank proof & PAN.
If units were held jointly: Only the surviving holder needs to apply. Death certificate of deceased holder and KYC of surviving holder are required.
If no nominee exists, units can be transmitted by submitting: Death certificate, KYC of all heirs, Indemnity bond, Affidavit, and Legal heir certificate / Succession certificate.
Required Documents for Mutual Fund Transmission
- Copy of death certificate (notarized)
- PAN & Aadhaar of claimant
- KYC form / CKYC
- Bank proof (cancelled cheque)
- Transmission Request Form (TRF)
Why Choose Shares Recovery Expert?
- Specialists in mutual fund inheritance & documentation
- End-to-End Support from TRF to coordination with CAMS & KFin
- Help in Locating Old or Offline Folios
Request Expert Help
Schedule a free consultation regarding
Transmission of Mutual Fund Units