SEBI vide circular no.
dated February 25, 2016 has
mandated Mutual Funds to provide on their website, the list of names and addresses
of investors in whose folios there are unclaimed amounts (redemption / dividend).
Further, Mutual Funds are also required to provide information on the process
of claiming the unclaimed amount(s) and the necessary forms / documents required for
What is an unclaimed redemption or dividend?
Redemption / dividend cheques sent to investors that remain unpaid beyond their
validity period are categorised as unclaimed.
What is the process to claim these amounts?
Investors are required to submit the completed
Unclaimed redemption / dividend claim form and
comply with the requirements stated therein.
What is the amount payable to an Investor?
The original amount payable to an investor, together with any interest earned thereon
by deployment in permitted instruments until three years from the date of the instrument.
Any interest earned after this date is transferred to the Investor Education and
Protection Fund in accordance with the provisions of extant SEBI Regulations / Circulars
& Guidelines. These provision also specify the nature and manner of utilisation
of such amounts.
To ascertain your unclaimed amount(s) (redemption / dividend) with us, please click here