New Delhi, Jan. 30 -- Are you looking to gift Mutual Fund units to your loved ones or simply consolidate your investments rejigging holdings between different accounts? Did you know that you can transfer or gift Mutual Fund units between Demat accounts?
The latest episode of Mint Money Shots, presented by Invesco Mutual Fund, saw Deputy Editor at Mint, Neil Borate, walk through the process of transferring Mutual Fund units between Demat accounts, along with listing out key steps and tax implications so you can do it smoothly, whether for family or friends. Watch the full episode below,
"Transferring mutual fund units between Demat accounts allows you to move investments between your own accounts or even gift them to loved ones. However,...
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