New Delhi, Nov. 3 -- Investors with inactive or unclaimed mutual fund investments are recommended to trace and retrieve their forgotten folios by applying through a legitimate channel.

There are a number of ways to reclaim your unclaimed mutual funds. One of the most effective ways - introduced by the Securities and Exchange Board of India (Sebi) -is through Mitra.

For the unversed, Mitra is a service platform that helps investors trace inactive and unclaimed mutual fund folios and is an abbreviation for Mutual Fund Investment Tracing and Retrieval Assistant.

Developed by the RTAs (CAMS and KFIN Technologies), this platform provides investors with a searchable database of inactive and unclaimed mutual funds across fund houses.

It is a...