New Delhi, Feb. 17 -- The Securities and Exchange Board of India (SEBI) has launched MITRA to help investors track inactive mutual fund folios, ensuring KYC compliance and reducing fraud risks according to a detailed notification released by SEBI on February 12, 2025.

This is a step taken by the regulator in the interest of investor goodwill and protection.

The SEBI has put in place this new platform MITRA, which is abbreviated as Mutual Fund Investment Tracing and Retrieval Assistant, as detailed through a recent notification on the official website of SEBI. This initiative aims at identifying inactive or unclaimed mutual fund folios which were neglected over the years, for investors.

Earlier mutual fund records were not digital. They...