New Delhi, Feb. 15 -- SEBI has launched MITRA, a centralized platform to monitor and manage inactive MF foliosSupervised by leading registrar and transfer agents, CAMS and KFin Tech, MITRA aims to enhance investor protection by identifying and addressing dormant folios. The platform helps track unclaimed dividends, unredeemed units, and other inactive investments, ensuring that investors or their legal heirs can reclaim them efficiently.

By streamlining communication and providing alerts, MITRA reduces the risk of fraud and mismanagement in the mutual fund industry, reinforcing transparency and investor confidence in the financial system.

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