*Have Your Parents Invested in Mutual Funds and Forgotten About Them? Or Inherited Investments You’re Unaware Of?* The good news is that such investments often grow significantly over time, thanks to the power of compounding. However, their value and lack of visibility can also make them vulnerable to fraud. *Introducing SEBI’s MITRA:* Track and Reclaim Lost Mutual Fund Investments To safeguard investor interests, SEBI has launched MITRA (Mutual Fund Investment Tracing and Retrieval Assistant)—a digital platform designed to help individuals trace and reclaim unclaimed or inactive mutual fund investments. Over the years, many investors lose track of their mutual fund holdings due to outdated KYC information, lack of awareness, or inherited investments they were never informed about. Such dormant folios can become easy targets for fraudulent withdrawals. *Key Benefits of MITRA:* ✅ Access to a centralized database of inactive and unclaimed mutual fund folios ✅ Helps investors identify forgotten investments, including those made by others in their name ✅ Promotes KYC updates, reducing non-compliant folios ✅ Enhances investor security by reducing the risk of fraudulent claims on unclaimed assets *What is an Inactive Folio?* A folio is classified as inactive if there have been no investor-initiated financial or non-financial transactions for 10 years, despite having a positive unit balance. If you or someone you know has old or forgotten mutual fund investments, MITRA could help reclaim what’s rightfully yours! *Do you believe this initiative will effectively address the problem of unclaimed investments?* Details on accessing the platform will be shared soon. #sebi #mitra #mutualfunds #investorprotection #personalfinance #trackyourwealth #manaviwealth