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How to gift mutual fund units without selling them- Moneycontrol.com

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How to gift mutual fund units without selling them- Moneycontrol.com

Both giver and recipient must have folios and be KYC-compliant Most people think of mutual funds in a very simple way — you invest, you hold, and when you need money, you redeem. But what if you want to give those units to someone instead? Say your child, spouse or even a sibling. Earlier, transferring mutual fund units during your…

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