News From Press What is the right of an heir in the mutual fund holdings of a parent?

What is the right of an heir in the mutual fund holdings of a parent?

Source: Mint Feb 21, 2022

My dad had invested in mutual funds in which my mother was a nominee. I have lost my parents and wish to transmit them in my name. My query is - whether these mutual funds can be transferred to a Hindu Undivided Family (HUF) that I have created to reduce tax liability?

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