The need to transmit mutual fund units arises in case of the unit holder's death. It is a relatively easy process if the documents are in place. If there are units across a number of fund houses, these requests have to be submitted to each fund house.
1. How does one transmit units?
If the first holder passes away , the units can be transmitted to the sec ond holder. In case there is only one holder, the units can be trans mitted to the nominee.
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