Unclaimed money in mutual funds surges 21% in 2024-25, AMCs hold Rs 3,400 crore in dividend & redemptions: Sebi
Unclaimed money in mutual funds has surged by nearly 21% from Rs 2,862 crore in 2023-24 to Rs 3,452 crore in 2024-25 indicating the increase in unclaimed dividend and redemptions, according to the annual report by Sebi. The annual report by the market regulator shows that the unclaimed redemption amount of mutual funds increased by … Read more