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        Case ID :
        SEBI

        Transferability of Mutual Fund units

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        Transferability of mutual fund units affirmed; AMCs must addend demat holdings as freely transferable, ELSS lock in unchanged. Asset management companies must issue an addendum by October 1, 2010 clarifying that mutual fund units held in demat form are freely transferable from the addendum's effective date, while transfers of units of equity linked savings schemes remain subject to existing lock in restrictions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Transferability of mutual fund units affirmed; AMCs must addend demat holdings as freely transferable, ELSS lock in unchanged.

                                Asset management companies must issue an addendum by October 1, 2010 clarifying that mutual fund units held in demat form are freely transferable from the addendum's effective date, while transfers of units of equity linked savings schemes remain subject to existing lock in restrictions.


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