Voluntary Debit Freeze allows investors to lock mutual fund folios to prevent debits until unlocked; KYC and contact details required.
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....Voluntary debit freeze facility introduced for mutual fund folios (demat and non-demat) to prevent any debits until the folio is unlocked; the facility will be provided interoperably via the MF Central RTA platform in the first phase and is available only to KYC complied investors with valid email and mobile. AMFI will prescribe locking/unlocking procedures and the list of financial and non financial transactions permissible during lock in; AMCs/RTAs must disclose the process and impacts. The measure takes effect April 30, 2026 and is issued under SEBI's regulatory powers.....
TaxTMI