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How to find Indian mutual fund folios you forgot you had

You invested before you moved abroad, the statements went to an address you left years ago, and you have no idea what is still sitting there.

You put money into Indian mutual funds before you emigrated, possibly through a bank relationship manager you have long since lost touch with. The account statements went to an Indian address, the alerts went to a mobile number that lapsed, and you genuinely do not know how many folios exist or what they are worth. Or your parent has died and the family has found references to funds nobody can identify. Since February 2025 there has been a search built specifically for folios like these, the ones that have gone quiet and whose contact details no longer reach anyone.
Last reviewed: 27 August 20269 min readReviewed by Preetesh Maloo, CA

The short answer

Search MITRA, SEBI's industry-wide platform for tracing inactive and unclaimed mutual fund folios. It is free, it runs on your PAN with an OTP, and you reach it through MF Central or the AMFI, SEBI and AMC websites. A folio counts as inactive once nobody has transacted on it for ten years while units are still sitting in it. What MITRA does is find the folio. It does not prove the units are yours and it does not pay anything out. For an NRI the work starts after the match, because an old folio is almost always tied to a resident KYC record, an Indian address and a bank account that no longer exists.

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MITRA finds the folio. It does not release the money

MITRA is a search tool, not a claims portal. You reach it through MF Central, the joint CAMS and KFintech platform, and also from the AMFI, SEBI and AMC websites.

You enter your PAN, authenticate with an OTP, and it searches an industry-level database built by the two big registrars. You can narrow it with an email, a mobile number, a date of birth, a nominee name, a bank account number or a city.

What comes back is deliberately thin. For privacy reasons the result lists the fund houses that appear to hold a folio against your PAN, grouped by AMC. Not folio numbers, not scheme names, and not a valuation. From there you approach each AMC or its registrar yourself.

So MITRA does not process a KYC change, a bank update, a transmission or a redemption, and it will not tell you what the holding is worth. Anything describing it as an unclaimed-money claim portal is wrong, and that framing wastes the time of someone who finds a match and then cannot act on it.

Why a folio goes quiet when you emigrate

A decade of silence is rarely neglect. After emigration the folio's KYC, address, bank and contact details simply stop matching the person who owns it.

Five things quietly stop matching you: the KYC still says resident, the address is one you left, the registered mobile was surrendered, the email was a work address at an old employer, and the bank account the AMC would credit has been closed or converted. The fund house has no way to reach you and no account to pay you.

The 2024 KYC rules made this sharper. Records that were fine for years moved to registered or on-hold status when the underlying proof no longer satisfied the new norms, and an on-hold KYC blocks redemption even on a folio you can see.

Your units did not go to the government

Company shares and mutual fund units follow different unclaimed-asset rules, and most people arrive here applying the shares rule to funds.

Company sharesMutual fund units
After long non-contactdividends unclaimed for 7 years move the SHARES themselves to the IEPFunits stay in your folio
How you get them backfile Form IEPF-5 and waitdeal with the AMC directly

So a dormant folio has not been confiscated. The units sit where they always sat. If your problem really is shares rather than funds, that is the IEPF reclaim route and it is a longer road.

Unclaimed payout money is a separate pot

An inactive folio and unclaimed money are two different things, and you can have one without the other. A redemption or dividend that was processed but never reached you does not sit in the folio: it goes into a separate plan of a liquid scheme, with the expense ratio capped and no exit load.

Claim within three years of the due date and you receive the amount plus the income earned on it. Claim after three years and you still receive the amount, plus income only up to the end of the third year, because income beyond that is applied to investor education.

The principal itself does not lapse. Waiting costs you return, not the money.

What has to be true before the AMC can pay an NRI

Once MITRA gives you a match, the fund house has to be able to lawfully pay a non-resident. That means four things lining up.

Your KYC has to be reclassified from resident to non-resident, with a foreign address and identity proof attested in the way the registrar accepts. FATCA and CRS declarations have to be current, which for a US or Canadian holder can also determine whether the AMC will let you transact at all. The payout bank account has to be an NRO account in your name, since the old resident account cannot receive it. And the contact details on the folio have to be ones you actually control.

These updates have to be completed before a redemption can be processed, so the work is entirely front-loaded.

If the folios were a parent's

You can search for them. SEBI built the platform for this case specifically: its stated objective is to let investors identify overlooked investments, or investments made by another person for which they may be the rightful legal claimant. The registrars' FAQ puts it plainly, that the query can be used to check holdings for yourself or for anyone other than yourself.

So run it against your parent's PAN. You still log in with your own email and OTP.

Once a folio is identified as the deceased's, this stops being a discovery problem and becomes a transmission one, which is a different process with different paperwork. SEBI revised that framework with effect from 22 August 2026 and the documentation limits went up, so a holding that would have needed a succession certificate last year may not now. The route is set out on the transmission page, and the harder no-nominee case on its own page.

What's involved

What the CA actually does

  1. 1

    We reclassify the KYC from resident to NRI

    The single most common blocker. We handle the status change, the attestation of foreign address and identity proof, and the KRA record, so the folio stops being frozen at the point of redemption.

  2. 2

    We fix FATCA, CRS and the payout account

    Current declarations and an NRO account the AMC will actually credit. For US and Canadian holders we also tell you upfront which fund houses will and will not let you transact.

  3. 3

    We handle it where the holder has died

    Transmission rather than redemption, under the framework that changed in August 2026, including whether your holding sits under the simplified limits or needs a succession certificate.

  4. 4

    We work out the tax before you redeem

    A folio held for a decade carries a long-term gain and, if it was inherited, the cost and holding period of the person who bought it. We compute it before the redemption, not after.

What to have ready

Documents you'll typically need

  • Your PAN, and any old folio numbers or account statements you can find
  • Passport, visa or residence permit, and proof of your overseas address
  • Your NRO account details for the payout
  • Any old email addresses or Indian mobile numbers the folio might be registered against
  • Where the holder has died, the death certificate and heirship proof

Your destination country can change the details

Requirements differ from one consulate, university and visa route to the next, how recent the figures must be, how long funds must have been held, and which certificates are mandatory. We assemble the documents around the exact checklist you're applying under. To see how India's tax treaty with your country of residence affects related filings, set your country below or compare all 46 countries.

References on this page

  • SEBI circular SEBI/HO/IMD/IMD-SEC-3/P/CIR/2025/15 dated 12 February 2025, establishing MITRA
  • Inactive folio: no investor-initiated transaction, financial or non-financial, for ten years, with a unit balance still held
  • MITRA is hosted jointly by CAMS and KFintech and reached through MF Central, AMFI, SEBI and AMC websites
  • Unclaimed redemption and dividend money sits in a separate liquid plan; claimed within three years you get the amount plus the income earned, after that the amount plus income to the end of year three
  • Mutual fund units are NOT transferred to the IEPF the way company shares are after seven years of unclaimed dividends

Frequently asked questions

Common questions

When there has been no investor-initiated transaction, financial or non-financial, for ten years, and there is still a unit balance in it. A non-financial transaction counts, so even updating your address resets that clock.

No. That is the rule for company shares, where dividends unclaimed for seven years cause the shares themselves to move to the IEPF. Mutual fund units stay in your folio. Only the income earned on separately held unclaimed payout money, and only after three years, is applied to investor education.

Yes. SEBI designed it partly for this, to surface investments made by another person for which you may be the rightful legal claimant, and the registrars' FAQ confirms you can check holdings for someone other than yourself. You log in with your own email. Once a folio is found, it becomes a transmission matter rather than a search one.

Yes. The OTP goes to an email or mobile you supply when you log in, not to the contact on the dormant folio, and the registrars confirm a non-resident can use the platform by giving an email where the OTP can be triggered. The folio's old contact details are only optional search refinements.

Because the folio almost certainly still carries a resident KYC, an old Indian address and a closed bank account. The fund house cannot pay a non-resident until the KYC is reclassified, FATCA and CRS are current, and an NRO account is on file. That sequencing is the actual work.

Not on the principal, but redeeming units is a sale, so the gain is taxable. A folio untouched for a decade is long-term, and if you inherited it your cost and holding period carry over from the person who bought it, which usually helps. Worth computing before you redeem.

The exceptions that change the answer

Where the general rule stops applying to you

Every rule below has a carve-out, a cut-off date or a condition that flips the answer. These are the ones that decide real cases.

India's automatic exchange of financial account information

Right now: FATCA in force: Indian banks and funds report US persons' accounts to the IRS via India's Form 61B channel

Where it works differently

A US-citizen or green-card-holder NRI holds an Indian bank or mutual-fund account
The account is reported to the IRS under FATCA even though the person files Indian returns as an NRI. It is dual reporting, not either/or.
FATCA reporting turns on US-person status, independent of Indian residential status.

Commonly got wrong

  • CRS covers the US too, so a US-based NRI is exchanged under CRS. The US is not a CRS participant. US persons are caught only under FATCA.A UK, UAE or Canada NRI is reported under CRS; a US-person NRI is reported under FATCA.

Found an old folio you cannot touch?

Run the free MITRA search yourself first, it takes minutes. If it names a fund house and the KYC, FATCA or NRO side then blocks you, or the holder has died, tell us where it stopped. A practising CA will clear it on a free call, no obligation.

No card, no obligation. All certification and filing work is handled by ICAI-registered practising Chartered Accountants.