SEBI vide circular no. SEBI/HO/IMD/DF2/CIR/P/2016/37 dated February 25, 2016 has mandated Mutual Funds to provide on their website, the list of names and addresses of Investors in whose folios there are unclaimed amounts (Redemption / Dividend). Further, Mutual Funds are also required to provide information on the process of claiming the unclaimed amount(s) and the necessary forms / documents required for the same.

In this context, investors may like to note the following:

• Redemption / Dividend cheques sent to investors that remain unpaid beyond their validity period are categorised as unclaimed.
• The investor will be eligible to receive the original amount payable to an investor, together with any income earned thereon by deployment in permitted instruments until three years from the date of the instrument. Any income earned after this date is transferred to the Investor Education and Protection Fund in accordance with the provisions of the above mentioned Circular and the SEBI Regulations / Guidelines
• Investors/Unit Holders of the schemes of the Mutual Fund can obtain information on the folios with unclaimed amounts from the website of the Mutual Fund as mentioned below as well as from the website of AMFI (www.amfiindia.com).
• Information on the unclaimed amount and its prevailing value will be separately disclosed to investors through monthly Consolidated Account Statement sent to the investors in case of transacted cases & and on half yearly basis in case of non- transacted cases for respective folios.

Process to Claim the Unclaimed Dividend/Redemption amounts.

Investors wishing to claim such amounts, may fill the Unclaimed Redemption / Dividend claim form (click here) and comply with the requirements stated therein.

Important : To process the claim, bank account details are mandatory. Investors are requested to get the bank account updated in their folio prior submitting the claim request.

Request would be processed with the NAV as on the date of receipt of the request.

TDS as applicable would be deducted on capital gains, if any, earned by the investor, if the investor is an NRI.