Introducing MITRA: Helping You Find Forgotten Mutual Fund Investments!
Ever feel like you’ve invested in a mutual fund years ago but can’t remember the details? Or maybe a loved one left behind an investment, and you’re not sure where to start?
SEBI (Securities and Exchange Board of India) has launched a new platform just for you — it’s called MITRA, short for Mutual Fund Investment Tracing and Retrieval Assistant.
What Is MITRA?
MITRA is a free, secure, and user-friendly service that helps investors trace inactive and unclaimed mutual fund folios — in other words, investments that haven’t had any activity in 10+ years but still hold units!
Why Do Investments Become Inactive?
🠖 Old investments made with minimal KYC
🠖 Investments made in physical form
🠖 Investor may have passed away
🠖 Change in email, phone, or address without updating records
🠖 Units may not show up in your Consolidated Account Statement
These can result in forgotten or unclaimed folios. That’s where MITRA steps in.
How MITRA Helps You?
| Benefit | What It Means for You |
| Search inactive mutual fund folios | Find investments you or your family may have lost track of |
| Identify rightful claims | See if someone else invested on your behalf and left the folio unclaimed |
| Reduce fraud risks | Trace and claim your funds early, minimizing risks of misuse or delays |
| Build a transparent ecosystem | Improves safety and transparency in the Indian financial system |
| Update KYC | Encourages you to update PAN and contact details for future access |
What Is An “Inactive Folio”?
An inactive mutual fund folio is one where:
🠖 No transactions (buy/sell or even changes like address updates) have occurred
🠖 For 10 years or more
🠖 But it still holds mutual fund units
There’s no penalty or issue if you’re aware of the folio and just choose to stay invested. MITRA simply helps you find what you may have forgotten.
Where Can You Access MITRA?
You’ll be able to access MITRA via:
🠖 Your mutual fund’s website
🠖 SEBI website
🠖 CAMS and KFinTech platforms
It’s jointly managed by CAMS and KFin Technologies, India’s two Qualified RTAs.
Is It Safe?
Yes. MITRA is designed with cybersecurity safeguards such as:
🠖 Cyber resilience as per SEBI rules
🠖 Regular system and security audits
🠖 Business Continuity and Disaster Recovery systems in place
What Should You Do?
🠖 Check MITRA if you think you or a family member may have an old mutual fund investment.
🠖 Encourage others to use it — especially older family members.
🠖 Update your KYC details to avoid future issues.
Note: Investors must follow due verification and documentation processes as guided by AMCs and RTAs.
When Was It Launched?
The MITRA platform was launched by SEBI on February 12, 2025, and became fully operational within 15 working days, entering a two-month beta testing phase.
Who Is Responsible For This?
🠖 Asset Management Companies (AMCs) and RTAs will maintain and update folio data.
🠖 Unit Holder Protection Committees (UHPCs) must now monitor inactive folios and take steps to reduce them.
Final Thoughts
Whether it’s ₹5,000 or ₹5 lakh sitting idle in an old fund, MITRA could help you reclaim what’s rightfully yours. It’s time to check if your money is silently working for you — or if it’s waiting to be found.
MITRA ensures that long-forgotten investments can be traced and reclaimed, adding transparency and safety for investors.
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DISCLAIMER: Investments in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer: https://bit.ly/naviadisclaimer.
