MITRA (Mutual Fund Investment Tracing and Retrieval Assistant)

SEBI vide Circular no. SEBI/HO/IMD/IMD-SEC-3/P/CIR/2025/15 dated February 12, 2025 has  addressed the issue related to trace the *inactive and unclaimed Mutual Fund folios  by introducing MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) platform. 

MITRA platform is developed by the RTAs to provide investors with a searchable database of inactive and unclaimed Mutual Fund folios at an industry-level which will empower the investors in following manner:

• Enable investors to identify the overlooked investments or any investments made by any other person for which he/she may be rightful legal claimant;

• Encourage investors to do KYC as per the current norms thus reducing the number of non-KYC compliant folios;

• The MITRA platform will lead to reduction in the unclaimed Mutual Fund folios;

• Contribute towards building a transparent financial ecosystem and will be reliable medium for investors to find their inactive and unclaimed Mutual Fund investments;

• Build and incorporate mitigants against fraud risk.

Investors are requested to click on the below link to access the MITRA platform: https://app.mfcentral.com/links/inactive-folios

*Inactive Mutual Fund Folios means Mutual Fund Folio(s) where no investor initiated transaction/s (financial and non-financial) have taken place in the last 10 years but unit balance is available.