The Securities and Exchange Board of India (SEBI), in collaboration with KFin Technologies and CAMS, has launched SEBI MITRA — a centralized initiative designed to help investors locate and reclaim unclaimed or forgotten mutual fund investments.

If you suspect you have idle or unclaimed investments, here’s how to use SEBI MITRA to trace and recover them:

Step-by-Step Guide to Using SEBI MITRA

1. Access the Official Portal

Go to www.mfcentral.com, the official platform designated for SEBI MITRA services.

2. Enter Your PAN

Input your Permanent Account Number (PAN) to begin the search for mutual fund folios linked to your credentials.

3. Verify Your Identity

An OTP (One-Time Password) will be sent to your registered mobile number or email ID. Enter the OTP to proceed securely.

4. Add Additional Details (Optional but Recommended)

To maximize your chances of finding older or inactive folios — especially those created before PAN became mandatory in 2007 — you may also provide:

• Registered mobile number
• Email ID
• Bank account number
• City, PIN code, or full address
• Date of birth or nominee details

These details help in tracing folios that may not be directly linked to your PAN.

5. Start the Search

Click “Proceed” to initiate the search. The system will scan across all participating Asset Management Companies (AMCs) to identify inactive or unclaimed folios linked to your details.

6. Review Results & Update KYC (If Required)

If any folios are found:

• Follow the platform’s instructions to complete or update your KYC (Know Your Customer) formalities
• You can then begin the process to reclaim your identified investments

Important Notes

• A folio is considered inactive if there has been no investor-initiated transaction (financial or non-financial) for 10 consecutive years. These may still hold valuable units or balances.
• Each user is allowed up to 25 search attempts, giving ample scope to refine and explore forgotten assets.

SEBI MITRA is accessible Through:

• MF Central
• Individual Mutual Fund AMCs
• AMFI (Association of Mutual Funds in India)
• SEBI’s official site

Policy Backing

This initiative follows SEBI’s circular dated March 28, 2024 (Ref: SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2024/XX), aimed at:

• Strengthening investor protection
• Facilitating easy access to unclaimed assets
• Simplifying the recovery process for mutual fund investors

Conclusion

By following these simple steps, you can reconnect with forgotten investments, safeguard your financial legacy, and ensure that your mutual fund holdings are consolidated under your control.