How to Reclaim Mutual Fund Payouts from FY2024-25 in FY 2025-26?

Mutual funds are a popular way to invest, but many investors let their dividends and redemption proceeds go unclaimed. According to the SEBI Annual Report 2024-25, ₹3,452 crore were left unclaimed by investors with AMCs, which was a 20% y-o-y growth.

So, why does this happen? And how can you get that money back?

Why Do Some Mutual Fund Payouts Remain Unclaimed?

There are several reasons why mutual fund payouts go unclaimed. A primary factor is outdated contact information. Investors frequently change addresses, phone numbers, or email IDs without updating the mutual fund or registrar, causing payout notifications to fail.

Many investors hold units across multiple folios or in physical form, making tracking difficult. In unfortunate cases where the investor passes away without a nominee or the heirs are unaware of the investment, money stays locked in the fund.

Additionally, bank accounts linked to mutual fund folios may be closed or changed without updating the mandate, resulting in bounced payments.

How to Check for Unclaimed Mutual Fund Payouts?

For mutual funds, there is no single centralised database, but unclaimed amounts can be traced through Asset Management Companies (AMCs) or their Registrar & Transfer Agents (RTAs) like CAMS and KFintech.

You can search using your folio number, PAN, or date of birth. If you have multiple investments, checking across AMC websites ensures nothing is missed.

Steps to Reclaim Your Funds

1. Identify the unclaimed amount by visiting the AMC or RTA portal.
2. Submit the required documents, including proof of identity, folio number, and bank details.
3. Receive the amount directly from the AMC once verification is complete.

Investors should also consider consolidating holdings, linking folios to current bank accounts, and registering nominees to ensure smoother access to funds in the future.

Read more: SIP Calculator: How Much Monthly SIP is Needed to Reach a ₹10 Crore Goal.

Conclusion

Unclaimed mutual fund amounts are rising, reflecting both investor oversight and structural gaps. By keeping contact information updated, consolidating investments, and checking periodically for unclaimed dividends and redemption proceeds, investors can reclaim their rightful money efficiently. Regular vigilance ensures that hard-earned savings do not remain stranded but work effectively towards your financial goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual fund investments are subject to market risks. Read all the related documents carefully before investing.