Finding forgotten folios with MITRA
Folios get forgotten: an old address, a parent’s paperwork, an investment from years ago. MITRA is the official tool for finding inactive and unclaimed ones.
MITRA is a search tool for mutual fund folios that have gone quiet. SEBI required it in a circular of 12 February 2025, and it is hosted by the two mutual fund registrars, CAMS and KFintech, so one search covers folios across fund houses.
What counts as an inactive folio
A folio is treated as inactive when it still holds units but has had no transaction started by the investor for ten years. The units in it still belong to the investor; they have simply stopped being looked after.
Who it helps
- Someone who invested years ago and has lost track of the folio.
- A family going through a relative’s papers after a death, looking for holdings nobody listed.
How to search
MITRA is reached from MF Central’s inactive-folios link. Enter the details the tool asks for; the more of them match the record, the better the search. For folios that are not inactive, the Consolidated Account Statement is the quicker way to see everything held under a PAN.
When you find one
- Your own folio: bring its details up to date — KYC, contact details, the bank account and the nominee. A folio at a fund house where you hold another can be merged.
- A relative’s folio, after a death: it is claimed through transmission, as on After a death: claiming mutual fund units.
Source: SEBI circular SEBI/HO/IMD/IMD-SEC-3/P/CIR/2025/15, 12 February 2025.
This is education, not advice
This article explains categories and mechanics. It does not name a scheme, does not rank anything and does not tell you what to buy. H2 Investment is an AMFI-registered mutual fund distributor (ARN-200996), not a SEBI-registered investment adviser. For a personal financial plan, talk to a SEBI-registered investment adviser. Tax treatment depends on your own circumstances and the rules change — confirm your position with a qualified tax adviser.
Related
H2 can do this paperwork with you
Found an old folio? We can help bring its KYC, bank and nominee details up to date, or start a claim for a relative’s.