10 Jan 2026 | 3 Mins Read
Parents can gift mutual fund units to children, how?
Flipitmoney
Parents can gift mutual fund units to children under the Income Tax Act. A folio with the same fund house is required for the transfer. Gifting is now available online through CAMS or KFintech websites, with a 10-day cooling period. The recipient cannot redeem or transfer gifted units during this period.