Ch.9 · Systematic Transactions — SIP, SWP, STP · easy

What is the 'transmission' process in mutual funds?

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EXPLANATION

Transmission refers to the transfer of mutual fund units to a nominee, surviving joint holder, or legal heir following the death of a unit holder. It is not a market transaction but a legal succession process.

A.Electronically transferring units from one AMC to another

B.The process of switching units between regular and direct plans

C.Converting a joint folio to a single folio during the investor's lifetime

D.Passing of mutual fund units to the surviving holder or nominee upon the death of the unit holder [✓ Correct]

EXPLANATION

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