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Gift of mutual fund

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40 Points Posted on 16 December 2023
hello,
can we gift or transfer mutual fund and shares stock directly to mother or from mother to son ??
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On 16 December 2023 at 18:18 Report
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Profession Business
28196 Points Posted on 17 December 2023
Gift of mutual fund not an issue
44 Reply
On 17 December 2023 at 10:44
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Accountant
1227 Points Posted on 20 December 2023
You can't gift mutual funds.
2. it is practically not possible.
3. if you want to gift, you can make the person you intend to gift to as your nominee and it goes to them after your demise.
4. if you want to gift instantly... sell the fund. transfer money to sons account. buy it from his account.
5 Reply
On 20 December 2023 at 04:06


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