Unclaimed money in mutual funds shot up 20% in 2024-25: Over Rs 3,400 crore of unclaimed dividend, redemptions lying with MFs, says SEBI

Unclaimed dividends and redemption proceeds in mutual funds have surged to ₹3,452 crore in 2024-25, a 20% increase from the previous year, according to Sebi. Outdated contact details, fragmented holdings, and lack of nomination are key reasons.