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  • L T Mutual Fund Folio Consolidation Form

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Request for Consolidation of Folios d d M M Y Y Y Y To, L&T Mutual Fund 6th Floor, Mafatlal Centre, Nariman Point, Mumbai 400 021 Sub: Consolidation of Folios Name of First Unit Holder PAN (First.

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First, you will need to inform your mutual fund company as well as the bank via which your investment is made on a monthly basis, regarding your plan to discontinue the scheme. Next, you will need to obtain an appointment form from asset management companies (AMCs) or Registrar and Transfer Agents of mutual funds.

Folio numbers are unique and are issued to mutual fund investors. However, if you hold more than one share of a mutual fund, only one folio number will be issued. It represents your shares in a mutual fund scheme.

As mentioned before, investors can be allotted multiple folio numbers, which can even be beneficial from the operational point of view for mutual funds.

This can be done online through the fund house or IFA platform. Alternatively, the investor can fill up the redemption form, sign, and submit the same to the fund house/RTA. Investments in the same fund house over different folios can be consolidated under one folio through folio consolidation process.

You don't need more than four to six schemes to diversify your portfolio. If you are investing a small amount, you don't need to invest in more than one or two schemes. Investing in every mutual fund category will not offer you the best return or diversification.

This can be done online through the fund house or IFA platform. Alternatively, the investor can fill up the redemption form, sign, and submit the same to the fund house/RTA. Investments in the same fund house over different folios can be consolidated under one folio through folio consolidation process.

You only need one folio number across all the schemes of one AMC. For example, if you have a mutual fund number allotted to you by HDFC Mutual Fund, then you can use this folio across all your HDFC MF investments be it in debt or equity. You need to remember that the folio number will be different for different AMCs.

Mutual fund status is the current status of a mutual fund. The folio number is a unique identifier for every mutual fund. Mutual fund statement gives you complete details of transactions of a single as well as multiple folios.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232