This facility will voluntarily enable investors to lock their mutual fund folios to ensure that no units are debited until the folio is unlocked. It will be available for both demat and non-demat (Statement of Account) folios. The registrars and transfer agents (RTAs) will provide the folio locking facility through the MF Central platform, which was introduced to improve investor experience in mutual fund transactions and service requests. The facility will be available only to KYC-compliant investors with a valid registered email ID and mobile number.
