Gifting Mutual Funds to Your Spouse or Children: How It Works and What It Costs

Gifting lets you pass on wealth gradually and transparently while you're still around to guide how it's used - something a Will or nomination alone can't do, since those only take effect after death. It also works well alongside a Will: units you don't gift during your lifetime can still pass through inheritance later, and SEBI's current framework allows for that transmission process without forcing a redemption either. For families with a meaningful equity mutual fund portfolio, a combination of periodic gifting to adult children, a Will covering the remainder, and correct nomination on every folio tends to work far better than relying on any single method. Know more about Gifting Mutual Funds visit website.