Claiming Shares and Mutual Funds After a Death in India

Transmission, not transfer: moving a dead investor's securities to heirs needs no stamp duty or sale.

A registered nominee gets the simplest path — death certificate, a form and KYC, no court papers.

No nominee plus high value usually means a succession certificate or probated will.

Demat goes through your DP and NSDL/CDSL; mutual funds go through the RTA (CAMS or KFintech).

SEBI is raising the no-court-paper thresholds and adding 21-day processing — claims are getting easier.