Mutual Fund: ET in the Classroom: Nomination for your MF units

Mutual Fund: ET in the Classroom: Nomination for your MF units

Regulatory guidelines prescribe that investors need to add a nominee for all their mutual fund folios. The deadline for this has been extended and folios will be frozen for debits for investors who don’t comply. WHAT IS NOMINATION IN A MUTUAL FUND? Nomination is the process of appointing a person to take care of your … Read more