InvestorQ : How do I add nominee details to my mutual fund investments?
Gauravi Patel made post

How do I add nominee details to my mutual fund investments?

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Nitin Shah answered.
2 months ago
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A registered and valid nomination allows a nominee to access the investments of a deceased investor in a hassle-free manner. Mutual funds make it mandatory to register nomination at the time of making the first investment. One can nominate up to three individuals with shares of each nominee specified in the nomination form.

If you missed nominating someone for your existing portfolio, you can do so by downloading a nomination form specified by the fund house. The form can also be obtained from the AMC office/branch or investor service center. The whole process should take about 10 working days. Once done you will be able to see your nominee updated in your folio.
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