how to add HomeInvestment MUTUAL FUND nominee?
mutual fund nominee how to add mutual fund nominee?
The mutual fund nominee is, in a way, the heir to the mutual fund investor, in fact Mutual Fund Nominee is the person who is given to the money deposited in that mutual fund in case the mutual fund investor dies by accident.
So in today's post, I am going to talk to you about the same Mutual Fund Nominee in detail, in this post we will know
1.what a mutual fund nomination is.
2.why is it so important to add a nominee to the mutual fund?
3. how can you add a nominee to the mutual fund?
Let's talk first?
Meaning of Mutual Fund Nominee
Mutual Fund Nominee means heir to the money deposited by the mutual fund investor in the mutual fund,
Mutual fund nomination means -
The process of adding the name of the heir to the mutual fund for the money deposited in the mutual fund is called mutual fund nomination,
SEBI rules for mutual fund nomination
SEBI Mutual Funds Regulation as per 29(A) rules mentioned in 1996, all mutual fund companies provide for adding nominees, and thus the money deposited in the mutual fund is given to its nominee in case of death of the mutual fund investor,
Why is it so important to add NOMINEE to MUTUAL FUND?
Adding Nominee to Mutual Fund is very important because – first of all, if a person who invests in a mutual fund does not register the nominee's name in that mutual fund,
So after the death of that mutual fund investor, there may be a lot of problem in getting the investment money to his rightful successors,
So in the event of an untoward incident, it is very important that the mutual fund investor registers a nominee in the mutual fund in due course of time, so that the mutual fund investment money is available to his successors,
Secondly, registering Mutual Fund Nominee is a very simple way,
Let us know who you can register as a nominee and how?
Who could be MUTUAL FUND NOMINEE?
Note that as per the rules created by SEBI, any of the following persons can be the nominee of your mutual fund investment:
1) A person who is above 18 years of age,
2) A person below 18 years of age can also be made a nominee(but for that, mom and dad have to agree,)
3) Mutual Fund Nominee can be a NRI,
4) Central Government/State Government etc. as Mutual Fund Nominee,
How to register a mutual fund nominee?
Mutual Fund Nominee can be registered in two ways:
Online (ONLINE) – With the help of website/mobile application
Offline (Offline) – Visit the office of the mutual fund and fill out the nominee form
Mutual Fund Nominee online Registration –
To REGISTRATION online nominee sine in the mutual fund, you can also register Mutual Fund Nominee by entering your account after visiting the website of the mutual fund from which you bought the plan, you can also register Mutual Fund Nominee by going to the edit option in your profile,
If you have any problem with registering a nominee, you can also seek help by calling the customer care of the mutual fund, in addition to visiting the nearest office of the mutual fund, seeking help about online nominee registration,
Mutual Fund Nominee Offline Registration –
To REGISTRATION offline nominee in the mutual fund, you need to go to the nearest office of the mutual fund and fill out a nominee's form,
And this way you can register a nominee in the mutual fund.
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