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SEBI suggests nomination for jointly-held investments to be made optional

In a consultation paper released on February 2, SEBI suggests that nomination be made optional for jointly-held mutual fund folios and demat accounts. ....

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Investor alert: January 1 deadline for mutual fund nomination is approaching fast

If a mutual fund investor fails to complete nomination by this deadline, it will result in his/her MF folios getting frozen for debits. That is, redemptions or withdrawals from any of these investments won’t be possible. ....

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