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SEBI

Securities & Exchange Board28 days ago1 min read

Ease of doing investments - Modified Norms for Nomination in Demat Accounts and Mutual Fund Folios

Source

SEBI modifies norms to ease the process of nomination in demat accounts and mutual fund folios.

Key points

  • Simplified nomination process in demat accounts
  • Updated norms for mutual fund folios

Impact analysis

  • Improves investor convenience by simplifying the nomination procedures for demat accounts and mutual funds.

Who should care

Investors · Mutual Fund Distributors

Affected industries

Financial Services · Mutual Funds

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