Yes, it's now required. Starting June 15, 2022, SEBI made it mandatory to nominate existing Mutual Fund accounts, even joint ones. You need to update your nomination by September 30, 2023, which is the new deadline (extended from March 31, 2023). If you don't, it might affect activating your Mutual Fund investments.
Is completing nomination compulsory for activating Mutual Funds? Print
Modified on: Wed, 29 Nov, 2023 at 11:59 AM
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