The most important thing you will do today is update nominees in your investments. Nomination is important in all your assets/investment. It allows your nominees/heirs to, at least, access the money, if something were to happen to you. Even SEBI, the regulator, insists that all individual investor(s) irrespective of mode of holding, must either provide […]
Have you added a Nominee to your mutual fund Investments?
It is likely that you have added a nominee to your investment. The intention is that in case something happens to you, that is, death, then the nominee can take control of the investment. This is great. However, there are several misconceptions regarding what a nominee is entitled to or not. In this post, we […]