Last day for adding nominees to mutual funds, demat accounts is Dec 31

Mutual fund investors and demat account holders trading in individual capacity should mark December 31, 2023 on their calendars as an important deadline. Securities and Exchange Board of India (SEBI) has made it mandatory for all such account holders to submit nomination declaration or opt out of nomination by this date.

Existing investors who have already provided nomination details are not required to submit the details again. Those who have not yet submitted nomination details and wish to submit their nomination or wish to opt out of nomination should do so.

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