Mutual Fund Investment After Death: Can Family Claim the Money? Understand the Rules

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Mutual Funds: Secure Your Family's Future – Why Nomination is Crucial

বিনিয়োগকারীর মৃত্যু হলে মিউচুয়াল ফান্ডের টাকা কি পরিবার পাবে?

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News18•17-03-2026, 17:57

Mutual Funds: Secure Your Family's Future – Why Nomination is Crucial

•Nomination is vital for mutual fund investments; without it, families face legal hurdles to access funds after an investor's death.
•SEBI mandates nomination or an opt-out declaration; failure to comply can lead to frozen mutual fund folios.
•A nominee is not the owner but has the right to receive funds; legal heirs or those in a will hold actual ownership.
•Common mistakes include incorrect nominee details (spelling, address, DOB) which can delay or block fund disbursement.
•Investors can appoint up to three nominees and specify percentage shares to prevent future disputes.

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