News From Press December 31 deadline alert! What happens if you fail to add nominee in your MF, demat accounts

December 31 deadline alert! What happens if you fail to add nominee in your MF, demat accounts

Source: livemint Dec 26, 2023

Do you invest in stocks, and mutual funds? If you invest in stocks, you must have a Demat account. Well, this piece of information is for all MF and demat account holders. The Securities and Exchange Board of India (SEBI) has made it mandatory to add a nominee or opt out. December 31 is the last day for adding mutual fund, and demat account nominees!

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