Assume that you want to add your spouse or child to your existing mutual fund folio. Can you do that? Did you know that most fund houses don’t allow you to add another name in your existing folio. But at least two fund houses—SBI Funds Management Pvt. Ltd and Quantum Asset Management Co. Pvt. Ltd—allow you to add an additional holder.
Mint asked a mix of 15 fund houses, whether they allow this facility.