Sebi revises norms for mutual fund and demat nominations, aimed at reducing unclaimed assets
- Posted on January 10, 2025
- By Business News Today
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Sebi revises norms for mutual fund and demat nominations, aimed at reducing unclaimed assets
SEBI has introduced new rules for mutual fund and demat account nominations to simplify asset transfers, ensure transparency, and reduce unclaimed assets. Key changes include mandatory nominee details, stricter non-nomination processes, and guidelines for incapacitated account holders.
