NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDSSecurities and Exchange Board of India (Mutual Funds) Regulations, 2026
NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDSSecurities and Exchange Board of India (Mutual Funds) Regulations, 2026
Mutual fund nomination rules require AMCs to allow nominees for incapacitation and vesting of units on death. Regulation 27 requires asset management companies to provide unitholders an option to nominate persons authorised to transact on their behalf if ... Summary
Mutual fund nomination rules require AMCs to allow nominees for incapacitation and vesting of units on death.
Regulation 27 requires asset management companies to provide unitholders an option to nominate persons authorised to transact on their behalf if incapacitated and to nominate persons with whom units will vest as trustees for legal heirs upon death; joint unitholders may jointly nominate such persons, and the asset management company or its registrar and transfer agent is not liable for good faith actions taken on the basis of a unitholder's nomination.
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