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    <title>Investment in units of Mutual Funds in the name of minor through guardian</title>
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    <description>Payment for subscription may be accepted from the minor&#039;s, parent&#039;s or legal guardian&#039;s bank account or a joint account; AMCs must obtain a Change of Pay-out Bank mandate for existing folios before redemption. All redemption proceeds must be credited only to the minor&#039;s verified bank account after KYC completion. Other prior provisions remain unchanged.</description>
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