Nomination for Mutual Fund Unit Holders – exemption for jointly held folios

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....s (AMCs) All Trustees of Mutual Funds All Registrars to an Issue and Share Transfer Agents (RTAs) Association of Mutual Funds in India (AMFI) Sir / Madam, Subject: Nomination for Mutual Fund Unit Holders - exemption for jointly held folios 1. Clause 17.16 of Master Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 for Mutual Funds ('Master Circular') read with C....

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....se 17.16 of the Master Circular for Mutual Funds shall be optional for jointly held Mutual Fund folios. 4. All other provisions related to requirement of nomination as provided in SEBI Master Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 and SEBI Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2023/193 dated December 27, 2023, shall remain unchanged. 5. This circular is issued i....