(a) Ease of Doing Investments- Non-submission of ‘Choice of Nomination’ (i) Doing away with freezing of Demat Accounts and Mutual Fund Folios for existing investors; (ii) To remove freeze on payment of corporate benefits and service of physical folios; (b) Only 3 fields to be provided mandatorily for updating Nomination Details

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.... Board of Trustees of Mutual Funds Stock Brokers (Trading Members) through Recognized Stock Exchanges Depository Participants through Depositories All Registrars to an Issue and Share Transfer Agents (RTAs) All Listed Companies through Recognized Stock Exchanges Association of Mutual Funds in India (AMFI) Dear Sir / Madam, Subjects: (a) Ease of Doing Investments- Non-submission of 'Choice of Nomination' (i) Doing away with freezing of Demat Accounts and Mutual Fund Folios for existing investors; (ii) To remove freeze on payment of corporate benefits and service of physical folios; (b) Only 3 fields to be provided mandatorily for updating Nomination Details 1. SEBI, vide circular no. SEBI/HO/MI....

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....quest from the RTA even if 'choice of nomination' is not submitted by these securityholders. 3.3. Payments including dividend, interest or redemption payment withheld presently by the Listed Companies/RTAs, only for want of 'choice of nomination' shall be processed accordingly. 4. Notwithstanding the above, all new investors/unitholders shall continue to be required to mandatorily provide the 'Choice of Nomination' for demat accounts/ MF Folios (except for jointly held Demat Accounts and Mutual Fund Folios). 5. All existing investors/ unitholders are encouraged, in their own interest, to provide 'choice of nomination' for ensuring smooth transmission of securities held by them as well as to prevent accumulation of u....

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....s and Listed Companies are further advised to: a) take necessary steps to implement the provisions of this circular, including making necessary amendment to the relevant bye-laws / business rules / regulations / operational instructions, as the case may be; b) bring the provisions of this circular to the notice of their respective constituents and also disseminate this circular on their websites; c) communicate to SEBI, the status of the implementation of the provisions of this circular; and d) monitor the compliance of this circular. 10. 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 for Mutual Fu....

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....minee Mandatory Details 1  Name     of     the    nominee(s) (Mr./Ms.)*       2  Share      of each  Nominee Equally   [If not equally, please  specify percentage]  %  %  % Any odd lot after division shall be transferred to the first nominee mentioned in the form. 3  Relationship With the Applicant ( If Any)       * Date of Birth and Name of Guardian to be provided in case of minor nominee(s) Non-mandatory Details 4 Address of Nominee(s)/ Guardian in case of Minor   City / Place: State & Coun....