As per SEBI regulations, investors who are holding mutual fund units have the choice of either providing the Nomination or Opt out of Nomination, on or before September 30, 2023, failing which the folios shall be frozen for debits/redemption
CAMS Nomination Opt-in/Opt-out
- Visit CAMS Online here
- Enter your PAN
- Verify via email/mobile (NRI Investors / Resident Investors traveling outside India, should verify via email)
- Choose your mutual fund
- Choose investments with Mode of Holding
- Choose Register Nominee – All folios for which nominee details are not entered will appear here. If you do not wish to provide nominee details, you can opt out by selecting Nomination opt-out as well
Kfintech Nomination Opt-in/Opt-Out
- Visit KFintech here
- Enter the details – PAN, Mode of Holding, Select Folio Option, Email/Mobile
- Verify with OTP
- Select your fund and enter the nominee name, alternatively if you want you can otp out as well by selecting OTP out
- Another OTP verification will be done to confirm the changes