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As of March 2021, the amount lying unclaimed with mutual funds was a whopping ₹ 1,590 crore. To address this issue, market regulator SEBI recently came up with circular specifying new norms regarding the mutual fund nomination process and aimed to standardise the process. Tune in to this podcast to understand the basics of nomination and its importance.
By BusinessLineAs of March 2021, the amount lying unclaimed with mutual funds was a whopping ₹ 1,590 crore. To address this issue, market regulator SEBI recently came up with circular specifying new norms regarding the mutual fund nomination process and aimed to standardise the process. Tune in to this podcast to understand the basics of nomination and its importance.

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