ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...

Not having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...

Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. T...

ET Wealth Reader's Query: A relative had a joint demat account with his wife, though all the investments were made by him. He had no childr...

Groww, a leading investment platform in India, introduces a new feature. Investors can now hold mutual fund units in demat format. This off...

The recent consultation paper by Securities & Exchange Board of India (SEBI) points out that 70% of the demat accounts with a single holder...

Sebi data shows that over 70% of the Demat accounts held singly in the country have no nominations, posing a challenge for their legal bene...

According to market regulator Sebi, a primary factor contributing to the rise in unclaimed assets is incomplete nominations or unavailabili...

To be eligible to nominate, the individual should be a sole or primary account holder of the demat account. Joint holders can also nominate...

With respect to demat accounts, it has been decided to extend the last date for submission of ‘choice of nomination’ to December 31, 2023

Demat account nominee rule update: SEBI on September 26 extended the deadline for existing demat account holders to provide choice of nomin...

Existing investors do not need to submit the nomination information again if they have already provided it.

It is necessary to add nominee information to your demat account; the deadline for doing so is September 30, 2023. You can either add nomin...

The last date for updating nominations for trading and demat accounts is March 31, and trading accounts of investors not meeting the deadli...

Investors who miss the deadline are at risk of having their trading and demat accounts frozen for debits. Demat account nominations must be...

The SEBI's July 23, 2021, circular states that investors opening new trading and or demat account(s) on or after October 01, 2021, shall ha...

For existing investors who have already provided the nomination details prior to the circular issued in July 2021, re-submission of nominat...