Can
an investor appoint a nominee for his/her investment in units of a mutual fund?
1. Yes, only if he/she is applying /
holding units singly.
2. Yes, only if he/she is applying /
holding units jointly.
3. No, nominee can not be appointed
for his/her investments in mutual fund.
4. Yes, Individuals applying / holding
units singly or / jointly can nominate.
Answer:
4. Yes, Individuals applying / holding
units singly or / jointly can nominate.
Explanation:
The
nomination can be made by individuals applying for / holding units on their own
behalf singly or jointly.
Non-individuals including society, trust, body corporate, partnership
firm, Karta of Hindu Undivided Family, holder of Power of Attorney cannot
nominate.
Src:
No comments:
Post a Comment