Nomination is a facility that enables an individual unitholder (including sole proprietor of sole proprietary concern) to nominate a person, who can claim the Units held by the unitholder or the redemption proceeds thereof in the event of death the unitholder. 

If the Units are held jointly by more than one person, all joint unit holders are required to together nominate a person in whom all the rights in the units would vest in the event of death of all the joint unit holders. 

CAMs & KFintech have enabled the facility to update nomination details online for all individual investors with non-demat folios.

                              

Alternatively, investors may submit the physical forms for Nomination / opt-out at the designated Investor Service Centers of CAMs / KFintech / AMCs  before the deadline date.

Note:
List of Mutual Funds serviced by CAMS:
Aditya Birla Sunlife MF, Bandhan MF, DSP MF, Franklin Templeton MF, HDFC MF, L&T Mutual Fund (now HSBC MF), HSBC Mutual Fund, ICICI Prudential MF, IIFL MF, Kotak MF, Mahindra Manulife MF, PPFAS MF, SBI MF, Sriram MF, Tata MF, Union MF and WhiteOak Capital MF.

List of Mutual Funds serviced by KFintech:

Axis Mutual Fund, Baroda BNP Paribas Asset Management Ind Pvt Ltd, Bank of India Investment Managers Pvt. Ltd, Canara Robeco Mutual Fund, Edelweiss Mutual Fund, Navi Asset Management Ltd, IDBI Mutual Fund, Indiabulls Mutual Fund, Invesco Mutual Fund, ITI Mutual Fund, JM Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, NJ Asset Management Pvt. Ltd, PGIM India Mutual Fund, Principal Mutual Fund, Quant Mutual Fund, Quantum Mutual Fund, Sahara Mutual Fund, Samco Asset Management Pvt. Ltd, Sundaram Mutual Fund, Taurus Mutual Fund, Trust Asset Management Co. Ltd, UTI Mutual Fund