Untitled Document

LEGAL REQUIREMENTS FOR MUTUAL FUND INVESTMENTS

Death of Single Holder

Procedure
As per the offer document, nomination facility is provided for sole/multiple unit holders. In case of death of unit holder/s, the units may be transferred to the nominee on submission of certain documents.
Documents Required
- Letter requesting transfer of Units.
- Certified* copy of the death certificate of the single/sole Unit holder
- Indemnity Bond from the nominee. Download letter format here.

NOTES :

All certified copies are to be
- Attested by a gazetted officer; or a practicing Chartered Accountant or Advocate (or)
- Attested by the manager of a bank where the Unit holder maintains an account, specifying the manager's bank identification number (or)
- Notarized by a Notary Public. (Note: A power of attorney is always to be notarized by a notary public.)
In case the Power of Attorney is supplied by the Unit holder, it may be accepted in case it is substantially in accordance with the format provided.
All documents are to be executed on plain paper. Wherever stated so specifically, documents are to be executed on non-judicial stamp paper of the stated denomination. After completion, the required document should be submitted to any of our Investor Service Centers for resolution.