Effective September 01, 2025, mutual fund investors are required to comply with the revised nomination guidelines issued by SEBI. Please find the step-by-step instructions below:


Key Highlights: 

  • Investors can now nominate up to 10 individuals per folio.

  • It is mandatory for unit holders to either:

    • Provide nominees
      OR

    • Submit a declaration to opt out of nomination.

  • Non-compliance may result in restrictions on folio transactions.


We offer two modes (Online and Offline Modes) to help you update your nomination or submit your opt-out declaration. 


1. Offline Mode - Nomination (Opt-In):

  1. Download the enclosed “Nomination Form”

  2. Fill in Investor Details:

    • Name

    • PAN

    • Folio Number

  3. Provide Mandatory Nominee Details for each nominee:

    • Full Name

    • Percentage Share (%)

    • Date of Birth (DOB)

    • Relationship with Investor

    • Postal Address

    • Mobile Number and Email ID

    • Identity Document (Choose one: PAN / Aadhaar / Driving License)

    • Identity Number (Last 4 digits only for Aadhar)

  4. If Nominee is a Minor:

    • DOB of the Minor, Guardian Name and Details

  5. Signature Requirements Based on Mode of Holding:

    • Single Holding – Unit holder must sign

    • Either or Survivor – Any one holder can sign

    • Joint Holding – All holders must sign

  6. If Thumb Impression is Used:

    • Must be attested by two witnesses with: Name and Address

2.  Offline Mode - Nomination (Opt-Out) 

  1. Download the enclosed “Nomination Opt-Out Form”

  2. Fill in the following:

    • Mutual Fund Folio Number

    • PAN

    • Unit Holder Name

    • Signature as per mode of holding


Online Mode:


CAMS:  https://www.camsonline.com/Investors/Service-requests/Nomination/Nomination-Opt-in_&_Opt-out


Kfintech: https://mfs.kfintech.com/investor/General/NCTNomineeUpdation


Important Notes:

  • Investors can choose whether or not to display nominee details in account statements.(Page 2 - point 1)

  • A nominee may act on behalf of an incapacitated investor (excluding minor nominee), provided the investor retains the capacity to contract.

  • Nomination is mandatory for single-holder folios.

  • Power of Attorney (PoA) holders and joint holders cannot make or change nominations.

  • For jointly held folios, all holders must be KYC-validated for nomination or opt-out requests to be processed.