DIABETICS

DIABETICS
DIABETICS

If I nominate my granddaughter as nominee for my mutual fund folio, will the units be transferred to her after my death?

Mutual funds do not permit transferring / gifting of units. Hence you will not be permitted to move the units from your folio to hers during your lifetime.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/if-i-nominate-my-granddaughter-as-nominee-for-my-mutual-fund-folio-will-the-units-be-transferred-to-her-after-my-death/articleshow/82291668.cms

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