(i) Nomination by a unit holder shall be applicable for investments in all schemes in the folio or account.
(ii) In case a folio has joint holders, all joint holders should sign the request for nomination/cancellation of nomination, even if the mode of holding is not "joint".
(iii) Every new nomination for a folio/account will overwrite the existing nomination.
(iv) Nomination shall not be allowed in a folio held on behalf of a minor.
(v) Nomination shall be mandatory for new folios/accounts opened by an individual especially with sole holding and no new folios/accounts for individuals in single holding would be opened without nomination. However, investors who do not wish to nominate must sign separately confirming their non-intention to nominate.