As we all know mutual funds houses started sending half yearly account statement for non transacted folio, to keep us updated for our investment in mutual funds. They also request us to update nomination details in that folio if not registered.
Few months back I had applied for mutual fund online access, after access, I got to know that my nomination details were not mentioned in many of my folio's, and till today I was under impression that I have nominee details updated in all my mutual fund investment.
In some Mutual fund Nominee details are mentioned in bottom, like here in this example of Reliance Mutual fund Franklin Templeton Investments.
How to Check Nominee details
1. If nominee details are not available in mutual fund account statement, call mutual fund customer care helpline number, and verify your nomination details.
2. Some mutual fund websites have such option available in website, like in SBI mutual fund website, you can check whether nominee details are registered in your folio or not.
3. If you have online access to your mutual fund investment, you can check the nominee details by visiting online.
4. The nomination details information will not be available on CAS (Consolidated Account Statement), you need to verify the details individually considering your each and every folio(investment) in mutual fund.
Have You Chosen Your Nominee in Mutual Fund Investment!