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Deadline: Deadline to add nominees in MFs, demats extended

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NEW DELHI: Sebi on Wednesday extended the deadline to June 30, 2024 for demat and mutual fund account holders to provide a nomination. Earlier, the deadline to nominate a beneficiary or opt out of it by submitting a declaration form was December 31, 2023.
The move is aimed at helping investors to secure their assets and pass them on to their legal heirs.


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