SEBI has revised nomination norms for demat accounts and mutual fund folios to enhance investor onboarding. The updated framework addresses stakeholder feedback regarding implementation issues.
SEBI Modifies Norms for Nomination in Demat Accounts & Mutual Fund Folios
The Securities and Exchange Board of India (SEBI) has modified its norms regarding nominations in demat accounts and mutual fund folios. This change comes in response to feedback from stakeholders highlighting difficulties encountered in the existing nomination processes.
The revised guidelines aim to simplify the onboarding process for investors, making it easier for them to designate nominees on demat and mutual fund accounts. This initiative is part of SEBI's broader efforts to foster investor participation in the securities market while ensuring that their interests are protected.
Practitioners should be aware of these changes and consider updating their compliance frameworks to facilitate this smoother process for clients, especially for onboarding new investors.
Citations
- SEBI Circular (2026) SEC Reg N/A
