RTA Mutual Fund Exam Important Points
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Both the PoA registration and cancellation will be reflected on the account statement as a non-financial transaction.
Nomination is available for individual investors only. Nomination is not available for non-individuals such as corporate, Trust, HUF etc.
Maximum 3 nominees are allowed per folio. Percentage share of nominees may be different.
Minor may be a nominee. In that case, a guardian must also be mentioned to manage the investments on behalf of the nominee.
An investor may change nominee as and when required. All applications for change in nominee should be signed by all joint holders.
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