Question

Can an investor appoint a nominee for his investment in units of a mutual fund?

Answer 1

                              Hello mate

      Can an investor appoint a nominee for his investment in units of a mutual fund? Yes. The nomination can be made by individuals applying for / holding units on their own behalf singly or jointly.

Answer 2

Heya...

See here for your ans...

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Yes, an investor can appoint a nominee for his investment in units of a mutual funds...

Reason...

To give assurance to the firm to settle always bond...

To be participate the nominee as a half profit sharing...

Thank you