Comment on Start investing in mutual funds @ Zerodha

Venu commented on 03 Mar 2016, 10:16 PM

Hi Ron,

1. The MF accounts have been created as per the details available in the trading records.

2. The nominee & the second holder have been updated for your account. All your future purchases will reflect these details.

3. We spoke to the R&T of the AMC. The R&T insists that the client write a letter giving details of the second holder along with a copy of the CMR of the DP and the folio number and the second holder can be updated for the existing folio that you’ve purchased. Here’s the link to find the closest R&T agent (CAMS) for the fund you are holding where the letter has to be sent: Do let us know once you send this out, so we could get in touch with the R&T and get this done.

4. They have already been added.

5. You can update a Joint account holder & nominee in the way mentioned above.

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