NEW DELHI, India — Non-resident Indians (NRIs), Overseas Citizens of India (OCIs) and other foreign nationals living abroad may soon be able to complete digital KYC for accessing India’s securities market without travelling to India, under a proposal released by the Securities and Exchange Board of India (SEBI).
टैग: Investment Rules
SEBI Changes Nomination Rules: 3 Nominees for Demat, Mutual Funds From Sept 1
NEW DELHI, India — SEBI’s new nomination rules for demat accounts and mutual funds will come into effect from September 1, 2026, bringing a revised framework under which investors can name up to three nominees for a single-holder demat account or mutual fund folio. The changes are aimed at simplifying the transfer of investments after an investor’s death and reducing the accumulation of unclaimed assets.