Transmission is a process whereby the mutual fund units held by a deceased unitholder are transferred to the nominee or to the joint holder(s) as the case may be. A ‘nominee’ is a person who takes care of assets and can claim the assets in case of demise of the investor. It would be better for the nominee if you give him or her some idea about your investments and how it can be claimed just in case. The nominee or joint holder needs to submit the listed documents to the respective mutual fund houses depending on the scenario. Different […]