Why do I have to update a nomination for my mutual fund holdings? How do I do this?

• Mutual funds held in your demat account: The nominee registered with your demat account will be applicable for such holdings. Learn how to add a nominee to your demat account. 
• Mutual funds held physically (non-demat): Can be update through KFIN or CAMS.
  • KFIN
    
    
    Step 1. Go to the KFIN website
    Step 2. Enter your PAN 
    Step 3. Select the Mode of Holding and Folio Option
    Step 4. Enter the generated OTP
    Step 5. Select whether you wish to Opt-In / Opt-Out and complete the process
  • CAMS

• Fresh Mutual Fund purchase in Physical (Non- Demat mode)

Step 1. Login to FundsGenie App.

Step 2. Once you have successfully logged in, you will by default land on the 'Dashboard' page. 

Step 3. If you don't have an investment with Geojit, you need to Activate Your BSE Star membership.

Step 4. Tap on 'Activate Now' button

Step 5. A pop-up will appear asking, 'What type of membership are you looking for?'

Step 6. Choose 'Both'. 

Step 7. Now read & accept the terms and conditions.

Step 8. Click on Activate, and you will be prompted to add nominee. 

Step 9. If you don't want to add a nominee now, you can opt-out and add one anytime later. 

Step 10. Click on 'Add Nominee'. 

Step 11. Now 'Add Nominee' page displays. 

Step 12. Enter the details like name, relationship, DOB, and allocation percentage.

Step 13. Click on 'Save.'

Step 14. Now your nominee details are added successfully. 

Step 15. Next, select how the nominee details should be displayed in your holding statement : 

• Name
• Status

Step 16. Once done, click on the 'Confirm' button.