LEGAL REQUIREMENTS FOR MUTUAL FUND INVESTMENTS

Change of Minority Status of Unit Holder
  • Procedure
    Unit holder/s who attains 18 years of age need to submit the documents mentioned in the next column
  • Documents Required
NOTES:
  • All certified copies are to be
    • Attested by a gazetted officer; or a practicing Chartered Accountant or Advocate (or)
    • Attested by the manager of a bank where the Unit holder maintains an account, specifying the manager's bank identification number (or)
    • Notarized by a Notary Public. (Note: A power of attorney is always to be notarized by a notary public.)
  • In case the Power of Attorney is supplied by the Unit holder, it may be accepted in case it is substantially in accordance with the format provided.
  • All documents are to be executed on plain paper. Wherever stated so specifically, documents are to be executed on non-judicial stamp paper of the stated denomination. After completion, the required document should be submitted to any of our Investor Service Centers for resolution.