How to update nominee in mutual fund online:


Before going to update, add or make correction in nominee in mutual fund you should install the ‘MF Central’ mobile app on your mobile and register on it. If you have registered on this mobile app then follow the following steps.


STEP 1: Login to ‘MF Central’ mobile app on your mobile. As you logged in to your account you will be on the dashboard of your account. On the right side top of the home page you will see a (menu) three line option. Click on this option here.


STEP 2: Some more options will be appeared on the screen. Click on the option ‘Service Request’ out of them.


STEP 3: A pop up message will be appeared on the screen. Click on OK tab on the message.


STEP 4: You will be redirected to service request section. In this page you will see many options. Find and click on the option ‘Update Nominee’.


STEP 5: In this page you will find your invested mutual fund’s portfolio number, name of mutual fund and the name of portfolio holder will be displayed. You also see a link ‘View’ in each mutual fund under ‘nomination details’. Click on the ‘View’ link here.


As you click on the ‘view’ link on this page your nominee added to this mutual fund will be appeared on the screen.


STEP 6: To update, add, delete or make correction on the nominee select the mutual fund and click on ‘Next’ button.


STEP 7: Your folio number and nomination details will display on the screen. Trick on the box before ‘I don’t wish to nominate’ if you don’t want to add nominee.


You can click on the ‘Pencil’ icon (against the nomination details), to edit the existing nominee. And lastly click on ‘Add nominee’ to add a new nominee to your mutual fund.


After updating the nominee through any one of the above options, click on ‘submit’. Your nominee will be updated successfully.


This is the process how to update nominee in mutual fund online. You can also watch the following video on this topic.

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