Revised Nomination Framework for Demat Accounts and Mutual Fund Folios
BSE notice 20260722-30 · 22 Jul 2026
Official title
Ease of Doing Investments – Revised Nomination Framework for Demat Accounts and Mutual Fund Folios – Update
Official record
Open source pageSummary
Check the official recordWhat changed
The BSE has issued updated guidelines regarding the nomination framework for demat accounts and mutual fund folios, following previous directives on the ease of doing investments. Investors are provided with the facility to either opt-in or opt-out of nomination through online or physical channels. Members must ensure that the prescribed forms (Annexure A for opt-in and Annexure B for opt-out) are utilized. For online submissions, the relevant declaration details must be displayed to the investor before submission, while physical submissions require duly completed and signed forms. Regulated entities are mandated to maintain these records for potential submission to RTAs, AMCs, or regulators. Members using third-party or in-house systems must implement necessary technical and operational modifications to ensure compliance.
What you must do
- Capture and maintain records of investor nomination opt-in or opt-out status.
- Ensure online platforms display required nomination details to investors prior to submission.
Document text
NOTICE
| Notice No. | 20260722-30 |
| Notice Date | 22 Jul 2026 |
| Category | Trading |
| Segment | Mutual Fund |
| Department | Trading Operations |
| Subject | Ease of Doing Investments – Revised Nomination Framework for Demat Accounts and Mutual Fund Folios – Update |
| Attachments | Annexure_A_Nomination_Opt_in ; Annexure_B_Nomination_Opt_Out |
This is with reference to Exchange Notice No. 20260716-27 dated July 16, 2026, regarding Ease of Doing Investments – Modified Norms for Nomination in Demat Accounts and Mutual Fund Folios.
In continuation of the aforesaid notice, Members are hereby informed that the Nomination (Opt-in or Opt-out) facility shall be provided to investors through either online or physical mode using the forms prescribed under Annexure A and Annexure B of the SEBI circular.
Validation Requirements for Nomination Acceptance:
| Nomination Option | Online Mode | Physical Mode |
|---|---|---|
| Opt-in | Nomination details as prescribed in Annexure A shall be displayed to the investor prior to submission. | Duly completed and signed Annexure A shall be obtained from the investor. |
| Opt-out | Nomination declaration details as specified in Annexure B shall be displayed to the investor prior to submission. | Duly completed and signed Annexure B shall be obtained from the investor. |
Storage and Submission of Records
Members are advised to note the following requirements:
- Regulated entities, as specified in the aforesaid SEBI circular, are required to capture and maintain records of investors opting in and out of nomination.
- Such records shall be preserved and made available for submission to the RTA, AMC, Regulator, or any other authorized authority, as and when required or at prescribed intervals.
The nomination forms are attached herewith as Annexures.
| Annexure | Particulars |
|---|---|
| Annexure A | Nomination Opt in |
| Annexure B | Nomination Opt Out |
Members utilizing third-party vendor solutions and/or in-house developed trading applications shall ensure that all necessary system, process, operational, and compliance-related arrangements are implemented. Members are required to undertake the requisite developments, enhancements, and system modifications at their end well in advance of the prescribed implementation date to ensure seamless compliance with the above requirements.
For any queries relating to BSE StAR Mutual Fund Operations, Members may contact the Mutual Fund Helpdesk at:
- 022-45720450 / 650
- 022-69158550
(Available on business days between 8:00 a.m. and 7:00 p.m.)
Members may also raise their queries through the CRS Portal: https://bsecrs.bseindia.com
Arunkumar Ganesan VP - Mutual Fund
Mahesh Tare AVP - Mutual Fund
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 22 Jul 2026
- Document number
- 20260722-30
- Issuing division
- Trading Operations
- Coverage area
- securities