What is “Nominee Authentication “under Manage Profiles?

Nominee Authentication in the Share India app allows you to register a person (or more than one person) who will receive the benefits of your mutual fund investments in case of your unfortunate demise. By adding a nominee, you ensure that your investment proceeds are smoothly transferred to your chosen beneficiary without legal hurdles.

• You can add one or multiple nominees.
• Details required usually include nominee’s name, date of birth, relationship with investor, and contact information i.e email and phone number.
• ID Proof of Nominee like PAN/ Aadhaar.

In short, adding a nominee secures your investments for your family or dependents and avoids complications later.