The nominee must fulfil a host of formalities to transfer the mutual fund holdings in his/her name and to sell those investments. Fund houses usually insist on an attested copy of the death certificate.should be filled up to transfer mutual fund units to the name of the nominee. "Nominee cannot directly redeem the mutual fund investment. He is first required to get the units transferred in his name," says Rajesh Bhatia, a mutual fund advisor based in Delhi. You can give a written application, if the fund house doesn't follow any particular format.should be filled by the nominee to transfer mutual fund units in his/her name.

Source: Economic Times February 22, 2017 10:37 UTC