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Ch.9 · KYC and Folio Management · hard

For a transmission to a nominee where the value of units is below ₹5 lakh, which of the following documents is typically sufficient?

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EXPLANATION

For smaller amounts (typically below ₹5 lakh, threshold varies by AMC), transmission to a nominee can be completed with the death certificate, nominee's KYC documents, and an indemnity bond — without requiring a court order.

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