Sept 1 Nomination Rule: Is Your Demat at Risk?
SEBI now makes nomination mandatory for all single-holder demat accounts and mutual fund folios from September 1, 2026. If you don't nominate someone — or officially opt out — your account access could be restricted. Here's what it means and what you must do.
Your SIP corpus could outlast you — but your family can't touch it without a nominee on file.
Your demat and mutual fund holdings could be frozen if you miss the September 1 nomination deadline
Key Takeaways
Log into your broker app (Zerodha, Groww, Angel One, etc.) and AMC portals this week — check nomination status for every single-holder demat account and MF folio you own.
Add up to 3 nominees with clearly defined percentage shares; if you prefer not to nominate, download and submit the opt-out declaration form from your broker or AMC before September 1, 2026.
If you hold multiple folios across different AMCs or two separate demat accounts, treat each one independently — a nomination update in one account does NOT automatically apply to others.
SEBI now makes nomination mandatory for all single-holder demat accounts and mutual fund folios from September 1, 2026. If you don't nominate someone — or officially opt out — your account access could be restricted. Here's what it means and what you must do.
Here's what happened: SEBI has mandated that all single-holder demat accounts and mutual fund folios must either have a registered nominee or a signed opt-out declaration in place by September 1, 2026.. Accounts without any nomination action on record may face restrictions on new transactions — including fresh SIP registrations and stock purchases — after the deadline passes.. Investors unwilling to nominate anyone can still comply by submitting a formal written opt-out declaration through their registered broker, depository participant, or AMC — this option is legally recognised under SEBI norms..
What you should do: Log into your broker app (Zerodha, Groww, Angel One, etc.) and AMC portals this week — check nomination status for every single-holder demat account and MF folio you own.. Add up to 3 nominees with clearly defined percentage shares; if you prefer not to nominate, download and submit the opt-out declaration form from your broker or AMC before September 1, 2026.. If you hold multiple folios across different AMCs or two separate demat accounts, treat each one independently — a nomination update in one account does NOT automatically apply to others..
You can split your nominee allocation — for example, 60% to your spouse and 40% to a child. This avoids family disputes and speeds up the transmission process after your death without a lengthy legal battle.
For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.
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- [1]“Nomination mandatory for demat accounts, MF folios from Sept 1: What if you don't want a nominee?” mint - money · 8 Aug 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.