You need not visit the website of each and every mutual fund house. Instead, you can add nominees on Karvy (KFintech), CAMS, and MFCentral websites. Different brokers have different procedures for updating nominee details.
To invest in mutual funds, bonds, shares, and securities, it is important to have a demat account or dematerialised account. Learn how to open a demat account.
With the Senior Citizen Saving Scheme (SCSS), citizens aged above 60 can invest and earn a regular income. Learn more about it with examples and tax on SCSS.