Hello Investor! 
SEBI has introduced a rule for Mutual Fund Nomination starting 1st June 2025, to help protect your investments and make sure your investments can go to your loved ones smoothly,
Here’s everything you need to know:
If you’ve opted for a nominee for your Mutual Fund investments. SEBI now requires a few additional nominee details to be submitted when placing a new purchase order.
These includes
- Nominee Mobile Number
- Nominee Email Address
- Nominee Residential Address
- Nominee Identity document number (PAN / Aadhaar / Passport)
Note : On Dhan is a one-time process. And it will be updated for all your AMCs at once.
Will This Affect Your Orders?
| Order Type | Impact | Notes |
|---|---|---|
| Lumpsum order | Yes | Order with a new AMCs after 30th May 2025 |
| SIP order | Yes | SIP with a new AMCs after 30th May 2025 |
| Additional Lumpsum order | No | You can place the order without any interruption. |
| Redemption order | No | You can redeem funds as usual |
| Top-up order | No | SIP top-ups will work without any issues |
To summarise : For investments with a new AMC after 30th May 2025, you’ll need to provide additional nominee details. If not provided, the order will be rejected by AMCs and the investments will fail.
What Should You Do?
- Update your Dhan app to the latest version v.79 from Play Store / App Store
- Place a Mutual Fund order - you’ll be prompted to add nominee details
- Fill in the details once - and you’re done!
- If you had opted-out of adding a nominee earlier, you don’t need to do anything
Have questions? We’re here to help - just reach out to us at help@dhan.co or through the Help section in your app.
Let’s continue investing smartly - and securely.
Team Dhan