Folios Without Nominees - Compliance Report

Overview

Ever checked a folio only to find there’s no one nominated to claim it? In the compliance report,  the Folios without a Nominee report flags every account missing nominee details, showing you the folio identifier, scheme name, investment amount, and tax status at a glance.

Click Refresh Data from RTA to fetch the latest CAMS/KFintech status

Why It Matters

Transactions will still process without a nominee on file, but having a registered nominee ensures that, in the event of life-changing circumstances, there’s a clear succession path. It protects both your client’s interests and your advisory reputation.

Action Steps

1. Identify the Gaps

• Browse the report to see which folios need nominee entries

2. Access the RTA Portal

• Log in to CAMS, KFintech, or MF Central with your credentials.

• Fill in the nominee form for each folio—there are no associated charges. Or can use the physical Nominee form to update nominee details and submit a signed copy to CAMS/KARVY or the respective AMC

3. Confirm Completion

• Return to Investwell Mint, refresh the report, and verify that those folios disappear from the list.