As per fund houses, a large number of mutual fund folios do not have nominations, though the exact number is unknown. Nomination was not compulsory earlier in demat accounts and mutual funds and this led to many investors skipping these details.
Nasdaq rebounds but posts fourth straight weekly decline
On Friday, technology stocks saw a significant rebound, boosting investor optimism about growth in artificial intelligence amidst recent market fluctuations. The semiconductor sector soared, primarily