Comments on: Mutual Fund application , should I put Nominee or put 2nd name of my child ? pl guide me seriously? http://www.401k-guide.net/archives/330 Retirement Panning Thu, 09 Feb 2012 18:44:59 +0000 http://wordpress.org/?v=2.3.3 By: KD http://www.401k-guide.net/archives/330#comment-416 KD Sun, 30 Mar 2008 20:34:59 +0000 http://www.401k-guide.net/archives/330#comment-416 First thing do not invest in same type of mutual fund. Try to diversify your investment. Invest in diversified equity fund,infrastructure fund,power sector fund etc.You can put your child's name as nominee. First thing do not invest in same type of mutual fund. Try to diversify your investment. Invest in diversified equity fund,infrastructure fund,power sector fund etc.You can put your child’s name as nominee.

]]> By: Vicky http://www.401k-guide.net/archives/330#comment-415 Vicky Sat, 29 Mar 2008 05:07:49 +0000 http://www.401k-guide.net/archives/330#comment-415 Put it as a nominee not second applicant. That will act as Either or survivor. In case something happens to you, that money will go to your children. Put it as a nominee not second applicant.

That will act as Either or survivor. In case something happens to you, that money will go to your children.

]]> By: Anil S http://www.401k-guide.net/archives/330#comment-414 Anil S Thu, 27 Mar 2008 01:27:30 +0000 http://www.401k-guide.net/archives/330#comment-414 For you it will be more Convenient to put Nominee as this can be changed if for some reason you want to change your mind.Also you can put in one fund all 5 names as nominee with share of 20% each or what ever ! For you it will be more Convenient to put Nominee as this can be changed if for some reason you want to change your mind.Also you can put in one fund all 5 names as nominee with share of 20% each or what ever !

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