ABSL P&P - Day 12

Transmission process can be done via

• ABSL MF website

• ABSL Mobile app

• Physical mode (offline)

• No such transaction possible

Transmission is a transaction where, on the death of the unitholder, units are transferred to the _____ or name of the unit holder is deleted, if there is a ______ in the folio

• Primary holder, Power of Attorney

• Nominee/Joint Holder

If the nominee/legal heir is a minor, then the KYC details of the _____ needs to be updated

• Bank Manager

• Natural/legal guardian

• Grandparents

• Donor

For the signature of the nominee to be updated, the nominee needs to submit the______ during the transmission process

• Annexure A

• Annexure 1A

• Annexure 1

• None pf the above

In case of the deceased 1st or 2nd joint holder, form ___ has to be submitted for deletion of name along with the other documents for transmission

• Form T1

• Form T2

• Annexure 1

• None of the above

In case of the deceased 1st holder, form ___ has to be submitted along with the other documents for transmission

• Form T1

• Form T2

• Form T3

• None of the above

Form T3 has to be submitted for transmission of units to the ______/_____

• Registered nominee/Legal heir in the folio.

• Joint Holder in the folio

• Banker's attestation for signature updation.

• None of the above

_____ is to be submitted by the nominee for transmission and Change of Karta in the case of death of Karta and units transferred to the registered nominee in the folio.

• Form T5

• Form T2

• Form T3

• Form T1

T5 Transmission Request Form where HUF is dissolved upon demise of Karta, what are the documents required?

• Death Certificate of the existing Karta

• KYC Acknowledgment of Claimant, Bank proof, Annexure 1, Nomination Form,

• Bond of Indemnity

• Deed of Settlement/Deed of Partition of HUF/Decree of the competent court

KYC of the ____ is mandatory whereas KYC of the ____ is not mandatory.

• Unitholder, Joint Holder

• Joint Holder, Nominee

• Joint Holder, UBO

• None of the options