Investments in mutual funds can be held either in Single name or Joint names. There could be maximum of three persons in joint holding mode. In case of Single holding, only Sole holder will be authorised to make investment, redemption, switch or other incidental transactions. If mode of holding is joint, all holders need to sign the papers jointly towards investment, redemption, switch and all other incidental matters. In case of joint holdings with instruction of any one or survivor- any holder can sign the papers towards investment, redemption, switch and all other incidental matters.