Inoperative PAN invest in mutual fund schemes: The market regulator, Securities and Exchange Board of India (Sebi), has provided relief to mutual fund investors to get KYC Registered status from KYC on-hold status. The KYC Registration Agency (KRA) is required to comply with the latest relief by May 31, 2024.
sebi mutual fund kyc rules: Mutual fund new KYC rules: Aadhaar is a must if you want to invest in multiple mutual fund schemes smoothly indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Amol Joshi emphasizes the importance of debt mutual funds in balancing investment portfolios, shielding against market risks, and providing stable returns. Understanding the dynamics of debt instruments is essential for effective asset allocation and long-term financial growth. Joshi says: "There are some rules of thumb that a debt mutual fund is useful when you have an investment horizon that is spanning a few weeks or months or something that is not really medium or long term."
Amol Joshi, Founder of PlanRupee Investment Services talks about the hardships that mutual investors are facing because of re-KYC mandate, what are the different KYC registration statuses, how to validate KYC and the issues specific to NRI investors.
Without an Aadhaar number it might not be possible to achieve KYC Validated status, as per experts. Several mutual fund investors are facing issues with their KYC.