NRIs are increasingly drawn to India s mutual funds via digital platforms, driven by diverse options and high returns. The investment landscape sees growth with enhanced transparency and financial inclusion, expanding India s investment ecosystem.
Your mutual fund Know Your Customer (KYC) status may show as ‘validated’ or ‘registered’ or on hold . Read on to find out what that means and what action you need to take
Financial Literacy News: SEBI has made it compulsory for investors to complete Know Your Client (KYC) formalities before investing in mutual fund schemes. It is important to n
After the 31 March deadline to revalidate one’s KYC expired, a mutual fund investor’s KYC status broadly falls under one of three categories. That determines whether you can continue investing in just your existing funds, or new funds with other AMCs, or you get blocked from all transactions.
If your mutual fund KYC is not based on an officially recognised document as specified by CAMS and KFintech, you ll need to complete your KYC again by March 31, 2024