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Mutual fund KYC: The hurdles and how to overcome them

Since Aadhaar-based KYC is the best option that allows you to invest across fund houses, it’s best to upgrade your KYC to ‘Validated’, if your KYC is ‘Registered’. For NRIs, it is a bit more complicated since they’re not mandated to have an Aadhaar. But distributors and financial advisors are advising them to obtain an Aadhaar. ....

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Bajaj Finserv MF, India's newest, to launch today

The fund house aims to be present across asset classes of equity and debt. This goes against many new-age fund houses that come with a differentiated strategy of launching either only equity or debt funds or focusing only on passive funds. ....

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