In a major relief for mutual fund investors, the Know Your Customer (KYC) process just got a whole lot simpler! Thanks to a new partnership with India Post, investors can now complete their mutual ...
Now, the Department of Posts (DoP) will provide Know your customer (KYC) verification and document collection services through its post offices for mutual fund investors. This enables postal employees ...
SEBI is proposing significant changes to the KYC verification process for new mutual fund investors, aiming to streamline access and reduce delays. The regulator also plans to revise the mutual fund ...
Mr. A has been investing in a few mutual funds for the past eight years, without adding any new schemes. However, when he tried recently to invest in a new scheme from a different mutual fund company, ...
The Securities and Exchange Board of India (SEBI) has proposed an overhaul of the Know Your Client (KYC) verification process for new mutual fund investors to reduce instances of delays in accessing ...
The first investment in a new mutual fund folio is likely to be permitted only after KYC verification is completed by the KYC Registration Agencies (KRA) and the folio is marked as KYC-compliant.
Securities and Exchange Board of India (SEBI) proposed to standardise the process of opening new mutual fund openings, according to its consultation paper released October 23. “While SEBI mandates ...
India's markets regulator has proposed tighter know-your-customer (KYC) checks for mutual fund investors, but stopped short of creating a single centralized verification system—something the industry ...