Thu, May 16, 2024
According to the new rule, even without linking Aadhaar and PAN, an investor can get their KYC done with OVD i.e. officially valid documents like Aadhaar, PAN, Voter ID, passport and driving license. The KYC status of such an investor will be KYC-registered.
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Thu, Apr 25, 2024
As KYC rules in Mutual Funds have changed since April 1, 2024, it has become necessary to get KYC done through Aadhaar and PAN. If the MF investor has done KYC using an Aadhaar card and PAN card, then his KYC status will be Validated. Only people with validated status can invest in all mutual funds.
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