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Mutual Funds

Mutual Funds

A mutual fund is an investment security that enables investors to pool their money together into one professionally managed investment. Mutual funds can invest in stocks, bonds, cash or a combination of those assets. The underlying security types, called holdings, combine to form one mutual fund, also called a portfolio

In simpler terms, mutual funds are like baskets. Each basket holds certain types of stocks, bonds or a blend of stocks and bonds to combine for one mutual fund portfolio.o.

KYC is an acronym for Know your Client, a term commonly used for Client Identification Process. SEBI has prescribed certain requirements relating to KYC norms for Financial Institutions and Financial Intermediaries including Mutual Funds to know their Clients. This would be in the form of verification of identity and address, providing information of financial status, occupation and such other demographic information. Applicant must be KYC compliant while investing with any SEBI registered Mutual Fund.

What are the KYC requirements for a Mutual Fund Investor?

Individual investors will have to produce his Proof of identity (Photo PAN card copy or PAN card copy and copy of the passport, driving license etc.) and Proof of Address (any valid documents listed in section B of the KYC Application Form for Individuals). Non-Individual Investors will have to produce certain documents pertaining to its constitution/registration to fulfill the KYC process. A list of Mandatory Certified Documents to be submitted can be found in section C of the KYC application form for Non-Individual Investors.

What about Minor becoming Major?

Upon a Minor attaining the age of majority (i.e. on completing 18 years of age), he/she must be KYC Compliant and have KYC Acknowledgement of their own. The same should be informed to the Mutual Fund where he/she holds an investment, along with other details such as the Bank Details, Signature, etc as per the present requirements of such Mutual Fund.

Yes PAN CARD is mandatory for all Mutual Fund Investments. However, only KYC is required for MICRO SIPs (where annual investment commitment is not greater than Rs. 50000).

Yes PAN CARD is mandatory for all Mutual Fund Investments. However, only KYC is required for MICRO SIPs (where annual investment commitment is not greater than Rs. 50000).

Mutual Funds

Company NAME Form Type Download
Axis MF Common Application Form
CANARA MF Common Application Form
CANARA MF SIP
CANARA MF STP
CANARA MF SWP
IDBI MF Common Application Form
IDBI MF SIP STP SWP
IDBI MF CAF
IDBI MF STP
IDBI MF SWP
L&T MF Common Application Form
L&T MF SIP
L&T MF STP & SWP
LIC MF Common Application Form
LIC MF DEBT-CAF
LIC MF NACH
LIC MF SIP
LIC MF STP
LIC MF SWP
MIRAE ASSET MF Common Application Form
MIRAE ASSET MF Common Application Form
MIRAE ASSET MF SIP
SUNDARAM MF Common Application Form
SUNDARAM MF DEBT-CAF
SUNDARAM MF SIP
SUNDARAM MF STP
SUNDARAM MF SWP
TATA MF Common Application Form
TATA MF SIP
TATA MF STP
TATA MF SWP
Axis MF Common Application Form

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs. No warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable. BSE Mutual Fund Distributor Code: 12860 | Association of Mutual Funds in India: ARN - 111310 | EUIN - E156922

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