To initiate/modify KYC, click here.
KYC Changes from Apr 01 2024
As per the latest regulations effective 01 April 24 an Existing Customer with a Mutual fund would be able to transact freely with a “KYC Registered” status. For a new customer to a Mutual fund either Re-KYC with one of the officially valid document or Aadhar based KYC as a one-time activity needs to be done. Also note, if Re-KYC with any other officially valid documents apart from Aadhar will result in the customer re-doing it every time he invests with a new Mutual fund.
Hence, it is recommended that you do KYC using Aadhar as a one-time activity so that you can transact freely in the mutual fund of your choice as Aadhar is the Universally accepted officially valid document.
Know your KYC Status and its Impact on transactions (static)
| KYC STATUS | Investments in Existing MF | Investments in New MF | Remediation |
|---|---|---|---|
| KYC VALIDATED | No Impact | No Impact | Not Required |
| KYC Registered | No Impact | Allowed, Fresh set of KYC documents to be submitted every time, investing in a new MF | Investor can do a re-kyc using Aadhaar as OVD (Officially Valid Document) to remediate the status to KYC VALIDATED for seamless transactions in securities market |
| KYC On-Hold / KYC Rejected | Transactions will not be allowed | Transactions will not be allowed | Investor should ensure to do the following to change the status to Registeredto complete PAN Aadhaar Seedingupdate email id / mobile and validatere-submit the pending documents to KRAInvestors are suggested to do a re-kyc using Aadhaar as OVD (Officially Valid Document) to remediate the status to KYC VALIDATED for seamless transactions in securities market |
The KRAs have changed the KYC status of all existing KYC complied investors after validating above 4 attributes such as PAN, Name and Address with the official database (such as Income Tax database on PAN, Aadhar XML/DigiLocker/M-Aadhaar) and Email ID/Mobile number (where provided). The status will be either KYC Validated, KYC Registered or KYC On Hold.
For checking your latest KYC status, please visit the links shared below :
- CVL KRA https://www.cvlkra.com/
- CAMSKRA https://www.camskra.com/
- NSDL KRA https://kra.ndml.in/kra-web/jsps/pos/KYCClientInquiry_NEW.jsp
- NSE KRA https://www.nsekra.com/
- KARVY KRA https://www.karvykra.com/
For FAQ please click here.
In case, you find your KYC status as ON HOLD/ deactivated/ invalid/ in process/ rejected, kindly proceed with the modification of KYC. click here..
Please reach out Customer Care on 1800-209-2726 for any further assistance.