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KYC Requirements

Investors need to complete the ‘Know Your Customer’ (KYC) formalities by providing their proof of identity, proof of address and certain other information, in accordance with the Prevention of Money-Laundering Act, 2002 (PMLA), Rules issued there under and related guidelines/circulars issued by SEBI. As a reminder, KYC formalities must be completed for all Unit Holders, including Guardians and Power of Attorney holders, for any investment (whether new or additional purchase) of Rs.50,000 or more. You are requested to complete the said formalities at the earliest. 
KYC Formalities – The process:

For investor's convenience, a majority of mutual funds in India have appointed CDSL Ventures Ltd (CVL) as their agents to complete PAN verification and KYC formalities on their behalf. Investors need to submit their details only once for completion of formalities across all these mutual funds.

Please note that PAN is mandatory for completing KYC formalities with CVL. You are requested to carry your original PAN card or an attested copy (in original) of your PAN card to the Point-of-service for verification.

Investors will need to submit the following at the designated ‘Point of Service (POS)’ Centres of CVL for one-time completion of PAN and KYC formalities.

Completed KYC application form :
  Individual
  Non Individual
Recent passport-size photograph to be affixed on the form
Copy of PAN card
Prescribed documents for proof of address / constitution

 Please note that the above documents need to be in the form of either:

A self attested copy along with originals (originals will be returned across the counter after verification) or ;
A copy attested (in original) by a notary public/gazetted officer/manager of scheduled commercial bank (designation seal to be affixed).

Investors will be issued a KYC acknowledgement letter across the counter by the POS official after verifying the KYC documents.CVL will take 10 days to process the KYC application form. Therefore, the KYC acknowledgement letter will be valid only after 10 days from the date of acknowledgement.

Please do not use the KYC acknowledgement letter before 10 days from the date of acknowledgement.

This acknowledgement can be submitted to majority of mutual funds along with the fresh investment application form / additional purchase request or along with a covering letter containing your folio numbers for updation of PAN / KYC compliance.

Those of you have Completed KYC process with CVL and have been issued a KYC (erstwhile MIN) acknowledgement letter may kindly submit a copy of the KYC (erstwhile “MIN”) acknowledgement letter along with the fresh investment application form / additional purchase request or alongwith a covering letter containing the folio numbers for updation of PAN / KYC compliance.

If, for any reason, the status of KYC registration at CVL is “Incomplete”, please resubmit the required documents to your nearest Point-of-Service (POS) and obtain a fresh KYC acknowledgement letter.

Click here to for Point of Service (POS)
Click here to download KYC Application form for Individual
Click here to download KYC Application form for Non-Individual
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