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Mutual Fund New KYC Rules — If You Don't Do This, You'll Lose Out | Must Watch

Original: Mutual Fund New KYC Rules ఇలా చెయ్యకపోతే నష్టపోతారు | Must Watch Video

54.1K views · Apr 11, 2024 · 3:12 min · Watch on YouTube ↗
Takeaway

Validate your mutual fund KYC on the correct KRA portal (CVL/NDML/Karvy/CAMS) immediately, otherwise you cannot invest in any new fund house after April 1.

Summary

  • From April 1, new mutual fund KYC rules apply: investors with KYC status 'Registered' or 'Modified' can continue existing SIPs but cannot invest in new AMCs.
  • Only 'Validated' KYC status lets you invest freely across all mutual fund houses.
  • Check KYC status by entering your PAN on the CVL KRA website — it also tells you which KRA holds your record (CVL, NDML, Karvy, or CAMS).
  • Go to that specific KRA's website, search 'KYC validation' on Google, enter PAN/mobile/email, complete the OTP-based verification.
  • Once validation is done, full access to all AMCs is restored — share this with friends and family so they aren't blocked at investment time.
Mutual FundsKYCSEBIComplianceInvesting
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