This is a must for investing in Mutual Funds!
DOCUMENTS REQUIRED FOR KYC
HOW TO COMPLETE THE KYC PROCESS
Once you have completed your KYC for any of the Sebi regulated entities, you do not need to repeat the process.
BEWARE OF KYC FOR OLD INVESTMENTS
If you have an old investment, check if it's KYC complaint. The letter on investments that you get from your fund house will most likely tell you if the KYC is updated or not. If the KYC is not updated, you should do it on a priority basis. Else you would face extreme difficulty at the time of redeeming your investments.
KYC COMPLIANCE WHEN YOUR CHILD BECOMES AN ADULT
Recently Sebi changed the rules for KYC compliance when your child, in whose name you have some investments, turns adult. Once your child attains adulthood, you need to submit KYC documents for him/her. For this the child has to provide his/her own bank account details also.