If you also want to invest in mutual funds, you can do so by opening your bank account or demat account. Savings in mutual funds can be started by investing just Rs 500 per month, although it involves ...

India's markets regulator has proposed tighter know-your-customer (KYC) checks for mutual fund investors, but stopped short of creating a single centralized verification system—something the industry ...

When you invest in mutual funds, you complete KYC once and mostly forget about it. Later, a rule called FATCA was added. In simple terms, FATCA asks whether you have any tax connection outside India, ...

The Securities and Exchange Board of India (SEBI) has proposed a new framework to standardise the process of opening mutual fund folios and executing first-time investments, aiming to ensure that ...

The first investment in a new mutual fund folio is likely to be permitted only after KYC verification is completed by the KYC Registration Agencies (KRA) and the folio is marked as KYC-compliant.

SEBI is proposing significant changes to the KYC verification process for new mutual fund investors, aiming to streamline access and reduce delays. The regulator also plans to revise the mutual fund ...

The Securities and Exchange Board of India (SEBI) has proposed an overhaul of the Know Your Client (KYC) verification process for new mutual fund investors to reduce instances of delays in accessing ...

“It should be ensured that all e-wallets are fully compliant with KYC norms as prescribed by Reserve Bank of India (RBI),” SEBI said in a circular On May 8th 2017, SEBI allowed investors to use online ...