As an existing mutual fund investor, you would have done your KYC (Know your Customer). As a part of the process, you submit specific information about your identity, residence, income and political exposure. KYC is mandatory.
In case you are not sure whether your KYC is completed, you can check on CVL’s website here or CAMS website here. All you have to do is enter your PAN and the system will show your KYC status.
That is not enough!
So, if you thought you are done with your KYC, you are in for a surprise. Yes, your current KYC information is not enough. Now, there is an additional requirement that has come up for existing mutual fund investors.