Personal Finance Tip: How To Obtain “Know Your Client” (KYC) Compliance For Investing In Mutual Funds?

by Vinaya HS on June 24, 2008

in Finance

It’s a pretty straightforward process:

  1. Download and fill this form (PDF format).
  2. Attach a copy of your PAN card and your proof of residence.
  3. Find the nearest submission center.
  4. Submit and collect your Acknowledgment. Remember to carry the originals for verification.

That’s it. You’re all set to invest in Mutual Funds. I completed this procedure today in about an hour’s time.

Further reading:

  1. How to Apply for a Mutual Fund Identification Number (MIN)?
  2. Mutual Funds: We Don’t Know If We’ll Perform As Well In Future, But Give Us Your Money Anyway
  3. Tip Tuesdays: Avoid the “We Can Help You Mimic Warren Buffett’s Style of Investing” Trap
  4. Personal Finance Tip #1: Evaluating Health Insurance Providers
  5. Lame Financial Products: Would You Trust Your Money With These Funds?

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