 March 31 is the deadline to redo mutual fund KYC

MARCH 31ST IS THE DEADLINE TO REDO MUTUAL FUND KYC

The deadline to re-do your KYC (Know Your Customer) is approaching! Don't miss out on managing your investments. Written by - Prathyush Gupta Designed by- Prince Kumar Photo Credit: Pexels

[{"selector":"#anim-07e48c5f-d231-4c91-8ea0-dc6be19c24f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-600e952d-4219-4384-ad2e-02b06b3f18f6","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eaa6bd77-eb3d-47ec-8f31-5f14434893d0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3d53915-9c2c-4077-95a9-36e03798745b","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-890bc7be-9458-4be4-9a50-e2ee147a9115 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] What is KYC? KYC helps prevent financial fraud. It verifies your identity and protects your investments. Photo Credit: Pexels

[{"selector":"#anim-0cf010b9-0f44-4c78-b8ea-bfddbadbc932","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9bee6f2-d798-416c-a744-651efcfdbbac","keyframes":{"transform":["translate3d(105.81718%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f9cf5d7-c06a-4f5a-bed0-15854a5c5ed6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0af6f6e-d0d4-4eae-9365-678959bd5af6","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-50be784d-2957-4dd2-89c2-a979d5a5dae8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Is your KYC Up-to-date? The deadline to re-do KYC based on valid documents is March 31, 2024. Photo Credit: Pexels

[{"selector":"#anim-eb6e620d-8e9b-4a52-b557-4598f54962cc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72c29f2c-b826-443c-b964-70ca4ba1c460","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2a3eff4-9b3b-44b4-b6bc-ce8a504253a0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82674fd3-d4b8-477b-b54c-0e22a5531771","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1435b69-c724-458f-bed2-877a2ee4cba4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] What if I miss the deadline? Your SIPs (Systematic Investment Plans), SWPs (Systematic Withdrawal Plans), and redemptions will be restricted after April 1st. Photo Credit: Pexels

[{"selector":"#anim-a5832e0b-83a9-4fea-b63c-6948a1365db6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-82dd1881-eebe-4667-b5cb-5bd908e596e8","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6046061f-8469-4010-83fb-1e53864c4d56","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-490b9329-b681-4118-8631-f31fcc365f85","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04e1159e-0145-479c-a5c7-c30a91c9f65e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Who needs to re-do KYC? Investors whose KYC is based on documents other than Aadhaar card, Passport, or Voter ID card. (e.g., Bank statements, utility bills) Photo Credit: Pexels

[{"selector":"#anim-8c4fc7c6-030c-40a2-a491-d5e345f22510","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-44e88594-99ae-43ff-acdc-85ce8be7cb19","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed11b819-7c1f-492a-a052-7269f9c6560c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62e139c4-bcea-408f-88dd-a62c10fac3d8","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f91db74-f6cf-4bbb-8e4c-86005313f1b9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Driving Licenses for KYC? CAMS says resubmit, KFintech says valid. Check with your provider for clarification. Photo Credit: Pexels

[{"selector":"#anim-2e975918-e4e6-49cd-b42c-4d6ea04a7f93","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-691e6cc9-a185-42f7-a63b-70790f822652","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f38d8879-67ea-4374-bbb4-166f675d6ec7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e738fee-c33f-4f58-8006-d284e092589a","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd0eadb7-a0c7-4bb8-a8f6-0b980c7e4c75 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] How to re-do KYC? Check CVL KRA website or contact your mutual fund house/RTA for confirmation. Photo Credit: Pexels

[{"selector":"#anim-8b72cefe-a0c6-413a-a925-9314a2ce4bf9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed496ea9-5687-45ad-b3a7-037533855729","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b6957569-8fb4-4c19-8623-6e64ff972929","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2df57a85-50c9-4413-947b-cc04565eda8e","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ead9c59f-20dd-4029-9db8-c32c822e143d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Re-KYC is NOT online! Submit a physical KYC form with valid documents to your mutual fund house or RTA. Photo Credit: Pexels

[{"selector":"#anim-36174e08-07f8-4e30-adfb-b26bc56a76a1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ccd30183-6c15-4613-96de-eef839475f1c","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef18a4f3-a59f-46e6-9dec-2a1438147035","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0811382-6e7b-469d-9e74-7aca76c8229d","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2d984ec9-ba0c-4786-947e-8051c16c23db [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] What happens after submitting? KYC registration agencies (KRAs) update your KYC details across all your MF investments linked to your PAN. Photo Credit: Pexels

[{"selector":"#anim-d557a0cb-e578-40ef-afa8-9b27c14602b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-235ffc1e-0551-4d28-8f4d-0367a61d8faf","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05a56d1b-0f61-405e-8a2e-4387290271b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bba7d70b-9e46-48b3-852f-3d8592162868","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18a3fdeb-40ac-4e45-941b-9e2a9b9a2fa4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Stay informed, stay invested! Contact your mutual fund advisor or RTA for any questions. Photo Credit: Pexels

[{"selector":"#anim-a93aaf57-aca0-45bf-ba10-08dc46a273db","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4aa7a02-0661-495c-8e7c-555468bbfcaa","keyframes":{"transform":["translate3d(106.37119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04536e7c-890c-42ee-aff1-c988240c8b54","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fa171a8-8385-4b69-b71b-e83aba209c61","keyframes":{"transform":["translate3d(-128.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b10afd47-ee45-4a97-af33-aa113f0d03ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Right Way to Earn Tax-Free Interest from PPF After Maturity Learn More