SEBI has modified KYC rules. New CKYC rules for Mutual Fund investors:
1) Investors whose records are already existing in KRA as “KYC OK” may invest freely in any fund.
2) A new MF investor – first time investor whose records are not available in KYC-KRA will have to fill the new CKYC form.
3) The above rules are applicable for individual investors only including NRIs.
4) In case modifications to be made for existing KRA compliant investors, CKYC form to be filled in.
The new form will be available on CKYC link on our website shortly.