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  2. Sep 10, 2024 · If you have invested in mutual funds and are confused about the new KYC (Know You Customer) rules that have come into effect, here is a quick guide to help you out. 1. Find Out Your Status:...

  3. Apr 24, 2024 · New KYC regulations for mutual funds introduced on April 1, 2024, impact investor access to schemes. Understanding KYC status is crucial. Different statuses like Validated, Registered/Verified, and On Hold have specific implications, requiring investors to follow necessary processes for hassle-free investments.

  4. May 10, 2024 · Mutual fund investors must update their KYC with Aadhaar to buy new MF units from 2024-25 as per SEBI rules effective April 1.

  5. May 10, 2024 · Many mutual fund investors are struggling to understand the new KYC rules that have come into effect from April 1, 2024. According to the rules, the KYC status of an individual has been divided into three categories: validated, verified and on-hold. Investors with "KYC Validated" status are not required to do anything.

    • Preeti Motiani
  6. May 8, 2024 · The new KYC rules for mutual fund investors that came into effect on April 1, 2024, state that the investors must be "KYC Validated" to seamlessly invest in any scheme of any mutual fund house. They can continue their existing investments if their status is "KYC Registered" or "KYC Verified".

    • Preeti Motiani
  7. Apr 1, 2024 · What are the new mutual funds KYC rules? As per the new rules, individuals must submit one among a list of Officially Valid Documents or OVDs – which include Aadhaar card, passport, driver’s license and voter’s ID card – for KYC registration.

  8. Apr 24, 2024 · With the introduction of new Know-Your-Customer (KYC) regulations for mutual funds effective from April 1, 2024, investors now need to be aware of their KYC status to access mutual fund schemes seamlessly.