Can a document serve two purposes i.e. both as proof of Identity and Address?
No, Only Permanent Account Number (PAN) card can be submitted as a valid identity document. • All applicants from a folio have the same address. Do we need to give separate documents evidencing address? Yes. KYC compliance is for each applicant. Unique sets of documents are required from each applicant. Please note that this is a one time requirement unless there are changes in the address or if additional information is required by any governmental / regulatory body (ies) in terms of PMLA. • I am an existing unit-holder and have recently changed my address. For KYC application purpose, I am submitting proof for the new address. To which address of mine will all my correspondences be sent? The address provided for KYC compliance will overwrite the existing address in the folio/s. Therefore, all correspondences will be sent to your new address as mentioned in the KAF. Existing investors are however cautioned to note that their latest address and other demographic information is made ava
