Do I need to use separate a application form for each folio that I have with HDFC Mutual Fund for registering for multiple bank accounts?
No. You may use 1 application form for upto 6 folios held by you if the joint holders and the mode of holding are the same. For additional folios, new application forms have to be submitted. In case you have numerous folios with HDFC Mutual Fund, we recommend that you consolidate all your investments into one folio. • Can I provide the bank account details of my SB as well as NRE accounts in the same folio? No. For a folio, all the bank accounts for receiving redemption / dividend proceeds should be of type SB or NRO in case the investments are made vide SB or NRO accounts. If investments are made vide NRE accounts, all the bank accounts registered for redemption should be of type NRE only. • Do I have to submit any additional supporting documents for registering an NRE account for redemption in my folio? No. However, please note that for receiving redemption / dividend proceeds into your NRE account, the Foreign Inward Remittance Certificate (FIRC) for each underlying investment has t
No. You may use 1 application form for upto 6 folios held by you if the joint holders and the mode of holding are the same. For additional folios, new application forms have to be submitted. In case you have numerous folios with HDFC Mutual Fund, we recommend that you consolidate all your investments into one folio.
Related Questions
- Do I need to use separate a application form for each folio that I have with HDFC Mutual Fund for registering for multiple bank accounts?
- Are Mutual Fund Identification Number Application Form (MAF) / documentation requirements separate for Individuals / Non-Individual applicants?
- Is the KYC Acknowledgement a separate form or is it a part of the Mutual Fund application. Which of the forms require being time-stamped?
