Have a Mutual Funds Identific-ation Number (MIN)?
If you have a MIN already, you are said to be KYC-compliant. All you need to do is submit a copy of your MIN acknowledgement letter to all your MFs and your KYC is done. A PAN copy for all your future investments though, will still be mandatory. It’s good that compliance in investments is on a rise. What is also needed is KYC compliance across investment avenues, such as small savings and insurance.
