How does the investor transact in Mutual Fund after completing the KYC process?
Investors must attach their KYC Acknowledgement along with the Investment Application Form(s) / Transaction Slip(s) while investing for the first time in every folio. Applications Forms / Transaction Slips not accompanied by KYC Acknowledgement are liable to be rejected by the Mutual Funds. If you do not obtain a KYC Acknowledgement, you will not be able to invest Rs. 50,000 or more in a Mutual Fund.
Related Questions
- Where and how does one get to be KYC Compliant? Does the investor have to repeat the KYC process with every Mutual Fund?
- Where does the investor go to transact in units of HDFC Mutual Fund Schemes through the stock exchange?
- How does the investor transact in Mutual Fund after completing the KYC process?