With effect from 1st January 2011, KYC will be mandatory for all investors irrespective of amount of investment.<\/p>\n
In case of investment for a minor, Guardian\/Parent who is investing on behalf of the minor must be KYC complaint.<\/p>\n
Impact of this move:
\n1. Even small investors have to now register for KYC.
\n2. Address updates have to be made in KYC for update in the Folios. However, contact details (phone & email) have to be separately updated with each AMC\/for each folio.<\/p>\n
UPDATE: With effect from 1st January 2011, KYC will be mandatory for all investors irrespective of amount of investment. In case of investment for a minor, Guardian\/Parent who is investing on behalf of the minor must be KYC complaint. Impact of this move: 1. Even small investors have to now register for KYC. 2. Address updates … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[125,146],"class_list":["post-290","post","type-post","status-publish","format-standard","hentry","category-for-info-general","tag-kyc","tag-mutual-fund"],"views":1152,"_links":{"self":[{"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=\/wp\/v2\/posts\/290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=290"}],"version-history":[{"count":0,"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=\/wp\/v2\/posts\/290\/revisions"}],"wp:attachment":[{"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kirukkalgal.pathipagam.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n<\/em><\/p>\n
\nReply> KYC will be mandatory irrespective of investment amount for Individuals and Minors for only those SIPs registered on or after 01-Jan-2011. It is already mandatory for all other investors irrespective of invetsment amount.<\/em><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"