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Know Your Customer

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  • Know Your Customer (KYC) is a one-time mandatory activity so as to invest in Mutual Fund.
  • Every investor who wishes to invest more than Rs. 50k need to be KYC-complaint.
  • The KYC process that is currently done is called CKYC or Central KYC.
  • Investors who have done their KYC with a equity stock broker for opening a demat account is likely to be already KYC-complaint and might not need to do it again. This means, those who are having an active demat account can likely invest in mutual funds without any additional process.
  • Because there is a In-Person Verification (IPV) column in the KYC form, new KYC investors have to go through some one-time simple paper and offline process. CKYC cannot be done online.
  • The online KYC that most service providers are offering is actually eKYC which is linked to Aadhar and allows only investments up to 50k. Sooner or later, you need to do the regular CYC process. SIPs cannot be started with a eKYC. Even if done, they carry certain restrictions.
  • Unlike as anticipated by many, CKYC is a simple to fill form.
  • CKYC Forms can be downloaded from Mutual Fund Registrar websites or from AMC Website.
  • CKYC, one done with one registrar / AMC, will be valid and applicable to all AMCs. So, doing it once will allow you to invest in any mutual fund.
  • The KYC application form for Individuals is different from those for Non-Individuals. So make sure you download the appropriate form.

Downloading the CKYC Application Form for Individuals

  • Visit http://www.camskra.com/ from your computer
  • Click on the Downloads button at the top middle of the screen.
  • The Application Forms pop-up appears.
  • Click on the KYC Application Form - Individuals CKYC Application Form - Individuals (w.e.f 1st August'2016) to download the form. You can save the form in your computer and then take a print of it. It is a PDF file and opens in any PDF reader.
  • Use A4 size paper only for printing the above form.

Documents required for KYC

  • Appropriate Application form (New KYC / Change KYC?)(Individuals or Non-Individuals?
  • Photograph of the Investor
  • Proof of Identity (PoI) (for PAN exempt Investor or if PAN card copy not provided)
    • I prefer a PAN card as POI because it is an already inevitable document that you already submit.
    • Other allowed documents are:
      • Passport Number
      • Voter ID Card
      • Driving Licence
      • Aadhaar Card
      • NREGA Job Card
      • Others (any document notified by the central government)
  • Proof of Address (PoA)
  • Self-Certification of documents is mandatory. You just have to sign at the bottom right of the page of all the photocopyies of the proof-documentation that you are providing.

How to check my KYC status?

  • Visit http://www.camskra.com/
  • In the middle right side of the screen, locate the My KYC Status.
  • Enter your PAN Card Number and press Enter key (or press the Search icon).
  • The KYC Information box appears.
  • Look for the status of KYC Status

What is the meaning of various KYC Status codes?

  • KYC Registered-New KYC: This is the most preferred KYC status. When you have this status, you do not have any restrictions with regard to MF investing.
  • UNDER PROCESS - New KYC: This means the KYC application form is recently submitted and that it is under process. Please check back after few days for an updated status.
  • ON HOLD - New KYC: This means that the application form was submitted but it does not have some required documentation. You will have to submit that particular document that your service provider needs to complete the KYC process.
  • KYC REJECTED - New KYC: This means that the application form was submitted but it does not have some required documentation. Please submit fresh KYC application again.
  • KYC NOT AVAILABLE: Due to some problem, you need to submit full set of KYC documents once again.
  • DEACTIVATED: Your KYC data became too old and is unusable for fresh investing in MFs. You need to submit full set of KYC documents once again.
  • UNDER_PROCESS - Incomplete/ Existing / Old KYC: You need to submit full set of KYC documents once again.
  • KYC REGISTERED - Incomplete/ Existing / Old KYC: You need to submit full set of KYC documents once again.
  • ON HOLD - Incomplete/ Existing / Old KYC: You need to submit full set of KYC documents once again.
  • KYC REJECTED Incomplete/ Existing / Old KYC: You need to submit full set of KYC documents once again.

How to get KYC data changed?

  • If you are already investing in mutual funds and have a KYC but if certain details are missing or if you need to change any details (such as change in your mailing address etc), you need to update these details to the Mutual Fund office or the Registrar by submitting the KYC Details Change Form.
  • The KYC Details Change Form from can be downloaded from http://portal.amfiindia.com/spages/ChangeIndividualForm-KYC.pdf
  • Use A4 size paper only for printing the above form.
  • Enclose necessary enclosures (such as proof of address in case you are getting your address updated etc.)
  • The filled in form can be submitted at your nearest CAMS / Karvy / Mutual Fund AMC office

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