Know your KYC Status
To invest in Mutual Funds, you must be KYC Compliant. Check your KYC status now.
Your PAN is secure, we do not store or share it.
Learn about KYC Process
What is KYC?
KYC (Know Your Customer) is a process of customer identification and verification mandated by SEBI to detect and prevent financial crimes like money laundering and terrorist financing in the securities market. Financial Institutions, including Mutual Funds, are required to verify investors' identity, address, financial status, and other demographic information to 'know' their customers.
Meaning of your KYC Status
For New Investors
Steps to do fresh KYC
If you are a new investor, you can complete the KYC process digitally with OTP based Aadhaar authentication. This solution is offered by CAMS KRA.
Initiate KYCNote - This cannot be used by Minors & NRIs
eKYC using OTP based Aadhaar verification works as follows:
- Click on the verification link to start KYC process
- Enter your email and PAN when prompted
- Input your full name exactly as it appears on your PAN card, your date of birth, and select your preferred Mutual Fund House
- Accept the terms and conditions to continue
- Have your PAN Card (Valid Proof of Identity) and Aadhaar linked to your mobile/email (Valid Proof of Address) ready
- Enter your Aadhaar Number and Mobile Number linked to Aadhaar to generate OTP
- OTP is sent by CAMS to both mobile & email ID once UIDAI validation is complete
- On successful OTP verification, Investor to upload PAN copy which is validated with NSDL
- For Address proof verification, UIDAI will send OTP to investor to either of registered mobile or email
- On successful authentication of OTP, UIDAI will provide Aadhaar PDF and photo
- Fill-in additional details – resident status, occupation etc.
- Upload signed cancelled cheque. Bank details will get filled automatically
- IMPS validation is done basis the cheque uploaded to match name on cheque with the name in PAN
- If there is 70+% name match, it will allow to proceed to upload e-signature
- Upon successful submission of details, KYC status becomes – Under Process & the PAN becomes investment ready
For Existing Investors
Steps to update KYC
If you are an existing investor, you can update/modify the KYC process digitally by following the steps mentioned below. This solution is offered by CAMS online.
Update KYC- Login with your PAN number
- Choose a fund house where you've already invested
- Have your PAN Card (Valid Proof of Identity) and Aadhaar linked to your mobile/email (Valid Proof of Address) ready
- Agree to the terms and conditions
- Verify your name and contact details
- Upload the PAN Card
- Provide Aadhaar number for address verification
- Verify OTP sent via UIDAI
- Enter Digilocker PIN (if registered)
- Capture your photo/selfie
- Confirm your signature either by signing on screen or uploading a signature on a plain white paper.
- Your KYC status will change to 'Under Process' when the update is being processed by the KRA. You can now invest in the Mutual Funds.
- If your KYC status remains 'Under Process' for more than 15 days, you may need to re-do your KYC or contact the KRA for further assistance.
FAQs on KYC Norms
KYC and Officially Valid documents
Know Your Client (KYC) is mandatory to prevent financial crimes like Money Laundering and Terrorist Financing. It helps financial institutions verify customer identities, assess risks and the Prevention of Money Laundering Act, 2002 (PMLA) along with the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 (PMLA Rules) are the principal laws enacted to prevent money laundering activities in India, which mandates that intermediaries in securities market are required to perform Client Due Diligence. KYC records including details submitted for account opening of the client play a crucial role in ensuring Client Due Diligence.
Note – AMC reserves the right to reject the investment and getting KYC validated / registered status is not a guarantee that your investment will be accepted.
Check your KYC status in a few simple steps:
- Enter your PAN on this webpage
- Tap on “Check status”
- Your KYC status will be fetched from CAMS KRA KYC service, explaining whether you're KYC complied to invest in Mutual Funds or if your KYC needs updating
Remember, to invest in Mutual Funds in India, having KYC compliance is essential. You can read more about the details of KYC status here
If you experience any issues with your KYC status, you can reach out to CAMS KRA for assistance. You can contact them toll-free at 18005726558 or send an email to enq_kyc@camskra.com
Officially valid documents (OVDs) are government-issued documents that can be accepted as proof of identity and address.
One of the following documents are acceptable as PoI and PoA:
- The passport.
- The driving license.
- Proof of possession of Aadhaar number.
- The Voter's Identity Card issued by the Election Commission of India.
- Job card issued by NREGA duly signed by an officer of the State Government.
- The letter issued by the National Population Register containing details of name and address.
- Or, any other document as notified by the Central Government in consultation with the Regulator.
If your document lacks an updated address, the following documents (or e-documents) are temporarily acceptable as proof of address. You must submit an officially valid document with your current address within three months:
- Utility bill (electricity, telephone, post-paid mobile, piped gas, water) dated within the last two months
- Property or municipal tax receipt
- Pension/family pension payment orders with address, issued by a government department or PSU
- Letter of allotment of accommodation from employer issued by state or central government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies and leave and license agreements with such employers allotting official accommodation
No, that wouldn't be needed. The investors whose KYC records are validated by the KRAs need not undergo the KYC process again when the investor approaches another intermediary in the securities market (portability of KYC records) since the intermediary can fetch the validated records/data from the KRA.
KYC for NRIs
For NRI / PIO, copy of passport / Persons of Indian Origin (PIO) Card / Overseas Citizenship of India (OCI) Card and overseas address proof are required.
As per the notification issued by the Income Tax Department, NRIs who do not have Aadhaar number are exempted from linking of PAN-Aadhaar provided they update their residential status as Non-Resident on the Income Tax portal.
No. NRIs who do not have Aadhaar are exempted from linking of PAN-Aadhaar only on updating their residential status as Non-Resident in the Income Tax portal.
Yes. The rules for digital KYC for NRIs are similar to that of domestic investors.
KYC for Minors
Yes. In case of investments in respect of a minor, the Parent/Legal Guardian who opens the account for the minor will have to complete the KYC.
For the KYC of a minor, the following documents are required:
- Guardian PAN & KYC.
- Guardian FATCA to be filled in the common application form.
- Relationship of the guardian (natural or legal guardian) with the minor.
- Minor Date of Birth Proof (Photocopy of the School Leaving Certificate/Mark sheet issued by Higher Secondary Board/Passport of Minor/BirthCertificate/PAN/document proving address and KYC documents for guardian are to be provided)
- Bank Details with Printed Name of Minor/Guardian
- Common Application Form
Yes, a minor needs a guardian to make investments in mutual funds. Further, a document proving the relationship between the minor and the guardian would need to be provided (Bank Details with Printed Name of Minor/Guardian)