Know Your Customer (KYC) Becomes Mandatory for Mutual Funds

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KYC norms for investors in mutual funds in India have now become mandatory since 2011. While the regulators aim to ensure that illicit money is tracked and prevented to enter the financial markets, it has resulted in some discomfort within the investor community. This post aims to describe the elements around KYC and the procedure to get it done successfully with minimum discomfort.

Details shall follow shortly…

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