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Existing KYC compliant Investors of Mutual Fund can continue to transact as per the current practice. However, existing investors are
urged to comply with new KYC requirements including IPA as mandated
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How to fill out existing kyc compliant investors

How to fill out existing kyc compliant investors
01
To fill out existing KYC compliant investors, follow the below steps:
02
Collect the necessary information from the investor, including their full name, contact details, and identification documents.
03
Verify the investor's identity using the provided identification documents.
04
Cross-check the investor's information with the database of KYC compliant investors.
05
If the investor is already KYC compliant, update their status in the system.
06
If the investor is not KYC compliant, follow the standard KYC process to make them compliant.
07
Fill out the necessary forms and documents with the updated information.
08
Submit the filled-out forms and documents to the relevant authority or department for further processing.
09
Keep a record of the updated KYC compliance status for future reference.
Who needs existing kyc compliant investors?
01
Various entities and organizations may need existing KYC compliant investors, including:
02
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- Businesses and companies conducting high-value transactions or dealing with sensitive information to establish trust and mitigate potential risks.
05
- Any entity looking to partner or collaborate with investors who have already undergone the KYC process for efficiency and security purposes.
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