Now, bank statement, electricity bill will not work as mutual fund KYC docs!
Market regulator SEBI has made changes in KYC documentation norms. The changes have come into effect from the beginning of the new financial year 2024-25 i.e. 1 April 2024. This will affect new and existing mutual fund investors. Which documents have been excluded from the KYC process and with the help of which documents you will now be able to get KYC done?