The investor can track his/her multiple investments in different mutual fund schemes through a Consolidated Statement available in the software available at our branches. This statement provides a consolidated view of all the investments of an investor in securities held in demat form with the Depositories as well as in Statement of Account (SOA) form with Mutual Funds (MF) houses.

Investors have to provide the bank details of the sole/first holder of the folio in the application form. This includes the name of the bank where the account is held, the branch and the city, the account number, type of account (current, savings, NRO, NRE, FCNR and others), MICR code and IFSC code. These bank account details are required for crediting dividends and redemption proceeds into the bank account.

Permanent Account Number (PAN) Card with photograph as a proof of identity is mandatory for all applicants except those who are specifically exempt from obtaining PAN. For proof of address, passport, Voter’s Id, Ration card, Driving License, bank account statement, utility bill etc. serve the purpose. These documents need to be submitted to the distributor or stock broker or depository participant who is buying the mutual fund for the investor.

To invest in Mutual Funds, the investor has to submit the following documents:

1) KYC (Know Your Customer) documents

2) Application Form

3) Required investment amount

All investors, both individual and non-individual, have to be KYC (Know Your Customer) compliant. The KYC process involves establishing:

a) Identity, and 

b) Address of the investor as this is mandated under the Anti-Money Laundering Laws.