MF investors get KYC relief as Sebi withdraws PAN-Aadhaar link norm

May 16, 2024

The Securities and Exchange Board of India (Sebi), in a circular on May 14, removed the requirement for investors to link the permanent account number (PAN) with Aadhaar to obtain the ‘KYC registered’ status for mutual fund transactions. This means all investors can continue putting money into mutual funds without putting up additional documents for the time being.

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