Here we tell you everything you need to know about the KYC procedure before you start investing in mutual funds
Know your customer or KYC is a process used to identify the customer. KYC is a prerequisite to investing in mutual funds. It is a basic requirement that needs to be fulfilled for investing in mutual funds. KYC is a one-time process and is valid across mutual fund companies. So even if you're investing across two to three fund houses, going through the process once is enough. Here are some of the documents that are generally needed.
This article was originally published on June 15, 2022.
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