KYC Verification
KYC status is checked against the investor's PAN on the KRA and CKYC records before onboarding. Where fresh KYC is required, it is completed through Aadhaar-based eKYC, CKYC or physical KYC. For physical KYC, original documents are verified, copies are attested and In-Person Verification (IPV) is carried out as per AMFI/KRA guidelines.
Mandatory Onboarding Documents
- PAN and valid KYC (KRA/CKYC verified).
- FATCA/CRS self-certification.
- Bank account proof (cancelled cheque or statement).
- Nomination — opt-in or written opt-out, as per SEBI mandate.
- Completed Risk Profiling Questionnaire with scoring.
- Risk Profile Declaration, Risk Disclosure and Commission Disclosure acknowledgement.
PMLA Compliance
Investors are risk-categorised as Low, Medium or High under the Prevention of Money Laundering Act, 2002 and the PML Rules, 2005. Screening against UNSC and MHA designated lists and PEP identification is carried out at onboarding and at periodic review. KYC and transaction records are retained for a minimum of 5 years after the end of the relationship or from the transaction date, as applicable. Any suspicious transaction is reported as per the PMLA framework.
Special Cases
Minor folios require guardian KYC and are tracked for date of majority. Joint holders' consent and mode of operation are documented. NRI investors are onboarded with NRE/NRO bank mapping and FATCA/CRS declarations; PIS is not required for mutual fund investments.
Need help?
Grievance Redressal Officer: Mr. Chandresh Rawka · 9829038832 · c.rawka@gmail.com