Mutual funds and intermediaries are required to formulate and implement a customer identification program as well as verify and maintain records of the identity and address(es) of investors in accordance with the Prevention of Money laundering Act, 2002 (‘PMLA’), the rules issued there under from time to time and the guidelines/circulars issued by SEBI.

Documents required to be submitted:

Proof of identity
Proof of address
Passport Size Photograph

 

LIST OF DOCUMENTS

Prescribed Documents (PAN Mandatory)
 

FOR INDIVIDUAL INVESTORS

Proof of Identity:

  • Photo PAN CardIn case of Non Photo PAN Card in addition to copy of PAN Card any one of the following :
  • Driving License /Passport copy / Voter ID / Bank Photo Pass Book.

 

Proof of Address (any one of the following):

  • Latest Telephone Bill: Landline/Mobile (not more than 3 months prior to the date of application).
  • Latest Electricity Bill (not more than 3 months prior to the date of application).
  • Passport copy
  • Latest Bank Passbook/Banjk Account Statement (not more than 3 months prior to the date of application) .
  • Latest Demat Account statement (not more than 3 months prior to the date of application).
  • Voter ID.
  • Driving License.
  • Ration Card.
  • Rent Agreement.

 

FOR HUF

Units can only be held in the name of Karta on behalf of the HUF

 

Proof of Identity (any one of the following):

  • Copy of PAN Card of the HUF.

 

Proof of address (HUF)

  • Latest Bank Passbook (not more than 3 months prior to the date of application).
  • Bank account statement (not more than 3 months prior to the date of application). Alternately, any of the documents listed for proof of address for an individual can be provided by the karta.

 

NON INDIVIDUALS (PAN Mandatory) COMPANIES / BODIES CORPORATE (Certified copy of the following):

  • Certificate of incorporation.
  • Memorandum & Articles of Association.
  • Resolution of the Board of Directors authorizing investment in mutual funds.
  • Power of Attorney granted to its managers, officers or employees to transact business on its behalf (Authorised Signatories List).

 

PARTNERSHIP FIRMS (Certified copy of the following):

  • Certificates of Registration, in case of registered Partnership Firms.
  • Any other officially valid documents in respect of holding a power of attorney to transact (Authorised Signatories List and resolution / authority to invest).

 

TRUSTS, FOUNDATIONS, NGO’s, CHARITABLE BODIES, CLUBS (Certified copy of the following):

  • Certificate of Registration, in case of registered Trusts.
  • Any other valid documents in respect of holding a power of attorney to transact (Authorised Signatories List and resolution / authority to invest) and resolution / authority to invest).
  • Offer Document of the Mutual Fund Scheme.