Mutual Funds: How can UU check KYC status and update it? Step-by-step directory

Mutual funds: Before investing in a mutual fund, it is essential to keep your KYC up to date. Before UU KYC updates, it is important to check its status first. You can check it on the website of any AMC or RTA by entering your pan. Your KYC status will be displayed as ‘validated’, ‘registered’, ‘on hold’ or ‘reject’. KYC status: Step-by-step guide 1. Visit any mutual fund or RTA’s website where you have an investment. 2. Look for the KYC status link and you can enter your 10-digit pan (permanent account number). 4. Your KYC status will be displayed as ratified/registered/hold/reject. I. KYC ratified as soon as it is ratified, you do not have to take any action. You can do any transaction in any mutual fund at any time. Ii. KYC Registered You can continue to make transactions in all your existing investments in the mutual fund without any hassle. But if you want to invest in a mutual fund where you do not already have an investment, you will have to do KYC again. You can then change your KYC status to KYC by doing the KYC update/KYC modification process using Pan and Aadhaar of XML, Digi-Locker or M Caadhair. Iii. KYC indicated the KYC status on the Mutual Fund/RTA website on HOLD/Actored the reason for this status: It may be that the cellphone number or e -mail address is not ratified/The pan is not connected to Aadhaar, or there is a shortage in the KYC documents. So, all you have to do is follow the steps on the Mutual Fund’s website. Once the status has changed to ‘registered/ratified’, you will be set to move on. In addition, you can visit the website Association of Mutual Funds in India (AMFI) to access the EkyC modification page of 43 AMCs, including HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund and Mirae Asset Mutual Fund. For amendment in KYC, you can check the Amfi link here to make the required amendment in ECYC. Visit here for all updates for personal finance