Mutual Fund KYC - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/mutual-fund-kyc/ Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Mon, 21 Jul 2025 05:46:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png Mutual Fund KYC - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/mutual-fund-kyc/ 32 32 New Rules Allow You to Complete Mutual Fund KYC at Post Offices https://newsmantra.in/new-rules-allow-you-to-complete-mutual-fund-kyc-at-post-offices/ https://newsmantra.in/new-rules-allow-you-to-complete-mutual-fund-kyc-at-post-offices/#respond Mon, 21 Jul 2025 05:45:40 +0000 https://newsmantra.in/?p=66153 The Department of Posts (DoP), and the Association of Mutual Funds in India (AMFI) have hit a historic milestone by signing a pathbreaking MoU recently in Mumbai to streamline KYC (Know Your Customer) verification for approximately 24.13 crore mutual fund folios, including 19.04 crore in Equity, Hybrid, and Solution-Oriented Schemes,...

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]]> The Department of Posts (DoP), and the Association of Mutual Funds in India (AMFI) have hit a historic milestone by signing a pathbreaking MoU recently in Mumbai to streamline KYC (Know Your Customer) verification for approximately 24.13 crore mutual fund folios, including 19.04 crore in Equity, Hybrid, and Solution-Oriented Schemes, as per AMFI data for June 30, 2025.)  MoU to offer KYC verification and document collection services through its 1.64 lakh+ post offices, ensuring smooth compliance for mutual fund investors.”

With an impressive year-over-year investor addition trend of approximately 4 million new investors in FY23, 6.9 million in FY24, and 9.7 million in FY25, this landmark agreement will benefit.

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