Comply with the new KYC norms to buy mutual funds

Investors, whose status is displayed as ‘on hold’, will either need to submit the additional documents or will need to go for a new KYC.  Starting November, if you are a new mutual......

Verifying Sahara investors: Karvy, CAMS are keen

At least four entities -- Karvy, CAMS, NSDL and CDSL -- have evinced interest in bidding for the job of verifying genuineness of about 3 crore (30 million) investors in high-profile Sahara case on......

PAN-like number to be must for MF investors

Come 2007, individuals as well as corporates investing Rs 50,000 and more in single mutual fund scheme would be required to apply for mutual fund investors number, as prescribed by the know your......

MIN is more pain than gain

"Tell me, why should I prove my identity again and again. Where I stay, what's my income and where I invest?" asks an agitated Ameya Mehta while coming out of a Churchgate-based point of service......