MF News Aadhaar linkage extension applicable to mutual funds as well: AMFI

Aadhaar linkage extension applicable to mutual funds as well: AMFI

Your clients will have three more months to link Aadhaar details with their mutual fund folios.

Nishant Patnaik Dec 14, 2017

There is some good news for the industry. The recent extension of deadline on Aadhaar linkage is applicable to mutual funds as well.

Yesterday, government has extended the deadline to link Aadhaar with bank accounts from December 31, 2017 to March 31, 2018.

NS Venkatesh, CEO, AMFI has confirmed to Cafemutual that the circular is applicable for the mutual funds industry. This means your clients will have three more months to link Aadhaar details with the mutual fund folios.

You can help your clients link their Aadhaar number with mutual fund folios through R&T agents such as CAMS, Karvy, Sundaram BNP Paribas Fund Services and Franklin Templeton.

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2 Comments

LOGANATHAN S · 6 years ago `

Some relief for us to get aadhar linked with MF folios from the investors. We need not hurry up our investors to link their MF folios. At the same time, the advisers must see that their investors get their MF folios linked and help them.

JHA KUMARDEEP VIJAY · 6 years ago `

Pls update

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