News From Press Mutual fund KYC: The hurdles and how to overcome them

Mutual fund KYC: The hurdles and how to overcome them

Source: Moneycontrol Apr 27, 2024

On April 24, the five KYC Registration Agencies (KRAs) in the Indian Mutual Fund (MF) industry reported that nearly 73 percent of KYC (Know Your Customer) records are classified as ‘KYC validated’, 15 percent of KYC records as ‘KYC Registered’ and the balance 12 percent as ‘KYC On-Hold’.

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