News From Press Inoperative PAN holders can now invest in mutual funds due to latest KYC rule changes

Inoperative PAN holders can now invest in mutual funds due to latest KYC rule changes

Source: ET May 29, 2024

There is good news for investors who were unable to invest in mutual funds because their PAN had become inoperative due to failure to link it with Aadhaar. The Securities and Exchange Board of India (Sebi) has amended the KYC guidelines on May 14, 2024, providing relief to such investors.

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