News From Press NRI KYC for mutual funds: How NRIs can continue investing in mutual fund schemes

NRI KYC for mutual funds: How NRIs can continue investing in mutual fund schemes

Source: ET Wealth Jun 12, 2024

The Securities and Exchange Board of India (Sebi) has relaxed certain KYC rules so that non-resident investors (NRI) with "KYC Registered" status can continue to easily invest in new mutual fund schemes till April 30, 2025. The relaxation was given via an internal communication sent to KYC registration agencies (KRAs).

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