ICICI Mutual Fund investment mandates the KYC process. KYC is nothing but Know Your Customer for which is an identification process of the customer. You need to complete your KYC only once to invest in ICICI mutual fund. This process is called CKYC or Central KYC. You need to submit ICICI mutual fund KYC form to regulate your investment. After that ICICI Mutual Fund KYC form will be verified. Then ICICI mutual fund KYC form will be updated and you can check the status of ICICI mutual fund KYC online.
ICICI Mutual Fund KYC is suitable for transactions like- New SIP, Fresh investment, New STP, additional investment and switch investments.
Eligibility for ICICI Mutual Fund
- Banking and financial institutions
- Adult citizens residing in India.
- Religious and charitable trusts.
- Limited liability partnership.
- Minor through legal guardians/parents.
- Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for a subscription either on a repatriation basis or on the non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
- Foreign Institutional Investors (FIIs) who have a registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
- Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
- The Karta of Hindu Undivided Family (HUF)
- Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations
- Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
Documents required for ICICI mutual fund KYC
- Fully filled KYC form
- Passport Size Photo
- Adhaar Card
- Pan Card
- Voter’s ID
- Acknowledgment receipt for ICICI mutual fund KYC form
Why ICICI mutual fund KYC is important?
ICICI mutual fund KYC online helps in customer identification and avoid any case of fraud. Our government helps are coming up with new innovative ways to complete KYC formalities. If you are a new investor then you need to submit ICICI mutual fund KYC form along with the investment form. And if you are an existing customer, you need have to fillup ICICI mutual KYC form.
To save time you can check ICICI mutual fund KYC online. ICICI provides KYC form for both individuals as well as non-individuals. If you have initiated or close any investments of ICICI mutual fund, you can check online for ICICI mutual fund KYC status.
