Along with application form of mutual fund scheme it is mandatory to distribute
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Documents Required To Buy a Mutual Fund
PAN with photograph.
Aadhaar.
Passport.
Voter's ID card.
Driving licence.
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Explanation:
A mutual fund is a collective investment scheme that takes money from several investors. An asset management company (AMC) duly licensed by the government invests the money on investor's behalf in securities or other financial assets.
Following documents are required if one has to invest in mutual Funds
- Copy of Competerised National Identity Card
- Account Opening Form/Purchase of Units Form
- Zakat Affidavit (Optional)
- KYC Form/ FATCA For
- Cheque/pay order/demand draft payable to the respective trustee (make sure to write cheque only in the favor of the respective trustee)
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