Question

what is the longform of ckyc

Answer 1

Along with the CKYC form, photocopies of documents have to be physically verified and attested, and an in-person verification of the investor has to be done. CKYC can be done through a mutual fund distributor, or the investor will have to visit the office of a mutual fund or a registrar. In case of NRI applicants, a person is authorised to attest the documents, and he may also conduct the in-person verification and confirm this in the KYC form.

Do existing mutual fund investors have to do anything?
As of now, existing investors in mutual funds who are KYC compliant can continue investing in mutual funds. No updation is required from their end.

Answer 2

Explanation:

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