KYC

Modified on Fri, 07 Dec 2018 at 12:12 PM

KYC is an acronym for 'Know your Client', a term commonly used for Client Identification Process prescribed by SEBI for financial intermediaries to 'know' their clients. With effect from January 1, 2012, Centralized KYC registration process through SEBI Registered KYC Registration Agencies (KRAs) has been implemented. With this each investor has to undergo KYC process only once in the securities market and the details would be shared with other intermediaries by the KRAs. 

 

Investors who have an equity trading account do not need a separate KYC and can invest in mutual funds using their Arihant trading account.


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons

Feedback sent

We appreciate your effort and will try to fix the article