This policy sets out the steps we follow before accepting any investor, as required by the SEBI KYC framework, the Prevention of Money Laundering Act, 2002 and AMFI guidelines. No transaction is placed until every step is complete.
Onboarding Steps
Step | What we do | Record kept |
1 | Meet the investor, explain our role as a Mutual Fund Distributor and share the Welcome Letter. | Welcome Letter copy |
2 | Collect PAN, address proof, photograph, cancelled cheque and mobile/email. Verify originals in person (IPV) or through Aadhaar-based video KYC. | KYC form and document copies |
3 | Check KYC status on the KRA / CKYC portal. If not registered or on hold, complete or update KYC before proceeding. | KRA / CKYC status printout |
4 | Obtain FATCA/CRS self-declaration and Ultimate Beneficial Owner details (non-individuals). | Signed declarations |
5 | Record nomination (or opt-out), joint holding mode and bank mandate. | Nomination form / opt-out |
6 | Complete the Risk Profiling Questionnaire; explain the risk category to the investor. | Signed risk profile |
7 | Register the investor on the Stock Exchange platform; investor confirms through OTP or 2FA. | Platform registration confirmation |
8 | Hand over the Risk Profile Declaration, Risk Disclosure and Commission Disclosure; file the investor record. | Signed declaration; client file |
Rules We Do Not Break
- No transaction without valid KYC, PAN and FATCA declaration.
- No cash is accepted. Payments go only from the investor’s own bank account to the AMC or Stock Exchange clearing account.
- OTPs, passwords and login details are never asked for or stored by us.
- Politically Exposed Persons and high-risk investors are identified at onboarding and reviewed every year.
- Suspicious transactions are reported as required under PMLA.
- Investor records are kept confidential as per our Privacy Policy.