“New” KYC Norms

POSTED BY Bond Bhai ON December 7, 2012 9:19 pm COMMENTS (4)

I keep reading that the SEBI has come out with new norms KYC. What is it all about? How does it affect us as investors, who have been investing in stocks/MFs for sometime now? Do we need to do anything like submitting forms “in person” and such? Any ideas?

4 replies on this article ““New” KYC Norms”

  1. Do a search for
    “Done your KYC to invest in funds? Do it again in person”

    The livemint article will give you all the answers

  2. Pratibha says:

    In our case, status is shown as below even though we did not submit any doc in the very recent time that I am aware of…


  3. Yes, You need to submit an annexure (likely 1 in your case) where you need to update your kYC with annual income or net worth and a few other details.

    Search for a one mint article on this Monika Halan

  4. Bond Bhai says:

    Also, Just to let you know – My status shows as “OLD RECORD SUBMITTED”. Not sure what it means!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.