How-to client KYC distributor

How to do client KYC as MF distributor

From WebNotes, a public knowledge base. Last updated . Reading time ~3 min.

Client KYC by distributor is the foundational onboarding step. KRA system + IPV are mandatory; Aadhaar OTP shortcuts apply within limits.

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Step-by-step procedure

See the procedure infobox above for the six steps.

See also

External references

References

  1. SEBI Master Circular on KYC, October 2023.
  2. SEBI (Mutual Funds) Regulations, 1996.
  3. AMFI Best Practice Guidelines on KYC and IPV.

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The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

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