How-to KYC re-KYC Validated KYC

How to re-KYC for mutual funds (upgrade Registered to Validated)

From WebNotes, a public knowledge base. Last updated 19 May 2026. Reading time ~6 min.

Key facts

Time required	30 minutes for video KYC; one office visit for IPV
Cost	Free
Output	Validated KYC status; no transaction limits
Triggers	Crossing Rs 50k limit, address/document change, periodic refresh

Procedure

Determine your current KYC statusCheck status at any KRA portal or via how-to-check-kyc-status-cams-kfin. Registered means Aadhaar OTP eKYC (Rs 50k/AMC/FY limit). Validated means IPV or V-CIP (no limit).
Identify the triggerCommon triggers: (a) you’ve crossed the Rs 50k Aadhaar OTP limit at any AMC, (b) you want to invest a larger amount in a new AMC, (c) PAN or Aadhaar details changed, (d) Periodic refresh required by AMFI guidelines (5-year cycle).
Choose the route: video KYC or IPVVideo KYC (V-CIP): 30 minutes, remote, requires camera and stable internet. IPV: in-person at a CAMS/KFin/AMC centre with originals. Both upgrade Registered to Validated.
For video KYC: follow the V-CIP guideUse any AMC’s video KYC, MFU video KYC, or KRA video KYC (CAMSKRA, KFinKRA). See how-to-video-kyc-mf for the detailed steps.
For IPV: visit a service centreVisit any CAMS Service Centre, KFin Service Centre, or AMC investor service centre with original PAN and Aadhaar. See how-to-ipv-kyc-mf for the detailed steps.
Submit the documentsThe KRA’s records show your previous Registered KYC; you are upgrading rather than starting fresh. The portal or centre captures the new identity proofs and IPV/V-CIP confirmation.
Wait for processingVideo KYC processes in T+1 working day. IPV processes in 3-5 working days. Status changes from Registered to Validated at the KRA.
Verify cascadeCheck status at the KRA portal. Verify with one AMC that the new status is reflected. Existing folios may need separate folio-level confirmation; new investments are unblocked immediately.

Re-KYC means upgrading a Registered KYC (from Aadhaar OTP eKYC, with Rs 50,000 per AMC per FY limit) to a Validated KYC (full status, no limits). This is required when an investor outgrows the OTP-based onboarding limit or when refresh cycles trigger.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with any KRA, AMC, RTA, or service provider. No affiliate commission is earned from KYC services.

Step-by-step procedure

See the procedure infobox above.

Why Validated KYC matters

Aadhaar OTP eKYC is convenient but limited. The Rs 50,000 cap (per AMC per FY) is per AMC, not aggregate, so you can technically invest in many AMCs to scale up. But for serious investors with a single AMC of choice, the cap binds quickly.

Validated KYC removes all transaction-amount caps.

Periodic refresh requirement

AMFI’s Best Practice Guidelines on KYC periodic review suggest a refresh cycle of 5 years for low-risk investors, 2 years for medium-risk, and annual for high-risk (politically exposed persons, high-value investors). The refresh involves re-confirming address, identity, and current contact details.

For most retail investors, the 5-year cycle is the relevant one. Calendar a re-KYC every 5 years if you remain on Registered KYC.

What’s preserved vs reset

Item	Behaviour
KYC reference number	Preserved at KRA
Folio history	Preserved at all AMCs
Investment limit	Reset (no limit after Validated)
Cost basis records	Preserved at RTAs
SIP mandates	Preserved (no need to recreate)

Cascade timeline

Video KYC at KRA portal: T+1 working day to Validated status.
IPV at service centre: 3-5 working days.
AMC folio recognition: 1-2 working days after KRA update.

External references

References

SEBI Master Circular for KYC dated 12 October 2023 (SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2023/171).
SEBI (KYC Registration Agency) Regulations, 2011.
AMFI Best Practice Guidelines on periodic KYC refresh.
UIDAI Aadhaar limited eKYC (OTP) framework.

Reviewed and published by

WebNotes Editorial Team

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.

Last reviewed: 19 May 2026
Conflicts of interest: WebNotes is independent. No relationship with any broker, registrar or bank named in this article.