How-to correspondence address MF folio

How to update correspondence address on mutual fund folio

From WebNotes, a public knowledge base. Last updated 19 May 2026. Reading time ~3 min.

Key facts

Correspondence vs KYC address	KYC is permanent; correspondence is mailing address
Per folio basis	Each folio's correspondence address updated separately
Time	5-10 working days at AMC
Use case	Statement delivery; NRI Indian-correspondence

Correspondence address on MF folio is the mailing address for statements, distinct from KYC permanent address. Useful for NRIs with Indian-correspondence addresses or temporary residence.

Conflict-of-interest disclosure. This guide is published by webnotes.in for informational purposes. WebNotes has no commercial relationship with any AMC. No affiliate commission is earned.

Step-by-step procedure

See the procedure infobox above.

KYC address vs correspondence address

Aspect	KYC address	Correspondence address
Source	KRA-registered	Folio-specific
Scope	All AMCs	Per folio
Update	KRA modification	AMC modification
Use	Identity, regulatory	Mailing

NRI use case

NRI living abroad:

KYC address: foreign country.
Indian correspondence address: family member’s address for statement delivery.

Both can coexist on folio.

External references

References

SEBI (Mutual Funds) Regulations, 1996.
AMFI Best Practice Guidelines on folio management.

Published by

webnotes.in

webnotes.in 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. Revisions are tracked against the SEBI and NPCI rule changes referenced in the article.

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