How to update correspondence address on mutual fund folio
From WebNotes, a public knowledge base.
Last updated . Reading time ~3 min.
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 Editorial Team 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.
Step-by-step explanation of how Securities Transaction Tax (STT) is applied on mutual fund redemption. Covers equity-MF STT rate, the impact …
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
Conflicts of interest
WebNotes is independent. No relationship with any broker, registrar or bank named in this article.