How to complete e-KYC for mutual funds via Aadhaar OTP

Mon, 18 May 2026 00:00:00 +0000

Aadhaar OTP-based e-KYC is the dominant onboarding mechanism for first-time mutual fund investors in India. Under the KYC Registration Agency (KRA) framework operationalised by SEBI, a single Aadhaar-OTP e-KYC verification serves the investor across all SEBI-registered AMCs and distributors. The Aadhaar OTP route is faster than video KYC , simpler than in-person verification, and requires no physical documents beyond the Aadhaar number and an Aadhaar-linked mobile.

The Aadhaar OTP e-KYC route has limits: under SEBI rules, an investor verified through Aadhaar OTP alone (without supplementary biometric verification) is restricted to investments of up to Rs 50,000 per AMC per financial year. For investments above this threshold, the investor must upgrade to full KYC through video KYC , in-person verification, or Aadhaar biometric verification. This article walks through the Aadhaar OTP e-KYC flow end-to-end, with the upgrade paths covered toward the end.

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How to complete e-KYC for mutual funds via Aadhaar OTP