{"id":5126,"date":"2024-06-04T05:47:36","date_gmt":"2024-06-04T05:47:36","guid":{"rendered":"https:\/\/niveshpartner.com\/?p=5126"},"modified":"2024-07-19T05:38:36","modified_gmt":"2024-07-19T05:38:36","slug":"understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms","status":"publish","type":"post","link":"https:\/\/niveshpartner.com\/hi\/understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms\/","title":{"rendered":"\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u092e\u093e\u0928\u0926\u0902\u0921\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f \u0938\u0947\u092c\u0940 \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u092e\u0947\u0902 \u0939\u093e\u0932\u093f\u092f\u093e \u092c\u0926\u0932\u093e\u0935\u094b\u0902 \u0915\u094b \u0938\u092e\u091d\u0947"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"601\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1-1024x601.png\" alt=\"SEBI Guidelines\" class=\"wp-image-5135\" title=\"\" srcset=\"https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1-1024x601.png 1024w, https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1-300x176.png 300w, https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1-768x451.png 768w, https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1-18x12.png 18w, https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1-600x352.png 600w, https:\/\/niveshpartner.com\/wp-content\/uploads\/2024\/06\/Untitled-design-1-1-1.png 1079w\" \/><\/figure>\n\n\n\n<p>\u0928\u093f\u0935\u0947\u0936 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u0915\u0947 \u0932\u093f\u090f \u0938\u0947\u092c\u0940 \u0915\u0947 \u0928\u093f\u092f\u092e \u0932\u0917\u093e\u0924\u093e\u0930 \u0935\u093f\u0915\u0938\u093f\u0924 \u0939\u094b\u0924\u0947 \u0930\u0939\u0924\u0947 \u0939\u0948\u0902\u0964 \u0938\u0947\u092c\u0940 \u0915\u0947 \u0928\u090f \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936 \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f \u0938\u0916\u094d\u0924 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u092e\u093e\u0928\u0926\u0902\u0921 \u0905\u0928\u093f\u0935\u093e\u0930\u094d\u092f \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964 \u0911\u0928\u0932\u093e\u0907\u0928 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0914\u0930 \u0905\u092a\u0928\u0947 \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u094b \u0905\u092a\u0921\u0947\u091f \u0915\u0930\u0928\u0947 \u0915\u0947 \u091a\u0930\u0923\u094b\u0902 \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u091c\u093e\u0928\u0947\u0902\u0964 \u0907\u0928 \u0926\u093f\u0928\u094b\u0902 \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0928\u0949\u0930\u094d\u092e\u094d\u0938 \u0915\u0947 \u0932\u093f\u090f \u0938\u0947\u092c\u0940 \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u092c\u0939\u0941\u0924 \u0938\u093e\u0930\u0940 \u0916\u092c\u0930\u0947\u0902 \u0939\u0948\u0902, \u0932\u0947\u0915\u093f\u0928 \u0915\u094d\u092f\u093e \u0906\u092a \u091c\u093e\u0928\u0924\u0947 \u0939\u0948\u0902 \u0915\u093f \u092f\u0939 \u0915\u094d\u092f\u093e \u0939\u0948 \u0914\u0930 \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0928\u093f\u0935\u0947\u0936\u0915 \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u0906\u092a\u0915\u0947 \u0932\u093f\u090f \u0907\u0938\u0915\u093e \u0915\u094d\u092f\u093e \u092e\u0924\u0932\u092c \u0939\u0948? \u092a\u0922\u093c\u0924\u0947 \u0930\u0939\u093f\u092f\u0947\u2026<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/niveshpartner.com\/hi\/understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms\/#What_is_Mutual_Fund_KYC\" >\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u094d\u092f\u093e \u0939\u0948?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/niveshpartner.com\/hi\/understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms\/#Why_is_KYC_required\" >\u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0915\u094d\u092f\u094b\u0902 \u0939\u0948?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/niveshpartner.com\/hi\/understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms\/#Whats_happened_recently_with_KYC_Updates_and_SEBI_Guidelines\" >\u0939\u093e\u0932 \u0939\u0940 \u092e\u0947\u0902 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0905\u092a\u0921\u0947\u091f \u0914\u0930 \u0938\u0947\u092c\u0940 \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u0915\u0947 \u0938\u093e\u0925 \u0915\u094d\u092f\u093e \u0939\u0941\u0906 \u0939\u0948?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/niveshpartner.com\/hi\/understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms\/#Key_Challenges_faced_by_MFDs_in_KYC_for_Mutual_Funds\" >\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947 \u0932\u093f\u090f \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u092e\u0947\u0902 \u090f\u092e\u090f\u092b\u0921\u0940 \u0926\u094d\u0935\u093e\u0930\u093e \u0938\u093e\u092e\u0928\u093e \u0915\u0940 \u091c\u093e\u0928\u0947 \u0935\u093e\u0932\u0940 \u092a\u094d\u0930\u092e\u0941\u0916 \u091a\u0941\u0928\u094c\u0924\u093f\u092f\u093e\u0901<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/niveshpartner.com\/hi\/understanding-recent-changes-in-sebi-guidelines-for-mutual-fund-kyc-norms\/#How_did_Nivesh_help_with_KYC_norms\" >How did Nivesh help with KYC norms?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Mutual_Fund_KYC\"><\/span><strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u094d\u092f\u093e \u0939\u0948?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>KYC stands for \u201cKnow Your Client\u201d and is widely prevalent in the financial services industry. Simply put, mutual fund KYC helps accurately identify the individual(s) who are involved in a financial transaction, like buying or selling mutual funds.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_KYC_required\"><\/span><strong>\u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0915\u094d\u092f\u094b\u0902 \u0939\u0948?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u092f\u0939 \u092e\u0941\u0916\u094d\u092f \u0930\u0942\u092a \u0938\u0947 \u0926\u094b \u0915\u093e\u0930\u0923\u094b\u0902 \u0938\u0947 \u0906\u0935\u0936\u094d\u092f\u0915 \u0939\u0948:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\u092f\u0939 \u0935\u094d\u092f\u0915\u094d\u0924\u093f\u0917\u0924 \u092e\u093e\u0932\u093f\u0915\u094b\u0902 \u0915\u0947 \u0938\u093e\u0925 \u0927\u0928 \u0915\u094b \u091c\u094b\u0921\u093c\u0915\u0930 \u0905\u0935\u0948\u0927 \u0930\u0942\u092a \u0938\u0947 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0927\u0928 \u0915\u094b \u0938\u093f\u0938\u094d\u091f\u092e \u092e\u0947\u0902 \u0906\u0928\u0947 \u0938\u0947 \u0930\u094b\u0915\u0924\u093e \u0939\u0948\u0964<\/li>\n\n\n\n<li>\u092f\u0939 \u092a\u0939\u091a\u093e\u0928 \u0915\u0940 \u091a\u094b\u0930\u0940 \u0915\u0947 \u091c\u094b\u0916\u093f\u092e \u0915\u094b \u0915\u092e \u0915\u0930\u0928\u0947 \u092e\u0947\u0902 \u092e\u0926\u0926 \u0915\u0930\u0924\u093e \u0939\u0948 \u0914\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u0940 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u0938\u0941\u0928\u093f\u0936\u094d\u091a\u093f\u0924 \u0915\u0930\u0924\u093e \u0939\u0948\u0964<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Whats_happened_recently_with_KYC_Updates_and_SEBI_Guidelines\"><\/span><strong>\u0939\u093e\u0932 \u0939\u0940 \u092e\u0947\u0902 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0905\u092a\u0921\u0947\u091f \u0914\u0930 \u0938\u0947\u092c\u0940 \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u0915\u0947 \u0938\u093e\u0925 \u0915\u094d\u092f\u093e \u0939\u0941\u0906 \u0939\u0948?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u092f\u0939 \u0938\u0941\u0928\u093f\u0936\u094d\u091a\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0915\u093f \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0909\u0926\u094d\u0926\u0947\u0936\u094d\u092f\u094b\u0902 \u0915\u094b \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u093f\u092f\u093e \u091c\u093e\u090f, \u0938\u0947\u092c\u0940 \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u0928\u0947 \u0928\u090f \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0905\u092a\u0921\u0947\u091f \u092a\u0947\u0936 \u0915\u093f\u090f \u0939\u0948\u0902\u0964 \u0938\u0947\u092c\u0940 \u0915\u0947 \u0907\u0928 \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u0928\u0947 \u0928\u090f \u0914\u0930 \u092e\u094c\u091c\u0942\u0926\u093e \u0926\u094b\u0928\u094b\u0902 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u0947 \u0932\u093f\u090f 1 \u0905\u092a\u094d\u0930\u0948\u0932, 2024 \u0938\u0947 \u0928\u093f\u092e\u094d\u0928\u0932\u093f\u0916\u093f\u0924 \u0938\u0924\u094d\u092f\u093e\u092a\u0928 \u0905\u0928\u093f\u0935\u093e\u0930\u094d\u092f \u0915\u0930 \u0926\u093f\u092f\u093e \u0939\u0948:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>name should be as per Income Tax records.<\/li>\n\n\n\n<li>address should be validated via AADHAAR (Digilocker based\/ XML-based, or via UIDAI).<\/li>\n\n\n\n<li>mobile number and email address of the investor should be validated.<\/li>\n<\/ul>\n\n\n\n<p>\u0907\u0938 \u092a\u0930\u093f\u0935\u0930\u094d\u0924\u0928 \u0915\u0947 \u092a\u094d\u0930\u092d\u093e\u0935 \u0915\u094b \u0928\u0940\u091a\u0947 \u0926\u0940 \u0917\u0908 \u0924\u093e\u0932\u093f\u0915\u093e \u092e\u0947\u0902 \u0938\u0902\u0915\u094d\u0937\u0947\u092a\u093f\u0924 \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td><strong>KYC Status<\/strong><\/td><td><strong>Investment<\/strong><\/td><\/tr><tr><td>All Validations Pass<\/td><td>Validated<\/td><td>Can invest in any AMC<\/td><\/tr><tr><td>Non Aadhaar Address proof given at the time of KYC<\/td><td>Registered<\/td><td>Can only invest in AMCs where they have investments. Redemption allowed<\/td><\/tr><tr><td>PAN\/Aadhar not linked<\/td><td>Registered<\/td><td>Can only invest in AMCs where they have investments. Redemption allowed<\/td><\/tr><tr><td>Either of Mobile or email is verified&nbsp;<\/td><td>Registered<\/td><td>Can only invest in AMCs where they have investments. Redemption allowed<\/td><\/tr><tr><td>For NRIs&nbsp;-Non Aadhaar Address proof given at the time of KYC-PAN\/Aadhar not linked-Either of Mobile or email is verified&nbsp;<br><\/td><td>Registered<\/td><td>Can invest in any AMC<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>* \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0915\u094b \u0938\u0902\u0936\u094b\u0927\u093f\u0924 \u0915\u0930\u0915\u0947, \u092a\u0924\u0947 \u0915\u0947 \u092a\u094d\u0930\u092e\u093e\u0923 \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u0906\u0927\u093e\u0930 \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0915\u0947, \u092a\u0948\u0928\/\u0906\u0927\u093e\u0930 \u0932\u093f\u0902\u0915\u093f\u0902\u0917 \u0915\u0930\u0935\u093e\u0915\u0930 \u0914\u0930 \u0915\u093f\u0938\u0940 \u092d\u0940 \u090f\u090f\u092e\u0938\u0940 \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0938\u0939\u0940 \u092e\u094b\u092c\u093e\u0907\u0932 \u0914\u0930 \u0908\u092e\u0947\u0932 \u091c\u093e\u0928\u0915\u093e\u0930\u0940 \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0915\u0947 \u0938\u092d\u0940 \u0906\u0935\u0936\u094d\u092f\u0915 \u092e\u093e\u0928\u094d\u092f\u0924\u093e\u0913\u0902 \u0915\u094b \u092a\u0942\u0930\u093e \u0915\u0930\u0928\u0947 \u0915\u0940 \u0938\u093f\u092b\u093e\u0930\u093f\u0936 \u0915\u0940 \u091c\u093e\u0924\u0940 \u0939\u0948\u0964<\/em><\/p>\n\n\n\n<p>25 \u0905\u092a\u094d\u0930\u0948\u0932, 2024 \u0915\u094b \u0915\u0947\u0906\u0930\u090f \u0915\u0940 \u090f\u0915 \u092a\u094d\u0930\u0947\u0938 \u0935\u093f\u091c\u094d\u091e\u092a\u094d\u0924\u093f \u092e\u0947\u0902 \u0907\u0938 \u092a\u0930 \u092a\u094d\u0930\u0915\u093e\u0936 \u0921\u093e\u0932\u093e \u0917\u092f\u093e&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>73% of KYC records are &#8220;validated.&#8221;&nbsp;<\/li>\n\n\n\n<li>15% \"\u092a\u0902\u091c\u0940\u0915\u0943\u0924\" \u0939\u0948\u0902, \u0914\u0930&nbsp;<\/li>\n\n\n\n<li>remaining 12% are &#8220;On-Hold.&#8221;&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>\u092f\u0947 \u0906\u0901\u0915\u0921\u093c\u0947 \u0938\u0902\u0915\u094d\u0930\u092e\u0923 \u0915\u0947 \u092a\u0948\u092e\u093e\u0928\u0947 \u0914\u0930 \u090f\u0915 \u0938\u0941\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093f\u0924 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0915\u094b \u0930\u0947\u0916\u093e\u0902\u0915\u093f\u0924 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Challenges_faced_by_MFDs_in_KYC_for_Mutual_Funds\"><\/span><strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947 \u0932\u093f\u090f \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u092e\u0947\u0902 \u090f\u092e\u090f\u092b\u0921\u0940 \u0926\u094d\u0935\u093e\u0930\u093e \u0938\u093e\u092e\u0928\u093e \u0915\u0940 \u091c\u093e\u0928\u0947 \u0935\u093e\u0932\u0940 \u092a\u094d\u0930\u092e\u0941\u0916 \u091a\u0941\u0928\u094c\u0924\u093f\u092f\u093e\u0901<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\u0905\u092a\u0928\u0947 \u0938\u092d\u0940 \u0917\u094d\u0930\u093e\u0939\u0915\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f \u0928\u0935\u0940\u0928\u0924\u092e \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0938\u094d\u0925\u093f\u0924\u093f \u0924\u0915 \u092a\u0939\u0941\u0902\u091a: \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947 \u0932\u093f\u090f \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0938\u094d\u0925\u093f\u0924\u093f \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930\u0928\u0947 \u0915\u093e \u090f\u0915\u092e\u093e\u0924\u094d\u0930 \u0924\u0930\u0940\u0915\u093e \u0915\u0947\u0906\u0930\u090f \u0935\u0947\u092c\u0938\u093e\u0907\u091f\u094b\u0902 \u092a\u0930 \u091c\u093e\u0928\u093e \u0939\u0948\u0964 \u0939\u093e\u0932\u093e\u0901\u0915\u093f, \u092a\u094d\u0930\u0924\u094d\u092f\u0947\u0915 \u0917\u094d\u0930\u093e\u0939\u0915 \u0915\u0947 \u0932\u093f\u090f \u0938\u091f\u0940\u0915, \u0905\u0926\u094d\u092f\u0924\u0928 \u091c\u093e\u0928\u0915\u093e\u0930\u0940 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0915\u0947 \u0932\u093f\u090f \u0915\u0947\u0935\u093e\u0908\u0938\u0940 \u0938\u094d\u0925\u093f\u0924\u093f \u0915\u0940 \u0915\u0908 \u092c\u093e\u0930 \u091c\u093e\u0901\u091a \u0915\u0930\u0928\u093e \u090f\u0915 \u092e\u0939\u0924\u094d\u0935\u092a\u0942\u0930\u094d\u0923 \u0915\u093e\u0930\u094d\u092f \u0939\u0948\u0964<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li>\u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936\u094b\u0902 \u092e\u0947\u0902 \u0938\u094d\u092a\u0937\u094d\u091f\u0924\u093e \u0915\u093e \u0905\u092d\u093e\u0935: \u092f\u0939 \u090f\u0915 \u0928\u093f\u092f\u092e\u093f\u0924 \u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0915\u0947 \u0932\u093f\u090f \u0915\u0920\u093f\u0928 \u0925\u093e <a href=\"https:\/\/niveshpartner.com\/hi\/elevate-your-mf-distribution-business\/\" data-type=\"link\" data-id=\"https:\/\/niveshpartner.com\/elevate-your-mf-distribution-business\/\">\u090f\u092e\u090f\u092b\u0921\u0940<\/a> to understand why a particular investor has a particular KYC status and the appropriate remedy for it. This resulted in failed transactions, causing a bit of panic among MFDs and investors.<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"3\">\n<li>KYC modification is not simple: Offline KYC processes are laborious, time-consuming and error-prone. Limited access to online modification platforms further delays compliance efforts.<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"4\">\n<li>Complexities for NRIs: Implementing KYC norms for non-resident Indians (NRIs) presents unique challenges, especially regarding Aadhaar authentication. Requiring the investor to perform KYC for every transaction puts a considerable burden on the entire investment process. SEBI&#8217;s recent circular addressing NRI concerns by extending compliance deadlines shows a proactive approach.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_did_Nivesh_help_with_KYC_norms\"><\/span><strong>How did Nivesh help with KYC norms?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Digital-first processes:<\/strong> We had adopted a Digilocker-based KYC process way back in 2022. Using Aadhaar for verification ensured most of our clients had \u201cvalidated\u201d KYC status, minimising the impact of the new guidelines.<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li><strong>KYC Modification:<\/strong> We introduced a completely online KYC modification process to ensure our partners and clients do not have to face the burden of compliance and can complete their mutual fund KYC in a timely and efficient manner.<\/li>\n<\/ol>\n\n\n\n<ol class=\"wp-block-list\" start=\"3\">\n<li><strong>Dedicated Helpdesk:<\/strong> We created a dedicated KYC helpdesk to address partners&#8217; concerns and queries. Our team offered continuous guidance and support in understanding and adhering to the changing SEBI rules and regulations.<\/li>\n<\/ol>\n\n\n\n<p>Over 2000 <a title=\"\" href=\"https:\/\/en.wikipedia.org\/wiki\/Know_your_customer\" target=\"_blank\" rel=\"noopener\">KYC<\/a> modifications executed and assistance provided to 500+ distributor partners demonstrate Nivesh&#8217;s commitment towards our partners and clients for a seamless digital experience.<\/p>\n\n\n\n<p>Our opinion is that the KYC norms are a step in the right direction towards investor protection. With the right mindset and digital processes in place, we strongly believe we can help the industry (AMCs, distributor partners, and investors) overcome the challenges and contribute to its exponential growth through efficient online KYC for mutual funds.<\/p>\n\n\n\n<p>If you have any concerns or questions about the KYC process and how it affects your investments, please feel free to reach out to us at 7290029205 or distributorsupport@gmail.com . We would be glad to have the opportunity to serve you.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0928\u093f\u0935\u0947\u0936 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u0915\u0947 \u0932\u093f\u090f \u0938\u0947\u092c\u0940 \u0915\u0947 \u0928\u093f\u092f\u092e \u0932\u0917\u093e\u0924\u093e\u0930 \u0935\u093f\u0915\u0938\u093f\u0924 \u0939\u094b\u0924\u0947 \u0930\u0939\u0924\u0947 \u0939\u0948\u0902\u0964 \u0938\u0947\u092c\u0940 \u0915\u0947 \u0928\u090f \u0926\u093f\u0936\u093e\u0928\u093f\u0930\u094d\u0926\u0947\u0936 \u0905\u0928\u093f\u0935\u093e\u0930\u094d\u092f... <\/p>","protected":false},"author":3,"featured_media":5133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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