Is KYC required for a joint holder for investing in Mutual Funds?
Joint holding has to be specified at the time of investment
Is KYC required for a joint holder for investing in Mutual Funds?
Alexander D Almeida
Yes, all joint holders are required to comply with the KYC guidelines. Joint holding has to be specified at the time of investment.
Further, you must also specify the mode of holding. You can choose between the following options: