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All about KYC

By Nivesh Gyan   22 February

Category: General

What is KYC? KYC stands for Know Your Customer. It means verifying the identity of the client with the mutual fund companies. According to the Prevention of Money Laundering Act, 2002 (PMLA), Asset Management Companies (AMCs) are required to formulate rules and implement a customer identification programme. Is KYC mandatory for investing in mutual funds? […]

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