In case you are a New Investors with Tata 体育电竞 and wish to invest for the first time after 30th November 2012 and if you have completed your KYC formalities with CVL prior to 01st January 2012 i.e. as on the date of your investment with 体育电竞 , your KYC status on the CVL website
reflects as "MF - VERIFIED BY CVLMF" then you need to provide certain “missing /not available” KYC information” as and when you invest for the first time with Tata 体育电竞 .
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, 体育电竞 etc), you need not undergo the same process again when you approach another intermediary.
What is ‘missing KYC information’ that needs to be provided?
Pursuant to SEBI Circular no. MIRSD/Cir-5/2012, issued on April 13, 2012, all intermediaries are required to obtain ‘certain missing KYC information’ afresh as and when new clients intend to invest with the intermediary. This is the KYC information that has been prescribed by SEBI as part of minimum KYC requirements vide SEBI circular no MIRSD/SE/Cir-21/2011 dated 5th October 2011.
In case of Individuals are, details to be taken afresh are:
Gross Annual Income Or Net worth as on recent date
In-Person Verification (IPV)
In case of Non Individuals,
Is this requirement applicable to all investors, Existing and New?
The above requirement is mandatory if the investor is a New Investor to Tata mutual Fund and is investing the any of the schemes of Tata 体育电竞 after 30th November 2012.
Existing investors with Tata 体育电竞 who have completed the KYC formalities prior to 01st January 2012 may continue to transact.
Are there any exceptions?
If the New investor has already updated KYC information through some other intermediary (like Depository Participants, Portfolio Managers, Collective Income Schemes and Venture Capital Funds) to trade/invest/deal/open an account, such intermediary will obtain the missing information required to update KRA records and the KYC status by CVL KRA is updated as “Verified by CVL KRA”, there is no need to again update the information through Tata 体育电竞 . In such cases, customers may attach a KYC confirmation letter available from CVL-KRA website.
How to update the ‘missing KYC information’?
In case of Individuals, use the
KYC details change form
, in this form Section B as well as In Person Verification (IPV) is mandatory.
In case of Non Individuals, full KYC needs to be done afresh. Please
to download the form duly filled form can be submitted to any office of TATA 体育电竞 accompanied with purchase application form.