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New mutual fund KYC rules: Is your KYC validated, verified, registered or on hold? Find out
Credit: IndiaTimes- Published on April 24, 2024
New KYC regulations for mutual funds introduced on April 1, 2024, impact investor access to schemes. Understanding KYC status is crucial. Different statuses like Validated, Registered/Verified, and On Hold have specific implications, requiring investors to follow necessary processes for hassle-free investments.
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