Searched for
KYC REGULATIONS FOR MINORS
Sebi unveils simpler rules for mutual fund transmission claimsMutual fund unit transmission is now simpler for nominees and joint holders. Asset management companies will rely on the latest address wit...- Sebi plans to ease KYC rules for FPIs, offer more clarity to global capitalIndia’s financial watchdog, Sebi, is gearing up to make the investment terrain more inviting for foreign investors by reforming the Know Yo...
- Investment Guide: Here's how you can buy MFs in your child’s nameMutual fund investments can be made in a minor's name, managed by a parent or legal guardian until the child turns 18. Upon reaching majori...
- Mutual Fund investments for children: Key advantages and risksWith rising education costs, parents are increasingly investing in mutual funds for their children. Investments can be made in a minor's na...
- NCPCR seeks action from govt against Ullu App for distributing "obscene, objectionable" materialThe National Commission for Protection of Child Rights has raised concerns about an app disseminating explicit and objectionable material t...
- How to invest in bank FD and RD in the name of minor childA parent can open a bank account in the name of their minor son or daughter in order to invest in fixed deposits (FD), recurring deposits (...
- Can you invest in a mutual fund in a child’s name?The child shall be the first and sole holder in such a folio. No joint holder will be allowed in this folio. The guardian in the folio can ...
- Bank account suspended due to not updating KYC details? How to reactivate itRe-KYC is an periodic update on an individual's KYC status, which has to be conducted by every banks and other entities regulated by the Re...
- How to invest in a mutual fund in your child’s name?Small amounts received as gifts by children on festive occasions, birthdays or for good academic performance could be channelised into mutu...
- Your SBI bank account might get frozen for KYC non-compliance: How to update KYC onlineThe State Bank of India (SBI) has suspended accounts of several customers due to non-compliance with know-your-customer (KYC) standards.
- How to complete KYC, start investing in mutual funds?Sebi mandates investors to be KYC (know your client) compliant before they start investing in a mutual fund scheme.
- Investing in mutual funds for childrenTo do any mutual fund investment in a child’s name, one needs to submit a valid document of proof of the child’s age and the parents’ relat...
- Sebi clarifies on norms for processing investors' service requests by RTAs"From January 1, 2022, the RTAs shall not process any service requests or complaints received from the holder(s) / claimant(s), till PAN, K...
- Sebi lays framework for mutual fund investment in minors' nameThe move is aimed at bringing uniformity in such investment process across asset management companies (AMCs).
- Banks may ask you for your religion detailsBanks may introduce a new column in KYC forms for depositors & clients to mention their religion.
- Investing in mutual funds in the name of a minor childMany parents want to build a corpus for their child before he turns an adult so that it could come handy for higher education.
- Sector regulators must guide companies post SC’s Aadhaar verdict, says UIDAI CEO Ajay Bhushan PandeyThe Supreme Court had said that Aadhaar authentication can be used only for government welfare programmes.
- Starting mutual fund investments for your childAn investment can be made in the name of a minor child, aged less than 18 years.
- Why MF investments in your child’s name is a better ideaYou can invest in any mutual fund scheme in the name of your minor child, whose age is less than 18 years.
- Fresh trouble? The Know-your-customer (KYC) problem is going to get biggerIndia's indefatigable know-your-customer (KYC) industry, one of the prime examples of mistaking repeated activity with actual achievement, ...
Load More
