Department of Posts, AMFI join hands for KYC verification of 24.13 crore MF investors
NEW DELHI: The Department of Posts (DoP) has collaborated with the Association of Mutual Funds in India (AMFI) to streamline KYC (Know Your Customer) verification for approximately 24.13 crore mutual fund investors.
NEW DELHI: The Department of Posts (DoP) has collaborated with the Association of Mutual Funds in India (AMFI) to streamline KYC (Know Your Customer) verification for approximately 24.13 crore mutual fund investors.
This includes 19.04 crore folios in Equity, Hybrid, and Solution-Oriented Schemes, as per AMFI data for June 30.
The MoU was signed by Ms. Manisha Bansal Badal, GM, (Business Development) on behalf of Department of Posts and Mr. V. N. Chalasani, Chief Executive, AMFI.
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