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The limit can be enhanced anytime by submitting PAN.The final step Now, visit the website of the fund house and search for the registration link for a new account. It will direct you to a simple form for creating an online transaction account with the fund house.The first thing you need to do before starting an SIP is fulfilling the Know Your Customer (KYC) requirement. You will have to submit an identity proof, address proof and a photograph.You should also confirm your physical existence through an In-Person Verification or (IPV).
The new financial year has started and many investors would be thinking of starting new investments.Upload Documents: In the next step, you will have to upload a scanned copy of your PAN (Permanent Account Number) card and an address proof.Video Call: To complete the IPV (In-Person Verification) requirement the fund house will ask you to select a suitable time slot at which you can confirm your physical existence through a webcam.You simply have to click on the ekyc link and follow the steps.Alternatively, you can also visit CAMS KRA online, a KYC registration agency. You don’t have to fulfil it separately with each and every fund house you wish to invest.