How to Complete Mutual Fund KYC From Home

India Post and Nippon India Mutual Fund have come together to enhance mutual fund access to all customers. Together, they will offer door-to-door KYC(Know Your Customer) verification services. This will ensure that individuals do not have to go anywhere to complete their KYC verification. The main focus is on making mutual fund investments simple and accessible for everyone. This initiative is especially helpful for senior citizens, people living in villages, and those who have trouble moving around.

As per a release from the Ministry of Communication on April 3, 2025, Indian Post has a wide reach and is available in even the most remote areas of the country. This makes it an ideal partner for mutual fund companies that are looking to enhance their industry. Indian Post has shown its potential to handle large-scale operations efficiently and securely. In a short period of time, it has successfully managed more than 500,000 KYC verifications for UTI and SUUTI.

What is KYC?

KYC Stands for Know Your Customer. In this process, mutual funds and other financial companies, such as banks, collect information about their customers, such as identity proof, address proof, PAN card details, etc. As a part of the ‘Prevention of Money Laundering Act, 2002‘, SEBI has made it compulsory for all mutual funds and financial intermediaries to ensure that they have all the necessary data about their customers.

Therefore, if you want to invest in mutual funds, you must complete your KYC; this is called being KYC-compliant.

How does KYC work?

The collaboration between India Posta and nippon India Mutual Fund supports the Government’s initiative called ‘ Jan Nivesh‘. This scheme focuses on promoting financial inclusion and reaching out to more people.

The door-to-door KYC service allows people to complete their KYC process from their homes. This is especially helpful for senior citizens and others who may find it difficult to travel.

Who will get the benefit?

India Post is making it easier for people to access financial services by offering door-to-door KYC services. This is very helpful for those who have difficulty in traveling or live far from other financial institutions.

With this service, more people, especially those living in rural and less developed areas, can now invest in mutual funds to expand the mutual fund industry. This will allow them to take better control of their money and make smart financial decisions.

Some common FAQs from Nippon India Mutual Fund

Q1. Is KYC mandatory in mutual funds?

Ans. Yes, KYC is compulsory if you want to invest in mutual funds.

Q2. How do I register for KYC?

Ans. You can follow these easy steps to register for KYC

• Download the KYC form from the KRA or the mutual fund company’s website.
• Fill in your information like name, address, PAN, nationality, phone number, email ID, etc.
• Attach self-attested copies of your documents (like ID proof, address proof, and PAN card) with the form.
• Submit everything to the KRA, R&T agent, or the mutual fund company’s office.
• You’ll also need to go through a short in-person verification to confirm your details.

Q3. Can I invest in a mutual fund without doing KYC?
Ans. No, you cannot. KYC is a must for investing in any mutual fund.

Important thing to note

Your request to modify your information might be rejected if the details and the proofs you have submitted do not match. Therefore, it is advised to double-check everything before submitting. You can invest in various mutual fund houses and update at any fund house to update your information across all fund houses. It may take around 7 to 10 days for the KYC updates to show in your mutual fund account.