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Investor Alert :
How To Link Mutual Funds To Aadhaar
11 Dec 2017 | 2:35PM

 “Easy Self Use Step”, to upload Aadhaar with respective registrars.

 

CAMS Registrar:

Mutual Fund Companies serviced:HDFC, DSPBlack-Rock, Birla Sunlife, HSBC, ICICI Prudential, IDFC, IIFL, Kotak, L&T, Mahindra, PPFAS, SBI, Shriram, Tata&Union Mutual Fund.

 

Web Link: https://adl.camsonline.com/InvestorServices/COL_Aadhar.aspx

Step 1: Visit CAMS page  website above and enter your PAN number,along with your registered Mobile number (you can also select date of birth or registered Email-ID).

Step 2: On the next screen,you have to provide your Aadhaar number, registered Mobile number linked with your Aadhaar or registered Email-ID (optional).

Step 3: You will receive an OTP, which is to be entered on the next page to complete the verification.

 

KARVYRegistrar:

Mutual Fund Companies serviced:Axis, Baroda Pioneer, BOI AXA, Canara Robeco, DHFL Pramerica, IDBI, INVESCO, JM Financial, LIC, Mirae Asset, Motilal Oswal, Peerless, Principal, Reliance, Quantum, Taurus&UTI MF.

Web Link: https://www.karvymfs.com/karvy/Aadhaarlinking.aspx

Step 1: Visit KARVY page website above and enter your PAN number.

Step 2:You will receive an OTP on your registered Mobile number, which is to be entered to complete the verification.

Step 3: On the next page, you will see all the AMC’s where you have the investment and a space to enter your Aadhaar number. Make sure all the AMC’s are checked marked & complete the process.


Franklin Templeton & Sundaram Mutual Fund ;both are not serviced by CAMS or KARVY, hence you need to do the process for it separately, on its website by visiting below links.


Franklin Templeton MFweb

link: https://accounts.franklintempletonindia.com/guest/#/customerservices/updateaadhaar/accountdetails


Sundaram MF web link: https://www.sundarambnpparibasfs.in/web/service/aadhaar

 

Steps: You need to enter your PAN and other details to start the process & verify.

 

Why do we need to link Aadhaar to mutual funds?

According to PMLA, i.e. Prevention of Money Laundering Act, SEBI has made it mandatory for each investor, to link their Aadhaar number to the mutual fund portfolio. This step is taken forward to prevent money laundering and keep track on all the investments & transactions within the country.

If you don’t do this linking, then your folios will be frozen and you will not be able to redeem the money or make any transactions unless you update the Aadhaar number. 31st Dec is the deadline, to link your Mutual Funds Portfolio with your Aadhaar card no.

Therefore, please take this on priority& complete it Today

 

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