It has been made mandatory to link AADHAAR number to mutual funds under the Prevention of Money Laundering Act (PMLA) rules 2017. The deadline has been fixed at December 31,2017. Here is quick guide to help you link aadhaar number to mutual funds portfolio.
Most of the mutual funds are serviced by CAMS. They manage 15 different mutual funds. It is very easy and simple procedure to link aadhaar number to mutual funds portfolio if you are investing in any of the below mutual fund ;
You can link your aadhaar to mutual funds portfolio either by online or offline method.
Online Method
To link your mutual fund portfolio to your aadhaar number by online method, just visit this page. You will land on webpage which is shown below;
Fill in the required details asked on this page. After filling your mobile number, click on Generate OTP button. You will get One Time Password (OTP) on your mobile.
On the next page, you will be shown a box to enter this OTP. Fill the OTP, accept the terms & conditions box and submit and you are done!
Offline Method
You can link aadhaar number to mutual funds portfolio via physical or offline mode. Just download this form and send it via post to the address mentioned in this form under section ‘instructions’ or by visiting the office in your vicinity.
