Regulatory Updates

You should read important information and make an informed investment decision.

Know Your distributor
New Cadre of Distributors
Simple and Performing Schemes
EUIN
Others

KNOW YOUR DISTRIBUTOR

Under SEBI’s advice AMFI has initiated some changes in the Distributor Registration process.

As a part of this change Know Your Distributor (KYD), similar to Know Your Client (KYC) for investors has been introduced as a part of the Distributor Registration process which involves obtaining relevant documents and validation of such documents, personal verification and bio-metrics.

KYD is mandatory with effect from September 1, 2010.

Currently there are 60 locations (CAMS Point of Service) where distributors can carry out KYD process as well as biometrics on an ongoing basis. To make it convenient for the distributors located at the places other than the said 60 locations, CAMS will now be facilitating KYD process and biometrics at different locations at specified dates. Please click here to view zone-wise locations and dates, where distributors can carry out KYD process.

For detailed information on KYD process please visit AMFI Website or click on the links below-