Important Updates

In case you are a New Investors with Tata Mutual Fund and wish to invest for the first time after 30th November 2012 and if you have completed your KYC formalities with CVL prior to 01st January 2012 i.e. as on the date of your investment with Mutual Fund, your KYC status on the CVL website (www.cvlkra.com) reflects as "MF - VERIFIED BY CVLMF" then you need to provide certain “missing /not available” KYC information” as and when you invest for the first time with Tata Mutual Fund.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary.

What is ‘missing KYC information’ that needs to be provided?

Pursuant to SEBI Circular no. MIRSD/Cir-5/2012, issued on April 13, 2012, all intermediaries are required to obtain ‘certain missing KYC information’ afresh as and when new clients intend to invest with the intermediary. This is the KYC information that has been prescribed by SEBI as part of minimum KYC requirements vide SEBI circular no MIRSD/SE/Cir-21/2011 dated 5th October 2011.

In case of Individuals are, details to be taken afresh are:	In case of Non Individuals,
Father’s/Spouse Name, Marital Status, Nationality, Gross Annual Income Or Net worth as on recent date In-Person Verification (IPV)	Full KYC needs to be done afresh due to significant and major changes in KYC requirements

Is this requirement applicable to all investors, Existing and New?

Are there any exceptions?

How to update the ‘missing KYC information’?