The KYC status which is a mandatory requirement for Mutual Fund investments above 50K INR is obtained through a centralized company called CDSL ventures limited. Though they say the process will take 15 days dont be fooled by it. It takes for ever for instance mine more than a month and not complete. I am FRUSTRATED to the core at the pathetic state of affairs in India. Consumers have absolutely no value in India. Dont postpone your MF investments thinking that you will get the KYC fast online. My documents are in very good order but their process is toooooo slooooow
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