CDSL
What is the use of KYC

I thought the whole idea of KYC was once the Investor PAN card becomes KYc complaint all associated Mutual Funds will update the KYC status & the registered address in KYC. But neither has happened. Though I have become KYC complaint (ADPPN0945B) All Mutual funds i hols has not update either my KYC status or Address. why can;t this be done automatically by all MF companies?

Company: CDSL
Country: India
State: Tamil Nadu
City: Chennai

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