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Thread: Q&A on Mutual Fund

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  1. #1
    PolicyWala NewBie
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    i am precisely asking about MF.but if you have some good suggestions in Policies please share.Thanks!

  2. #2
    Moderator Rahul's Avatar
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    Quote Originally Posted by pawankumar View Post
    i am precisely asking about MF.but if you have some good suggestions in Policies please share.Thanks!
    This is been already discussed here -
    http://policywala.com/showthread.php...light=Dividend
    |Jargon Buster|Before you post, please read the FAQ and the sticky posts on the board you wish to use.|Blog|

  3. #3
    PolicyWala Newbie
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    Do we need to submit KYC documents every year?
    I have two ICICI Direct Demat account - one in my name and another in my wife's name.

  4. #4
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    Quote Originally Posted by Hemant View Post
    Do we need to submit KYC documents every year?
    I have two ICICI Direct Demat account - one in my name and another in my wife's name.
    I have submitted KYC proof three times in three year, so no idea if it's every year or not. But if you have two accounts then both the owners need to submit the KYC documents.

  5. #5
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    Thanks Krypton!
    But my first query is still pending - Do we need to submit KYC documents every year?

  6. #6
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    Quote Originally Posted by Hemant View Post
    Do we need to submit KYC documents every year?
    What if I have already completed the earlier KYC (MIN) procedure with CVL ?
    Scenario 1
    If the KYC (MIN) was completed by submitting the PAN, the Acknowledgement obtained at that time can be enclosed along with the Investment Application Form(s) / Transaction Slip(s) while investing for the first time in every folio as the PAN number will be stated on the said acknowledgement. You need not repeat the process now.
    Scenario 2
    If the KYC (MIN) was completed without submitting the PAN but with other proof of identity documents, for such cases, CVL will send out a communication to the respective investors requesting them to submit self attested copy of PAN card for KYC compliance.
    You will pick up maximum wrong numbers when on roaming.

  7. #7
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    a venture program financed by shareholders that exchanges expanded property and is professionally overseen.

  8. #8
    NewBie
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    Please suggest which policy is better..Dividend or growth?
    Please suggest which policy is better..Dividend or growth?

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