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5 days agoSEBI Moves Toward Single KYC-Verified MF Folio Framework
India’s Securities and Exchange Board (SEBI) proposed a uniform KYC-verified system for mutual fund folio creation to eliminate record discrepancies and simplify investor onboarding across AMCs. The proposal aims to link folio data through centralized registrars, enhancing transparency and reducing duplicate accounts. Public feedback is open until November 14, after which final guidelines will be issued. Industry experts said the initiative could streamline KYC compliance and support India’s financial digitization push while improving investor protection.
neutral
5 days agoSEBI Moves Toward Single KYC-Verified MF Folio Framework
India’s Securities and Exchange Board (SEBI) proposed a uniform KYC-verified system for mutual fund folio creation to eliminate record discrepancies and simplify investor onboarding across AMCs. The proposal aims to link folio data through centralized registrars, enhancing transparency and reducing duplicate accounts. Public feedback is open until November 14, after which final guidelines will be issued. Industry experts said the initiative could streamline KYC compliance and support India’s financial digitization push while improving investor protection.
neutral
SEBI Moves Toward Single KYC-Verified MF Folio Framework
5 days ago
1 min read
75 words
SEBI proposed a central KYC-based mutual fund folio system to curb record mismatches and enhance investor data integrity; public comments close on November 14.
India’s Securities and Exchange Board (SEBI) proposed a uniform KYC-verified system for mutual fund folio creation to eliminate record discrepancies and simplify investor onboarding across AMCs. The proposal aims to link folio data through centralized registrars, enhancing transparency and reducing duplicate accounts. Public feedback is open until November 14, after which final guidelines will be issued. Industry experts said the initiative could streamline KYC compliance and support India’s financial digitization push while improving investor protection.
India’s Securities and Exchange Board (SEBI) proposed a uniform KYC-verified system for mutual fund folio creation to eliminate record discrepancies and simplify investor onboarding across AMCs. The proposal aims to link folio data through centralized registrars, enhancing transparency and reducing duplicate accounts. Public feedback is open until November 14, after which final guidelines will be issued. Industry experts said the initiative could streamline KYC compliance and support India’s financial digitization push while improving investor protection.
Companies:
SEBI
Tags:
mutual_funds
SEBI
mutual_funds
SEBI
KYC
regulation
India
Oct 26, 2025 • 12:33 IST