Making hay in your mutual fund investments with towering returns? Sounds good! But have you linked your Aadhaar with MF investments? Na! Well, do that soon as only a few months are left before the expiry of the deadline i.e. March 31, 2018. Failing to link Aadhaar with Mutual Funds by the said date will lead to investment account being blocked, preventing any buy or sell of units. However, there are simple modes by which you can link your Aadhaar to MF investments. So, without any delay, let’s read those in this article.
Steps to Link Aadhaar with Mutual Funds via RTAs
Aadhaar can be linked to mutual funds via any of the registrar and transfer agents (RTAs), such as CAMS Karvy, etc.
CAMSonline Aadhaar Link
Visit the official website of Computer Age Management Services (CAMS), which takes stock of many mutual fund houses. On visiting the website, you can find a tab of Investor Services. Click on it and get to a page wherein you can find ‘Link Your Aadhaar’ tab. Just click on it, enter your Aadhaar number in the prescribed space and press the submit button. Your request to link Aadhaar with mutual fund investments would thus get processed. You will receive a confirmation message on your registered mobile number only after the details get verified successfully.
Karvy Aadhaar Linking Form
You can also visit the website of Karvy to get your Aadhaar linked to mutual fund folio/s. You can easily find Link Your Aadhaar on the website. Click on the link, enter your Aadhaar number and get the biometric card seeded to your mutual fund accounts.
How to Link Aadhaar at Mutual Fund Houses?
Linking Aadhaar with mutual funds can also be done at respective websites of the asset management companies (AMCs), which run Aadhaar-based e-KYC verification. Just add your 12-digit biometric number there and submit a request for Aadhaar linkage with mutual funds. Upon successful verification, Aadhaar will get linked to your MF account.
Link Aadhaar to Your Mutual Fund Folios via SMS
You can link Aadhaar to your mutual fund accounts via an SMS as well. All you need to do is to type (ADRLNK <PAN> <space> <AADHAAR NUMBER> <space><Y>) from your registered mobile number to the designated number. Your request to link Aadhaar with mutual funds will thus get processed.
Visit the Branch of AMCs or RTAs to Link Aadhaar to Your MF Folios
If getting online is not what you like, you can visit any of the AMC or RTA branches to link your Aadhaar to mutual fund accounts. Just visit the nearest branch, ask for Aadhaar seeding form, enter the relevant personal and employment information, as well as your Aadhaar details before submitting it along with a self-attested photocopy of the biometric card. The concerned official will verify the Aadhaar details from the original and so, you must bring that as well. You will receive an e-mail or SMS confirmation of Aadhaar linkage with mutual funds only when the details are verified successfully.
Importance of Linking Aadhaar to Mutual Fund Accounts
Linking Aadhaar with mutual fund investments would help ensure the safety of your investments by heightening the security against Internet frauds. The transactions, be it the buy or sell of MF schemes, are going to be safe under the watchful eyes of the regulatory authorities.
Now as you understand the modes to link Aadhaar with mutual funds, do follow the steps described under your chosen mode. Don’t be under the impression that three months are there to complete the process. The closer you get to the last date more traffic you are going to face online or even offline. So do it fast following the steps as shown above.