Update Address in KYC & Mutual Fund Folios – Step-by-Step Guide

Change or Updation in Address

1. Update Address in KYC Records

Step 1: Collect the Required Documents

To update your address in KYC, you’ll need:

Documents Required:

      1. KYC Details Change Form (available on any KRA or AMC website)

      2. Self-attested copy of new Proof of Address, such as:

            a. Aadhaar Card (latest, masked copy allowed)

            b. Passport

            c. Driving Licence

            d. Voter ID

            e. Latest Utility Bill (Electricity, Gas, Landline — not older than 3 months)

            f. Bank Account Statement or Passbook (with address, not older than 3 months)

      3. PAN card copy (for verification).

If you are updating the address due to relocation abroad or change in residential status (NRI), then proof of overseas address and passport copy may be required.

Step 2: Submit the KYC Change Request

Option A: Physical Submission

      1. Fill the KYC Details Change Form completely and sign it.

      2. Attach self-attested copies of your documents.

      3. Submit it to:

            a. Your Mutual Fund distributor, or

            b. Any KRA office, or

            c. Any AMC branch (they will forward it to the respective KRA).

You’ll receive an acknowledgement once the documents are verified.

Option B: Online (eKYC update)

Most KRAs now allow online address change if your Aadhaar is linked and verified.

2. Update Address in Mutual Fund Folios

Once your KYC has been successfully updated, the new address automatically reflects in all mutual fund folios registered under your PAN and the same KYC.

However, if the KYC is non-validated, or if some AMCs maintain their own records (for example, old folios or direct-held accounts), then you may need to send a written request or Change of Address Form to each AMC, along with:

      1. Self-attested new address proof

      2. PAN copy

      3. Latest KYC acknowledgement

3. Timeline

      1. KYC update: Typically, 2–5 working days after submission.

      2. Mutual fund address reflection: Within 5–7 working days after KYC is updated.

 


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