Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Mutual funds start e-KYC for 1st-time investors
short by Shankar Venkatraman / on Sunday, 18 October, 2015
Quantum and Reliance Mutual Funds rolled out e-KYC (Know Your Customers) to first-time investors, which would enable them to complete the formalities in a paperless manner. “e-KYC will make investment simpler and faster. The new measure will attract retail investors in a big way", said Quantum Chief Executive. Other fund houses are reportedly very likely to incorporate this service soon.