SEBI’s New KYC Norms Impact 13 Million Mutual Fund Accounts

SEBI’s New KYC Norms Impact 13 Million Mutual Fund Accounts

Recent regulatory changes by SEBI have led to a significant impact on mutual fund investors, with around 13 million accounts facing temporary suspension. The cause is a shift in KYC norms, specifically requiring Aadhaar and PAN updates for mutual fund subscribers,...