Religare Kyc: Fill & Download for Free

Kudos to you Investor!you are on the right track if you are thinking about investing on direct mutual funds.You need to be KYC compliant in order to invest in MF.KYC is one time exercise while dealing in securities markets – Once KYC is done through a SEBI registered intermediary {Mutual Funds, Brokers, Depository Participants, etc}, you need not undergo the same process again when you approach another intermediary.Currently, there are two RTA’s namely Karvy, Cams(Registrar & Transfer Agents) in India which helps the mutual (AMC’s) fund houses by way of record keeping.So, In order to invest in ‘Direct’ Mutual fund. your KYC should be up-to-date with respective RTA’s that service your Mutual fund house(AMC’s- Asset Management Company) at the time of investing.Refer the list of all the AMC’s serviced by Karvy, Cams at the end of this write up.If you are an existing investor and your KYC is up-to-date. You don’t need to do physical KYC procedures again. you can directly register online in the fund AMCs website and choose your choice of fund and subscribe directly.During online registration process your KYC(e-KYC) will be verified (From Cams or Karvy) by the fund houses(AMC’s) based on your PAN details. On successful verification, You also get notified by Karvy, Cams through your registered emailid.Some Fund house(Example: ICICI MF) requires you to do registration of the SIP as utility services in your bank account.Some Fund houses(HDFC MF) require you to upload the photocopy of your cheque leaf to verify your bank account.NOTE: I would be glad to add other methods if you meniton in comment for other fund houses.How to choose the right mutual fund for investment?There are many websites that ranks the performance of MF (Example: Valueresearchonline, Crisil, Morningstar). You can compare 1 year, 3 year, 5 year return performance comparison among the chosen theme of your choice to decide the right fund based on your risk appetite. It’s always better to use 3, 5, 10 year performance comparison to assess the consistency of return while choosing the right fund for you.First time investor/ KYC not up-to-date:You need to do the KYC formalities with (CAMS_KYC_FORM/ KARVY_KYC_FORM) depending on the fund house you chose for your investment.CAMS OTM(Onetime Mandate) - Eliminates the bank account updates for every SIP registration. I’ve not tried this yet.Details of AMC’s serviced by RTA’sMutual Funds Serviced By KARVY:Axis Mutual Fund.Benchmark Mutual fund.Bharati Mutual Fund.Baroda Pioneer mutual fund.Canara Robeco.Edelweiss.JM Mutual Fund.LIC Mutual Fund.Mirae Asset Mutual Funds.Morgan Stanley.Principal Mutual Fund.Peerless Mutual Fund.Quantum Mutual Fund.Reliance Mutual Fund.Religare Mutual Fund.Sahara Mutual Fund.Sansui Mutual Fund.Taurus Mutual Fund.UTI Mutual Fund.Paramerica Mutual Funds.Bank Muscat India fund.IDBI Mutual Fund – W.e.f. 07/10/2013.Mutual Funds Serviced By CAMS:AIG Mutual Fund.Birla SunLife.BNP-Paribas Mutual Fund.DSP Black Rock.Fidelity(take over by L&T).HDFC Mutual Fund.HSBC Mutual Fund.ICICI-Prudential Mutual Fund.IDFC Mutual Fund.IIFL Mutual Fund.ING Mutual Fund.JP Morgan.Kotak MahindraL&T.SBITata Mutua Funds.Union KBC Mutual Fund.Pinebridge Investments.PPFAS Mutual fund.Mahindra Mutual FundI would be happy to update this to make it better even for novice investor. Please share your comments.

The first step is Opening of a trading account.You are required to open a trading account with a brokerage firm which has its presence in India and USA. Your broker will help you in all completing all the formalities and you will be required to fill a Kyc form applicable in USA.You can also trade in US markets from India by opening your trading account with a broker in US. You will have to get approval from RBI to open your direct trading account in US. While the whole process may take some time but it is worthwhile.Transfer of fundsYou will be required to fill a declaration form along with A2 form, Sign Foreign exchange management act form, etc. and then you would be able to transfer the funds.You are good to go and now you can buy the shares of any company you want.Some Indian brokerage firms that allow you to invest in Foreign markets are: ICICI Direct, Kotak Securities, India Infoline, Reliance Money, Religare, etc.Happy trading.

Certain things when you glance at first sight seem complicated when you do it first time.Investing in stock of foreign origin like Google (GOOG), Facebook (FB) and Tesla (TSLA) are one of those.​Here is my attempt to share the required information.1. Open a Trading Account:Open a trading account in normal recognised Indian bank which specifically deals with Overseas Trading.There are few broking corporations which deal with Overseas trading such as ICICI Direct, Kotak Securities, Religare,etc2. Giving out Necessary Info.You need to fill out (KYC) Know Your Customer applicable for that country.Application Form of the broker bankIdentity Proof such as PAN card, Passport.Other documents requested by broker bank.3. Fund Transfer.As per (RBI) Reserve Bank India, Indian Citizens can remit maximum USD 2,00,000 in a financial year.You will be required to fill up Form A2 and submit along with PAN cardAdditionally, to get your money back, you need to fill out (BTR) Bank Transfer Request Form online and send it to the foreign broker. Once the payout request is acknowledged, the amount will be credited to your bank account.(It usually takes around 24 to 48 hours to remit money from your bank account to your trading account with the foreign broker and around 48 to 72 hours from your trading account to your bank account.)You need to set your base currency accordingly to your willful need( So, if you set USD as the base currency in your account, then all stock exchanges which accept payments in USD will settle your transactions in USD automatically)Once your account is opened and funds are transferred, you will be provided a client Login ID and password.4. Demat Account.Unlike here in the domestic markets, where your bought shares get transferred into your demat account in T+2 daysbut when you buy shares in the foreign markets the shares remain in a pool account with the broker's custodian but start reflecting in your trading account immediately after buying.You have all access to transactions so you need not necessarily worry on the particular trading platform.Stock market is a risky place. I hope you understand that there is risk involved in investing in stocks. You need to manage risk accordingly because risk comes from not knowing what you're doing. Start with a small amount and learn how to invest before jumping into markets with all you have and to trade in low cost stocks is strictly not recommended.*Edit* Note: Tesla's shares trade on the NASDAQ Exchange under the ticker symbol TSLA. Your brokerage firm will be able to make trades for you.