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Regulatory Validations as per SEBI - 2024

Updated: Apr 18

According to latest SEBI Mutual Fund Circulars, all investors must comply with the following regulations:




Revalidation of KYCs:


As per SEBI circulars, KRAs were mandated to validate the KYCs of investors by 31st March.

Wherever KRA couldn't validate Email/Mobile or PAN-Aadhaar linking status was unavailable, KYC status will be tagged as "On Hold". In such cases, clients are not allowed to invest or make any transactions until a re-KYC is done or mobile/email are validated with the KRA.

On the other hand, if the mobile/email validation & PAN-aadhaar link is successful but KRA couldn't independently validate the information at their end with the POA/POI document source data, KYC status will be tagged as “KYC Registered”. In such cases investors cannot invest in any new folios but can keep investing in existing folios.

The list of affected clients is available at Reports-> Business Reports -> KYC Address Proof Issue Report


The report contains:

  1. Current KYC status

  2. Impact of not validating KYC: Clients would either not be allowed to make any transactions or not invest in any new folios depending on the KYC status.

  3. Digi KYC link and procedure: Advisors can begin the re-KYC (Digi KYC) process from here itself by following the below steps:

    1. Click on Start KYC ->

      1. Start re-KYC here: This opens the KYC journey in a new page

      2. Send re-KYC link to client: An sms and email will go to the client to complete re-KYC

    2. Click here for the step-by step process of Online Modification KYC

  4. Digi KYC progress


Re-KYC procedure can be done using:

  1. Online Modification KYC (Recommended):

    1. Send a link to your clients or initiate re-KYC yourself from here:

      1. Click here or go to Reports-> Business Reports -> ReKYC Report to find the list of clients as per KRA.

      2. Click on Start KYC ->

        1. Start re-KYC here: This opens the KYC journey in a new page

        2. Send re-KYC link to client: An sms and email will go to the client to complete re-KYC

    2. Click here for the step-by step process of Online Modification KYC.

  2. Offline KYC method: Follow the steps here:










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