FATCA, Additional KYC Declaration

 

Important Regulatory requirement

 

Submission of - Additional information required under Foreign Account Tax Compliance Act [FATCA], Common Reporting Standards [CRS], UBO Declaration & Supplementary KYC information

For your convenience, we have created the following –
  1. View Status / Online filing facility on our website
  2. Download the FATCA / Addl. KYC declaration form for print, fill and submit at our nearest KFintech branch
    • Individuals click here
    • Non-Individuals click here
  3. If you are already submitted your declaration and want to make corrections Click here
  4. You can send the hard copies of the filled and signed declarations to the below address:
KFintech, Selenium Building, Tower B
Unit – FATCA / CRS / UBO / Supplementary KYC
Plot Nos. 31 & 32 | Financial District |Nanakramguda
Serilingampally Mandal | Hyderabad - 500032 | India

As per the cited regulations, no further transactions (except redemptions) will be allowed with effect from 1st January 2016, if declaration is not submitted before 31st December 2015.

Regards
KFintech
Unit – FATCA / CRS / UBO / Supplementary KYC

Participating Mutual Funds
AXIS MUTUAL FUND,BARODA MUTUAL FUND,BNP PARIBAS MUTUAL FUND,BOI AXA MUTUAL FUND, CANARA ROBECO MUTUAL FUND,EDELWEISS MUTUAL FUND,ESSEL MUTUAL FUND, IDBI MUTUAL FUND,INDIABULLS MUTUAL FUND,INVESCO MUTUAL FUND,ITI MUTUAL FUND,JM FINANCIAL MUTUAL FUND,LIC MUTUAL FUND,MIRAE ASSET MUTUAL FUND,MOTILAL OSWAL MUTUAL FUND,NIPPON INDIA MUTUAL FUND, PGIM INDIA MUTUAL FUND,PRINCIPAL MUTUAL FUND,QUANT MF,QUANTUM MUTUAL FUND,SAHARA MUTUAL FUND,SUNDARAM MUTUAL FUND,TAURUS MUTUAL FUND,UTI MUTUAL FUND For investor convenience, we will be sharing FATCA / Addl. KYC details between RTAs.

Submission of - Additional information required under Foreign Account Tax Compliance Act [FATCA], Common Reporting Standards [CRS], UBO Declaration & Supplementary KYC information.The following disclosures have now become mandatory.


AMFI through its circulars dated September 18, 2015 directed the AMCs to adhere to the following requirements from November 1, 2015:
  1. All new investors to provide additional KYC details - Income slab, Occupation, Net worth, Politically Exposed Status, etc.,
  2. All new non-Individual investors to provide the Ultimate Beneficial Ownership (UBO) details
  3. All investors to submit FATCA/CRS declaration while opening account from 1st November 2015 and also for all the new accounts opened after 1st July 2014 to 31st October 2015
Similarly, from 1st January 2016 all Mutual Funds have been advised to make it mandatory for existing investors to:
  1. Provide additional KYC details as mentioned above in order to make additional purchases (including switch) in their MF accounts
  2. Provide missing details and complete IPV (In-Person Verification) for all CVL-MF cases
  3. Update the Ultimate Beneficial Ownership (UBO) details in their existing accounts
For investor convenience, KFintech is collecting this mandatory information for updating across all participating KFintech Serviced Mutual Funds where you are already an investor or would become an investor in future. This information is required for all the holders.
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