How to link your Aadhaar card to mutual fund investments?

How to link your Aadhaar card to mutual fund investmentsHow to link your Aadhaar card to mutual fund investments?

After making it mandatory for the mobile numbers to be linked with Aadhaar, now the government has issued a circular to link all demat accounts and mutual  fund investments with Aadhaar number. The SEBI (Securities and Exchange Board of India) has recently issued circulars for linking the Aadhaar number to Demat accounts for stock trading before 31st December 2017. How to link your Aadhaar Card to mutual fund investments? How to link your Aadhaar card online to mutual fund investments? Is there any offline method to link Aadhaar card and mutual funds? What happens if you do not link your Aadhaar card to your mutual fund portfolios?

Also Read: 10 Best Monthly Income Plan Mutual Funds to invest in 2017

Need to link Aadhaar Card and mutual fund investments

According to the recent amendments to Prevention of Money Laundering Act (PMLA) Rules, 2017, financial institutions like Mutual Funds are mandated to obtain Aadhaar number from the clients and link them to the Mutual Fund Investment Folios.

How to link your Aadhaar card to mutual fund investments?

1) CAMS (Computer Age Management Service) is the R&T (Registrar and Transfer) agent that provides an online facility to link your Aadhaar number to your mutual fund investments. CAMS is serving for more than half of the mutual fund industry. If you have invested in any of the schemes listed below, you can follow the steps given in this article to link your Aadhaar number to multiple mutual fund schemes in one go. Here is the list of the funds that are served by the CAMS.

  • Birla Sun life mutual fund
  • DSP black rock Mutual Fund
  • HSBC Mutual Fund
  • HDFC Mutual Fund
  • ICICI Prudential MF
  • IDFC Mutual Fund
  • IIFL Mutual Fund
  • Kotak Mutual Fund
  • L&T Mutual Fund
  • Mahindra Mutual Fund
  • PPFAS Mutual Fund
  • SBI Mutual Fund
  • Shriram Mutual Fund
  • TATA Mutual Fund
  • Union Bank Mutual Fund

2) There are other R&T agents also like KARVY, Sundaram BNP Paribas Fund Services, Franklin Templeton Mutual Fund but these provide only in-house services and yet to begin their services.

How to link your Aadhaar number to mutual fund investments on CAMS Online portal?

There are two ways to do the process

1) Directly visit the link given below of CAMS website

link your Aadhar card to mutual fund investments online-Camsonline portal


2) Go thru below – Step by step

Step1- Open the website On this website, click on ‘Investor Services’ on the top panel and then link on ‘Link Your Aadhaar’ on the left panel. The following page appears

Step 2- Once you enter all the details that have been asked for, the page auto populates with the names of fund houses where you would be holding the mutual fund units. It is not necessary that all the mutual funds that you are holding are done by CAMS. In that case, if there are few fund houses missing, you need to undergo the process with other R&T agents as well. Like Reliance Mutual Fund and UTI Mutual Fund are served by Karvy.

Step 3- click on the fund houses, preferably all, enter your registered mobile number and submit it. You will get an OTP (One time password) on your registered mobile number as well as on email id.

Step 4- Enter OTP that you have received and submit.

Step 5- Once the process is over, you will get a success message. You will receive an acknowledgment on the e-mail id from the UIDAI.

One point to be noted is by authorizing CAMS to validate your Aadhaar; you are linking your Aadhaar to all your CAMS servicing mutual fund companies where you are first holder, joint holder or guardian.

Also Read: Best Equity Mutual Funds to invest in India

How to link your Aadhaar number to mutual fund investments Offline?

If there ia any instance where you were not able to link your Aadhaar through online mode due to non-availability of Mobile Number/ Email in your Aadhaar data, you can use this Physical Mode option. You can download the form at this link, submit the duly filled and signed form to the nearest CAMS / AMC Branches or send it via post/courier to the nearest branch. You can check here about CAMS service centres here.

What happens if you don't link mutual fund investments with Aadhaar Card?

SEBI has already given mandate to financial institutions to link Aadhaar card number to mutual fund investments. All AMCs are expected to close this before 31st December, 2017. However, as an investor it is your duty to ensure you link your mutual fund investmests to Aadhaar card so that your future mutual fund investments in lumpsum or SIP would not be stopped or redemption is not holded. Don't regret later saying AMCs have not approached you and your investments are stuck due to non updation of Aadhaard to your mutual fund folios. 

All the best !!!

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How to link your Aadhaar card to mutual fund investments

Suresh KP


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