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MIN is no longer required

No Comments » Written on March 2nd, 2007 by
Categories: MutualFunds
In a statement today, AMFI has withdrawn the requirement of a Mutual Fund Identification Number (MIN) for investment in mutual funds. (Read my earlier article about this)

Note that even then mutual funds may demand identification, address proof and PAN number proof in order to meet KYC guidelines. The PAN number will be the single identification number for investors though.

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This entry was posted on Friday, March 2nd, 2007 at 3:51 PM and is filed under MutualFunds. You can subscribe to any comments to this entry via RSS 2.0. You can leave a response, or trackback from your own site.

About the Author: Deepak Shenoy
http://www.capitalmind.in
The man behind Capital Mind. Deepak has co-founded MarketVision, a financial knowledge startup. He has traded the Indian Markets for nearly a decade. Deepak lives in Gurgaon and fears using long words.

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