We believe that mutual funds are the best investment instruments for your long term wealth creation. What is a Mutual Fund? A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. A Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost. How does Mutual Fund works? Why invest in Mutual Funds?
In order to ensure that the investors have unrestricted access to AMC's and to enable AMC's to provide prompt investor service including execution of investors financial or non financial transactions, the Securities & Exchange Board of India through its circular CIR/IMD/DF/9/2010 dated August 12th, 2010 has directed all mutual funds/AMC's to open new folios/accounts only after ensuring that all investor related documents including account opening documents, PAN, KYC, POA(if applicable), specimen signature are available with AMC's /RTA's.
For existing folios, AMC's are required to update the investor related documents, account opening documents, PAN, KYC, POA(if applicable), specimen signature by November 15, 2010.
You are therefore requested to kindly update the PAN copy image & the KYC letters in our records.
Kindly get in touch with us on our customer service helpline no. 022 39886000 or visit us at our nearest branch or write to us on [email protected] for submitting the required documentation.
As per the AMFI Circular 35/MEM-COR/54/10-11, dated August 16th, 2010 KYC will be mandatory for investors coming through Channel Distributors irrespective of the amount of investment with effect from October 01, 2010.
In case the KYC document has not been submitted & an MF order has been placed such transactions will not get processed and amount will be refunded.
Download our lightning fast & innovative Desktop Trading Platform (.exe)
Locate our nearest branch
This is with reference to your dealings with us as a client and pursuant to SEBI circular bearing reference number MIRSD/SE/Cir-19/2009 dated Dec 3, 2009 read with NSE circular bearing reference number NSE/INSP/2010/91 dated Feb 3, 2010 and BSE circular bearing reference number 20100203-30 dated Feb 3, 2010, whereby SEBI / Exchange(s) has specified norms for regulation of transactions between the Client and the Stock Broker which has the effect of modifying the procedures governing our business dealings as well as Know Your Client (KYC) executed between us.
In order to comply with the requirements of the said circular, you are requested to furnish the following information which shall be the addendum to the existing Account opening Form executed between us:
The above information has been incorporated in the annexure for SEBI compliance to this letter which you are required to fill, sign and send the same to us on an urgent basis either to the nearest branch or by post at :-
If you have any query regarding the new change, please feel free to call our Customer Care on 3988 6000 or write to us at [email protected]. Alternatively, please walk in to your nearest Reliance Securities Branch for further assistance.
Reliance Securities Limited Professional Management Consultants, 108 & 109, Murugesa Naicker Complex Greams Road Chennai – 600006,Tamilnadu.
Kindly ensure that the above documents reach us latest by 31st May, 2010 to comply with the SEBI circular, failing which your account will be marked as Inactive for trading.
Thanking You,
Yours faithfully, For Reliance Securities Limited
CALCULATE NOW
TARIFF
FEEDBACK
CALCULATE SIP
DOWNLOAD
LOGIN NOW
KNOW MORE
