The deadline to link Aadhaar to your Mutual Fund investments has been extended to March 31, 2018. This can be done both Offline and Online. For offline you need to submit the physical form along with Aadhaar copy to the respective Mutual Fund AMC office or their respective registrars.
As of today there are four Registrar and Transfer Agents (RTA)
The good news is you can link Aadhaar to your mutual fund investments online in just 5 minutes following some simple steps.
Below are the links to all 4 registrars to link Aadhaar to respective mutual Funds they service.
Also here is list of Mutual Funds serviced by CAMS & Karvy.
List of AMCs serviced by CAMS
Also Read: How to Link EPF UAN to Aadhaar?
List of AMCs serviced by Karvy
Other than above two Franklin Templeton and Sundaram serves their respective mutual fund AMCs.
Also Read: 5 Steps to Link Aadhaar to your LIC Policies Online
CAMS serves as RTA for the 15 AMCs as stated above. In case you have investment in any one of these fund houses you need to update your Aadhaar with CAMS. Here are the steps:
Step 1: Click on the link to go to Link Aadhaar to Mutual Fund investments Page on CAMS
Step 2: Once you submit the details, then you will receive the OTP (One Time Password) to your registered Mobile. You have to enter the same in below screen.
This will link your Aadhaar to all the mutual funds serviced by CAMS where you are sole or joint holder or guardian. If everything has gone well, you will get below confirmation message from CAMS on the screen.
Many users have faced issues while linking Aadhaar. Have patience, it may take 4-5 attempts.
Karvy serves as RTA for the 17 AMCs as stated above. In case you have investment in any one of these fund houses you need to update your Aadhaar with Karvy. Here are the steps:
Step 1: Click on the link to go to Link Aadhaar to Mutual Fund investments Page on Karvy
Step 2: Tick the Consent and Enter your PAN Number -> Validate
Step 3: The field for Aadhaar appears and enter your Aadhaar Number. Also tick “All Funds”
Step 4: Once you submit the Aadhaar, you will receive the OTP (One Time Password) to your registered Mobile. You have to enter the same in next screen.
This will link your Aadhaar to all the mutual funds serviced by Karvy where you are sole or joint holder or guardian.
If everything has gone well, you will get below confirmation message from KARVY on the screen.
In case you face problem with the above method, you can try SMS.
Send (ADRLNK <space> <PAN> <space> <AADHAAR NUMBER> <space><Y>) to 9212993399 from your registered mobile number with Karvy. “Y” in the above message stands for your express consent (as given above and read by you) to authenticate and seed your Aadhaar across all Karvy serviced Mutual Funds / AIF as on date.
Franklin Templeton AMC has its own RTA. Click on the link to go to Link Aadhaar to Mutual Fund investments Page on Franklin Templeton.
Also Read: SIP Vs. Lumpsum – Which is the Best way to Invest in Mutual Fund?
Sundaram BNP Paribas AMC has its own RTA. Click on the link to go to Link Aadhaar to Mutual Fund investments Page on Sundaram BNP Paribas.
The mutual fund account would be frozen which means investors would not be able to initiate ant transaction like Purchase (New & additional purchase), Redemptions, Switches, New registration of SIPs, STP, SWP, etc.
However automatic transactions like existing SIP, dividend pay-out, closed fund redemption and non-financial transaction would be allowed.
As of today Government has mandated Aadhaar linkage to all financial investments, but this has been challenged in court. Supreme Court may give some ruling going forward which may/may not modify existing orders. The deadline has to link Aadhaar has been extended to March 31, 2018 from December 31, 2017. In case you have NO inhibitions or objections to link Aadhaar to your investments go ahead and DO it. If you want to wait for Supreme court verdict, expect something in March 2018.
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View Comments
Sir,
I have not found name of UTI mutual fund.
With best regards,
UTI is serviced by Karvy - have updated in post now. Thanks for pointing this out.