What is IPV for KYC and what i should do to complete it?

POSTED BY nikhs12345 ON March 12, 2014 2:02 pm COMMENTS (2)

Hello All,

In quantum MF site i saw that apart from KYC, investor should complete IPV also. What is ths IPV? what i need to do for this? I recently submitted by KYC form thru fundsindia. and below is my KYC status.

CVL KRA VERIFIED BY CVLKRA 27-02-2014 11:38:59 05-07-2012 11:51:14
NDML KRA Not Checked with NDML KRA
DOTEX KRA Not Checked with DOTEX KRA
CAMS KRA Not Checked with CAMS KRA
KARVY KRA Not Checked with KARVY KRA

Let me know your reply.

2 replies on this article “What is IPV for KYC and what i should do to complete it?”

  1. ashalanshu says:

    Dear Nikhs, please wait for few days to get your IPV data updated by fundsindia.

    Thanks

    Ashal

  2. Hemanth Chandra says:

    IPV means ‘In-Person Verification’. It has become mandatory as a part of KYC. This can be done by AMC/Registrars like CAMS,Karvy.

    If you have submitted your KYC application in person to a broker or directly to AMCs, I think they will mark this IPV as fine.

    Since you have submitted your KYC application to fundsindia.com where everything is by online/letters (nothing in person), better ask the customer care of fundsindia.com the same….

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