Here is a checklist of the Mutual Fund Documents for NRI from US/UK/Middle-East 2020:

• KYC Form (filled and signed)
• Recent color photo (signed across the photo)
• Copy of PAN Card, notarized (On an A4 size paper)
• Copy of exact proof of overseas address, notarized (On an A4 size paper)
• Copy of first and last pages of passport, notarized (If you are an Indian citizen)
• Copy of foreign passport, notarized (If you are a foreign citizen)
• Copy of PIO or OCI Card, notarized (If you are a foreign citizen)

(In case of NRIs, All the documents can be attested by officials of overseas branches of scheduled commercial banks registered in India, public notaries or Indian embassy/ consulate general of their respective country.)

List of Mutual Fund Documents for NRI needed for KYC:

• Copy of your passport with name, photograph, address and Date of Birth
• PAN Card
• Current Residential Proof (temporary or permanent) (Mandatory)
• Cancelled Cheque of NRE/NRO Account

Here is a list of Mutual Fund Houses that accept investments from US:

• DHFL Pramerica Mutual Fund
• Birla Sun Life Mutual Fund
• ICICI Prudential Mutual Fund
• SBI Mutual Fund
• UTI Mutual Fund
• L&T Mutual Fund
• PPFAS Mutual Fund (Parag Parikh Financial Advisory Services)
• Sundaram Mutual Fund

Note: Some fund houses may insist on in-person verification (IPV) for which you have to follow the following procedure:

• The IPV can be done seamlessly on a video call (Skype, Appear.in etc.). Earlier, NRIs were required to visit the offices or someone visited the investor to verify the papers at their home or workplace
• You can set a time for the video call with the agencies and carry on with the IPV. Only the following entities have the authorization to carry out IPV:
  • • KYC registration agency (KRA) 
    • The AMC (Asset Management Companies in India) Mutual fund agent 
    • Mutual fund distributor or advisor 
    • MF’s registrar transfer agent like CAMS or Karvy
• Major agencies have their mobile apps now for instant authentication through biometrics or OTP
• The video call might include questions about the details you have filled in the form and the application can be cancelled if any contradictions occur

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