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Are you required to update your KYC by March 31 for stock and mutual fund investment?

Are you required to update your KYC by March 31 for stock and mutual fund investment?

Know Your Customer (KYC): If you have not updated your KYC by March 31, 2024 then your stock broking, demat, mutual fund, derivative, other accounts would be frozen. However as per a new circular dated March 28, 2024 existing investors satisfying a specific criteria need not update their KYC and their account would remain operational.

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