All you need to know before investing in Mutual Funds

Proof of Address (POA):-

1. Passport | Voters Identity Card | Ration Card | Registered Lease or Sale Agreement of Residence | Driving License | Flat Maintenance bill | Insurance Copy.
2. Utility bills like Telephone Bill (land line only), Electricity bill or Gas bill - Not more than 3 months old.
3. Bank Account Statement/ Passbook -- Not more than 3 months old.
4. Self-declaration by High Court and Supreme Court judges, giving the new address in respect of their own accounts.
5. Proof of address issued by any of the following:
   1. Bank Managers of Scheduled Commercial Banks
   2. Scheduled Co-Operative Bank
   3. Multinational Foreign Banks
   4. Gazetted Officer
   5. Notary public
   6. Elected representatives to the Legislative Assembly or Parliament
   7. Documents issued by any Govt. or Statutory Authority.
6. Identity card/ document with address, issued by any of the following:
   1. Central/ State Government and its Departments
   2. Statutory/ Regulatory Authorities
   3. Public Sector Undertakings
   4. Scheduled Commercial Banks
   5. Public Financial Institutions
   6. Colleges affiliated to Universities and Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc., to their members.
7. For FII/ sub account, Power of Attorney given by FII/ sub-account to the Custodians (which are duly notarized and/or apostiled or consularised) that gives the registered address should be taken.
8. The proof of address in the name of the spouse may be accepted

It is important to note that all documents that have an expiry date should be valid on the date of submission.

Some additional documents required from non-individuals:

For corporates –

• Copy of the balance sheet for the last 2 financial years (to be submitted every year).
• Copy of latest share holding pattern including list of all those holding control, either directly or indirectly, in the company in terms of SEBI takeover Regulations, duly certified by the company secretary/Whole time director/MD(to be submitted every year).
• Photograph, POI, POA, PAN and DIN numbers of whole time directors/two directors in charge of day to day operations.
• Photograph, POI, POA, PAN of individual promoters holding control -either directly or indirectly.
• Copies of the Memorandum and Articles of Association and certificate of incorporation.
• Copy of the Board Resolution for investment in securities market.
• Authorised signatories list with specimen signatures

For Partnership firms –

• Copy of the balance sheets for the last 2 financial years (to be submitted every year).
• Certificate of registration (for registered partnership firms only).
• Copy of partnership deed.
• Authorised signatories list with specimen signatures.
• Photograph, POI, POA, PAN of Partners

For Trusts –

• Copy of the balance sheets for the last 2 financial years (to be submitted every year).
• Certificate of registration (for registered trust only).
• Copy of Trust deed.
• List of trustees certified by managing trustees/CA.
• Photograph, POI, POA, PAN of Trustees

For HUFs –

• PAN of HUF.
• Deed of declaration of HUF/ List of coparceners.
• Bank pass-book/bank statement in the name of HUF.
• Photograph, POI, POA, PAN of Karta

For an unincorporated association or a body of individuals –

• Proof of Existence/ Constitution document.
• Resolution of the managing body & Power of Attorney granted to transact business on its behalf.
• Authorized signatories list with specimen signatures.

For Banks/ Institutional Investors –

• Copy of the constitution/registration or annual report/balance sheet for the last 2 financial years.
• Authorized signatories list with specimen signatures.

For Foreign Institutional Investors (FII) –

• Copy of SEBI registration certificate.
• Authorized signatories list with specimen signatures.

For Army/ Government Bodies –

• Self-certification on letterhead.
• Authorized signatories list with specimen signatures.

For registered societies –

• Copy of Registration Certificate under Societies Registration Act.
• List of Managing Committee members.
• Committee resolution for persons authorised to act as authorised signatories with specimen signatures
• True copy of Society Rules and Bye Laws certified by the Chairman/Secretary.