FATCA / CRS Declaration while purchasing a Mutual Fund

Q & A Forum › Category: Mutual Funds › FATCA / CRS Declaration while purchasing a Mutual Fund

Roshan751 asked 9 years ago

Hi Sreekanth. I am doing a SIP in BSL through Axis bank. Now i am planning to invest in a direct plan and try to invest using BSL portal. But i am getting a warning message to do FATCA / CRS Declaration. what is FATCA / CRS Declaration and why I need to do it now as it was not mandatory before ?

1 Answers

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Sreekanth Staff answered 9 years ago

Hi, Kindly go through this article : https://www.relakhs.com/fatca-compliance-requirements-impact-mutual-fund-investments/

Roshan751 replied 9 years ago

hi sreekanth, thanks for your swift response and its very useful…