How to link Aadhaar number to Mutual Fund Investments online?

Securities and Exchange Board of India (SEBI) and stock exchanges like BSE have recently issued circulars regarding the linking of Aadhaar number to Demat Accounts for stock trading.

The Bombay Stock Exchange (BSE) issued a circular few days back, wherein they have informed all Demat account holders to link their accounts with Aadhaar on or before December 31, 2017 31st March, 2018.

BSE has also referenced to Prevention of Money Laundering (Maintenance of Records) Rules, 2005, which was amended on June 1st, 2017 to make provision of Aadhaar as a form of eKYC for stock trading.

What about Mutual fund investments? – Yes, very soon it is going to be mandatory to link your Aadhaar number to your Mutual Fund investment folios.

As per the recent amendments to Prevention of Money Laundering Act (PMLA) Rules, 2017, Financial Institutions like Mutual Funds are mandated to obtain Aadhaar Number from their customers and link the same to the respective accounts / Folios.

How to link Mutual Fund folios with Aadhaar number online through CAMS portal?

CAMS  (Computer Age Management Services) is the first R&T agent to provide an online facility to link Aadhaar number to your existing mutual fund folios.

CAMS is the main R&T agent and services more than half  of the mutual fund industry. CAMS serviced Funds are as below ;

1. Birla Sun life Mutual Fund
2. DSP Blackrock MF
3. HDFC Mutual Fund
4. HSBC
5. ICICI Prudential MF
6. IDFC MF
7. IIFL MF
8. Kotak Mutual Fund
9. L&T MF
10. Mahindra MF
11. PPFAS MF
12. SBI MF
13. Shriram MF
14. TATA mutual fund &
15. Union bank MF

If you have invested in any of the schemes offered by the above listed Mutual Fund houses, you may kindly follow the below steps to link your aadhaar number to multiple mutual fund schemes in one go. 

• Kindly visit CAMS online facility
• You have to provide your email-id which is linked to your mutual fund folios, PAN number, you can select the list of funds in which you have invested in (serviced by CAMS), your Aadhaar number and mobile number which is linked to your Aadhaar. Click on ‘submit’ button.
• You will then receive an OTP to your registered mobile number, kindly enter that in the next screen and click on ‘submit’ button.
• CAMS will then cross-verify your details with UIDAI. Once the linking process is successful, a message as below is displayed on your screen.
• Kindly note that you will also receive an email-alert from UIDAI.

How to link Mutual Fund folios with Aadhaar number online through Karvy portal?

If you have invested in the below mutual fund schemes, you can now link your Aadhaar card number to respective MF folios by visiting Karvy portal.

Karvy provides R&T agent services to mutual fund houses like ;  Axis Mutual Fund, Baroda Pioneer Mutual Fund, BOI AXA Mutual Fund, Canara Robeco, DHFL Pramerica Mutual Fund, IDBI Mutual Fund, INVESCO Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Peerless Mutual Fund, Principal Mutual Fund, Reliance MF, Quantum Mutual Fund, Taurus Mutual Fund, UTI MF etc.,

• Kindly visit Karvy’s Aadhaar – Mutual Fund linking online facility
• Karvy is providing four ways to link you Aadhaar to Mutual Funds (serviced by Karvy).
  1. Online Linking through PAN 
     • Enter your PAN and click on Generate OTP. Kindly note that OTP will be sent to your registered Email-Id and/or Mobile number.
     • You may select the mutual fund schemes that you have invested in and also provide your Aadhaar number in the relevant text box and click on ‘submit’ button.
     • Once the linking process is completed, you will get a confirmation message from Karvy and also from UIADI regarding the successful authentication.
  2. If you have not registered your email or phone number, then you have to download the below form and submit it to any Karvy Branches or send to them through courier. Aadhaar linking to Mutual Funds Karvy Form Download.
  3. Through SMS  – Along with the online process of linking, Karvy also started the process of linking Aadhaar to Mutual Funds folios using SMS facility. Send (ADRLNK <PAN> <AADHAAR NUMBER>) to 9212993399 from your registered mobile number. On authentication, the same will be updated across all your folios where Karvy is R&T Agent.
  4. You can also submit the linking request offline through your Mutual Fund Distributor.

How to link Mutual Fund folios with Aadhaar number online through Franklin Templeton India portal?

If you have invested in any of the schemes offered by Franklin India, you can now link your Aadhaar card number to respective MF folios by visiting FT portal.

• Kindly visit FT portal, click on ‘customer service’ menu option and then select ‘update Aadhaar number’ option in the homepage.
• You have to provide your PAN card number and details of the selected additional questions (Date of Birth/Pincode/Last transaction amount). Click on the ‘next’ button.
• In the next screen, you have to provide your bank account number that is linked to your investments. Click on next button.
• In the next screen, you have to provide your Aadhaar number and click on submit button. 
• You will then receive below message on the screen. You will also get message to the registered mobile number and email-ID.

Besides CAMS, Karvy & Franklin we have one more R&T agent namely ;

• Sundaram BNP Pribas Fund Services (SBFS).

Latest News (13-Mar-2018) : The Supreme Court has extended the March 31 deadline for Aadhaar linkages (except for Govt Subsidies & Welfare schemes) till the constitution bench delivers judgement on the matter. 

Continue reading related articles :

• How to get Consolidated Mutual Fund Account statement online?
• How to link Aadhaar to your LIC policies online?
• How to link Aadhaar with PAN number in 3 simple steps?
• How to check your PAN card validity status online?
• How to verify if your Aadhaar number is active or not?