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Question #97Financial Education
Financial Education
Question #97

I am a mutual fund investor in your platform. Do I have to register again and send my documents across to open an equity account?

As per norms set by the Securities and Exchange Board of India (SEBI), we require more information from a mutual fund investor to open an equity trading account. Opening an equities account involves opening a demat account specifically. This account requires the following documents: - A self-attested copy of your address proof - A self-attested copy of your ID proof - A cancelled cheque leaf with your name pre-printed on it (If your name isn’t pre-printed on your cheque leaf, please keep a copy of your bank statement [from one of last three months] / A self-attested copy of your bank passbook with some recent transaction entries) - A self-attested copy of your PAN card We require these documents from you only to complete your demat account registration. We will only ask you to give us those details which we do not already have.
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