Mutual Fund
As you are aware Income Tax authority has made it mandatory to link PAN with Aadhar without which Pan will be treated as InvalidIf PAN is not linked with the Aadhaar for all the holders in a Folio, the following process will be applicable:· New Inflows/new SIP/STP/SWP DTP registrations, Additional Purchases, Switches will be restricted.· Existing SIPs/STPs/SWPs will be ceased.· Restrict investor-initiated Redemptions.· Deduct higher TDS for Dividends.· Allow Dividend processing, Maturity processing and other non-investor-initiated transactions, but payout will be withheld.· Process NFTs on PAN updation /correction only after due validations.This is applicable for all modes of transaction sources including Online, Digital, Channel, Exchange modes.The process to link PAN-Aadhar is as below;Click on link Aadhaar (incometaxindiaefiling.gov.in). OTP[One-Time Password] will be received on mobile which needs to be verified for linking the PAN with Aadhaar.If internet access is not available, please link your PAN with Aadhaar, by sending SMS to 567678 or 56161 from registered mobile number in the following format:UIDPAN<SPACE><12-digit Aadhaar><SPACE><10-digit PAN>Example UIDPAN 123456789012 ABCDE1234FPlease note that if the name or date of birth or gender in PAN database does not match with the Aadhaar data, they will not be linked. In such a case, the information can updated in Aadhaar database, by clicking the link https://ssup.uidai.gov.in/ssup/. After getting confirmation from UIDAI/Aadhaar authorities, PAN can be linked with Aadhaar as per the process defined above.To confirm whether your PAN-Aadhaar are linked, please click Link Aadhaar Status (incometaxindiaefiling.gov.in).























