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India Post has partnered with Nippon India Mutual Fund to offer door-to-door KYC verification. The move aims to boost mutual fund access in rural and underserved areas under the Jan Nivesh initiative. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.
80% Invest Now Equity: Large Cap 0.12% Axis Nifty 100 Index Fund +38.59% Invest Now Equity: Large Cap 0.
21% Axis Nifty Next 50 Index Fund +71.83% Invest Now Equity: Large Cap 0.25% Axis Nifty 500 Index Fund -- Invest Now Equity: Flexi Cap 0.
10% Axis Nifty Midcap 50 Index Fund +46.03% Invest Now Equity: Mid Cap 0.28% “India Post's presence in even the remotest corners makes it an ideal partner,” said the Ministry of Communication in a release.
KYC (Know Your Customer) is mandatory to invest in mutual funds. Once updated with one fund house, the KYC status applies across all AMCs. What doorstep KYC brings: Access: Rural residents and those with mobility issues can now complete KYC from home.
Convenience: No travel needed. Verification happens at your doorstep. Inclusion: More people can now enter the mutual fund space.
Efficiency: The process is quicker and avoids the usual delays of offline KYC. How to use the service: Download the KYC form from a KRA or AMC website. Fill in details—name, address, PAN, and contact info.
Attach self-attested documents and submit them to the KRA, R&T agent, or AMC office. India Post will visit your home for in-person verification. It may take up to a week for the KYC update to reflect in your account.
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