Mutual Fund error

Hey Pritam! That message is because CAMS (a major Mutual Fund Registrar) has stopped Aadhaar-based eKYC due to a Supreme Court ruling on Aadhaar usage. This means you can no longer complete KYC instantly online using Aadhaar OTP or biometrics through CAMS.

What you can do now:

1. Offline KYC Submission:

   • Download the KYC form from:

     • CAMS KRA website

     • CAMS Online website

     • Or directly from the AMC (SBI Mutual Fund) website.

   • Fill and sign the form.

   • Submit it along with your proof of identity, address, and photograph at the nearest CAMS Service Center or SBI AMC branch.

   • Once verified, your KYC will be processed, and you will be eligible to invest.

2. In-Person Verification (IPV):

   • Some mutual funds might require you to do IPV at the branch or through video calls as per regulatory guidelines.

3. Alternate KYC Modes:

   • Keep an eye on updates from CAMS and SBI MF. They may soon introduce alternative digital KYC methods compliant with the Supreme Court's directives.

Quick summary:

• Aadhaar eKYC via CAMS is discontinued.

• Submit physical KYC form + documents offline.

• Await processing before investing.