eKYC (electronic Know Your Customer) is a digital process for completing mutual fund KYC verification using Aadhaar-based OTP authentication — eliminating the need for physical document submission.
eKYC allows investors to complete KYC verification entirely online using Aadhaar-linked mobile OTP. The process: enter PAN and Aadhaar, receive OTP on Aadhaar-linked mobile, authenticate. SEBI registered KYC Registration Agencies (KRAs) — CAMS KRA, Karvy KRA, NDML, CVL — maintain the KYC records. eKYC has a limitation: SIP or lump sum investment in equity funds via eKYC is limited to ₹50,000 per year per AMC without in-person verification (IPV) or video KYC (V-CIP).
eKYC is the digital shortcut to get started with mutual fund investing — no visiting the office, no physical form submission. You can complete KYC in under 5 minutes on your phone using your Aadhaar. The caveat: for investments above ₹50,000/year, you need to upgrade to full KYC via video call (V-CIP) or in-person verification. Platforms like Groww, Zerodha, Kuvera handle this seamlessly.
Submit PAN and Aadhaar number on a KYC-enabled platform.
OTP is sent to Aadhaar-linked mobile number.
After successful authentication, eKYC is recorded with a KRA.
Annual limit: ₹50,000 per AMC for eKYC-only investors.
For higher limits: complete V-CIP (video KYC) or in-person verification.