Link Aadhaar Card to Mutual Funds

Link Aadhaar Card to Mutual Funds

The Central Government of India has suggested that citizens should link their Aadhaar to Mutual Funds. According to the Prevention of Money Laundering (Maintenance of Records), Second Amendment Rules, 2017, all the Asset Management and Mutual Fund Companies will have to gather all the required information for linking of Aadhaar with mutual funds including their Aadhaar Number and their personal details.

Linking of Aadhaar Card to Mutual Funds is a relatively easy process and there are actually four methods by which you can link your Aadhaar to Mutual Funds.

Linking Aadhaar to Mutual Funds Online

To link Aadhaar to Mutual Funds through the website of CAMS(Computer Age Management Services), follow these steps:

  1. Visit the Aadhaar Linking Portal of CAMS.
  2. Select the option as per your type of investor –  individual, HUF or non-individuals.
  3. Enter your PAN in the designated field and click on Submit.
  4. Enter all the required information including your Aadhaar Number, PAN, Name, DOB, and Mobile Number registered with Mutual Funds Account.
  5. You will receive an OTP(One-Time Password) on the registered mobile number.
  6. Enter the OTP, check the disclaimer box and click on Submit.
  7.  Your request for linking of Aadhaar and Mutual Funds will be submitted and after proper verification, your Aadhaar will be linked to Mutual Funds.

Linking Aadhaar to Mutual Funds through SMS

  1. Compose an SMS in the following format: ADRLNK<space>Your PAN<space>Your Aadhaar<space>Y. For instance, ADRLNK 1234567890 123456789012 Y.
  2. Send the SMS to +91 9212993399
  3. On successful Aadhaar Linking, you will get a confirmatory SMS.

(Note: The number which you will be using to send the SMS must be linked with your Mutual Fund, otherwise, your Aadhaar won’t be linked)

Linking Aadhaar to Mutual Funds through Email

  1. Send an email to your Asset Management Company (AMC) mentioning about the linking of Aadhaar to Mutual Funds.
  2. In the email, include the details of your Aadhaar and PAN.
  3. If the details are correct then the respective AMC will link the Mutual Funds Account with Aadhaar.

(Note: The email address which you will be using to send the mail must be linked with your Mutual Fund, otherwise, your Aadhaar won’t be linked)

Linking Aadhaar to Mutual Funds Offline

If your Mobile Number or Email ID are not linked with your Mutual Funds Account then you can try this method to link Aadhaar to Mutual Funds.

  1. Download the Aadhaar Linking form and print it.
  2. Fill the Aadhaar linking form with all the required information including Aadhaar and Mutual Funds details.
  3. After filling the form, submit it to the nearest service center of your funds’ manager.
  4. On successful Aadhaar Linking, you will get a confirmatory SMS.