Why does Kuvera require my signature for setting up Mutual Fund investment account?

1Answer

This is as per the requirement of the fund houses serviced by CAMs.

 

We recently noticed a few order reversals from these fund houses and the specified reason provided is that if you need to ever submit a physical request [in-writing] for redemption or for any changes to your Folio(s) such as address change etc, CAMs would need to have your signature on record with them.

 

We request you to draw a reasonable likeness of your signature using a mouse (left click and drag) or a touch-enabled device.

 

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