Thread by @vaid_varun

To do any kind of modification in KYC records, there is no digital process as on today. Investor or MFD has to do the needful via physical application only. Would request @amfiindia
@MFBALA @SEBI_India to make this process digital in the interest of #investors (1/n) @MFSahiHai

- Propose that Video KYC can be like the Banks are doing while applying for Credit Cards or Loans. Dedicated executives can assist #investors for RIs/ NRIs. IPV would be more real-time.

- Propose that Aadhaar Based KYC Validation be made quicker by virtue of OTP @amfiindia (2/n)

- Propose a dedicated link that can be provided to MFDs to ease the load on KRAs by Aadhaar based OTP Validation in order to save the transaction time.

- Propose that a common pool be created among all KRAs so that data can be fetched on real-time basis. @amfiindia (3/n)

Would request #mutualfund industry intellectuals @NileshShah68
@monikahalan @iRadhikaGupta @mohanty_swarup @srinivasjain @Raghaviyengar68 @MD_SundaramMF @npparikh6
@sundeepsikka @AashishPS @ananthng @krishan_sharmaa (4/n)

Would also request #financial industry journalists & intellectuals @ActusDei @dugalira @_ritusingh @menakadoshi @AnilSinghvi_
@thanawala_hiral @ShereenBhan
@latha_venkatesh @TamalBandyo @tweettokarishma @shailichopra @AyeshaFaridi1 to suggest any other proposal (5/n)

Would request all different MFD associations @fifaindiaorg @IFAGalaxy @Amda4investors @PIFAA2 to suggest any other proposal (6/n)