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Can an investor have separate folio numbers with the same AMC in different schemes

Can an investor (PAN No) have separate folio nos with a same AMC in different schemes?

Aug 8, 2016 by Deepak, Mumbai  |   Mutual Fund

Yes, an investor can have multiple folios in the same AMC with or without different schemes.

For example –

1. you can invest in multiple schemes through different folios.

2. You can also invest in different schemes in the same folio

3. You can invest the entire amount in one scheme but through different folios as you may like to keep the nominee name or the bank details or the holding pattern different in different folios.

4. Even if the nominee name or the bank details or the holding pattern is same you can still invest through multiple folios by filling up fresh application forms each time you are investing in the same AMC.

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