How to Link Mutual Funds with Aadhaar Number

How to Link Mutual Funds with Aadhaar Number

As per the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2017, the Central Government has advised investors to link Aadhaar with mutual funds. To conclude the mutual fund Aadhaar linking process, Asset Management or mutual fund companies are required to collect the Aadhaar card numbers of their clientele and perform verification to link the mutual funds with the respective Aadhaar Card number. 

Investors must send an e-mail to their respective Asset Management Company (AMC) from their registered mail ID. The mail should entail the Aadhaar and PAN numbers along with the permission to link their mutual fund account with Aadhaar. 

Methods to Link Aadhaar with Mutual Funds

The investor can link their Aadhaar Card with mutual funds through the following methods: 

  • Online 
  • Offline 
  • SMS 
  • E-mail 

Link Aadhaar with Mutual Funds Via Mutual Fund Registrars 

The process of Aadhaar Linking with Mutual funds can be facilitated online through websites such as CAMS and KARVY. The investor is required to perform the below-mentioned steps.

Link Aadhaar to Mutual Funds Online through CAMS

STEP 1: Investors must visit the Aadhaar Linking Portal of CAMS. 

STEP 2: Select the ‘Investor Services’ tab from the dashboard and click on ‘Link your Aadhaar’. 

STEP 3: Select the category of investor from the options provided that are –

  • Non-Individual 
  • HUF 
  • Individual

STEP 4: Users must enter their PAN card number and select the ‘Submit’ tab. 

STEP 5: Users must then mention the details such as their Aadhaar Number, mobile number, date of birth, and gender. After accurately mention of the details, select the ‘Generate OTP’ option. 

STEP 6: Mention the OTP received in the ‘Enter OTP’ field and click on the ‘Submit’ option. 

After the linking request is submitted, the Aadhaar Card will be linked to the respective mutual fund account of the investor post verification. 

Link Aadhaar to Mutual Fund Online Through KARVY 

STEP 1: Visit the official website of KARVY to commence the process of linking Aadhaar with a Mutual Fund. 

STEP 2: The user must select the applicable option from the two featured on the website.


  • Non-Individual – ‘Click to Link Aadhaar’ 
  • Individual  – ‘Click to Link Aadhaar’ 

STEP 3: The individuals must mention their PAN number, after which they will receive an OTP on their registered mobile number. 

STEP 4: After successfully mentioning their OTP, users must select the mutual fund with which they want to link their Aadhaar. 

STEP 5: The user must mention the OTP received; after successfully entering the OTP, one can successfully link their Aadhaar Card with mutual funds. 

How to Link Mutual Funds and Aadhaar with Franklin Templeton Portal

Investors with Franklin Templeton can link their Aadhaar through the portal established by this financial institution. It is to be noted that the investors who have invested in the schemes of this Asset Management Company cannot conclude this process from any other source. One must perform the below-mentioned steps to link Aadhaar with the FT portal successfully. 

STEP 1: Visit the official portal of Franklin Templeton India.

STEP 2: Select the ‘Customer Service’ option. 

STEP 3: Click on the “Update Aadhaar Number” option under the Instant service tab. 

STEP 4: The user will be redirected to a fresh page, where they must provide their PAN card details against the required field. 

STEP 5: Select the most preferable option from the options provided. Which includes Date of Birth/ PIN Code,/ Last Transaction Amount. 

STEP 6: Select the ‘Next’ button after successfully mentioning the details. 

STEP 7: The user will be redirected to a new page where they must mention the bank account number through which they’re investing in the fund. 

STEP 8: Click on the ‘next’ button. 

STEP 9: On the required field, mention the 12-digit identification number and click submit. 

STEP 10: The concerned individual will receive a confirmation message on their registered mobile number and personal e-mail address regarding the Adhaar Seeding. 

Link Aadhaar with Mutual Funds Through SMS

Investors can link their mutual fund with their Aadhaar Card via SMS. One has to frame the text message in the following syntax –


The message mentioned above should be sent to the following number: +91 9212993399. 

‘Y’ represents the consent the sender is granting KARVY to facilitate the Aadhaar link process with mutual funds, 

Link Aadhaar with Mutual Funds Via Email

The investor with the mutual fund can also conclude the process via e-mail through the AMC in which they parked their investment. The investor must draft an application where they are required to mention details such as their Aadhaar Card and PAN number. The AMC will initiate a verification process, after which one can link their Aadhaar card with their mutual fund account. 

Steps to Link Aadhaar with Mutual Funds through Offline

The investor is required to perform the following steps to link Aadhaar Card with Mutual Fund from an offline avenue. 

STEP 1: The investor must mention their details from the Aadhaar Linking form. 

STEP 2: After accurately filing the Aadhaar Link form, the investor is required to attach self-attested copies. 

STEP 3: After successfully attesting the copies, the investor must submit the form to the nearest service office of their fund manager. 

STEP 4: The investor would receive a confirmation message intimating the investor of the successful seeding of Aadhaar with their mutual fund account. 

Who should Link Aadhaar with Mutual Funds?

The following individuals are required to Link their Aadhaar with a mutual fund.

  • Mutual fund account holders –

–  First Holder 

–  Joint Holders 

–  Guardians in case the account is in the name of a Minor

–  Power of Attorney Holders 

–  Donors  

  • The NRIs are not required to complete the Aadhaar seeding process. 
  • Mutual fund account holders from Jammu and Kashmir, Meghalaya and Assam, are not required to perform the Aadhaar Linking process. 
  • Signatories of entities such as firms, companies etc., are required to provide their Aadhaar details. 
  • The Karta is required to provide their Aadhaar details in case the investment is made by a Hindu Undivided Family (HUF). 

Aadhaar with Mutual Funds: Why Should You Link

The Aadhaar link process safeguards the mutual fund to ensure that no unaccounted money is injected into the corpus. The Aadhaar link process provides an extra layer of protection so that the financial institutions have a clear picture of the investors’ identity. It has been argued that such formalities are making the investment process cumbersome. Still, the institutions have established various online and offline channels to link their Aadhaar with Mutual Funds. The Aadhaar link process with

Frequently Asked Questions (FAQs)

Do I need to link my Aadhar with all the funds separately?

No, the investor is not required to perform this process separately. They just have to update the agents with whom they maintain funds. 

Is there any deadline to link Aadhaar with Mutual Funds?

The investor does not have to adhere to any deadlines. But it is advisable to perform the Adhaar Link process for better transparency.

Is it mandatory to link Aadhaar with mutual fund investments?

Asset Management companies must collect the Aadhaar details, verify them from the UIDAI records, and link them with mutual funds under the Prevention of Money Laundering Second Amendment Rules, 2017. 

Urban Money