Know Your Distributor
Also written KYD · Know Your Distributor (KYD)
AMFI's verification process for ARN holders: self-attested PAN and address proof submitted with originals at a CAMS-PoS, plus a biometric impression of the index finger of the right hand, for both new registration and…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
- Execution only platformA SEBI-recognised digital platform that carries out subscription, redemption and switch transactions in direct plans of mutual fund schemes only — registered with AMFI (Category 1) or as a stock broker (Category 2).
- Mis-sellingSelling securities or securities services by knowingly making a false statement, hiding material facts or risk, or not taking reasonable care that the product suits the buyer — an unfair trade practice.
Where this is taught
Free preparation for NISM Series V-B← All terms