IndiansinKuwait.com


Mutual Fund - CRS Email

posted by Query on Monday, May 6, 2024

Friends,
I am in receipt of the below email from Kotak, Parag Parikh & HSBC mutual funds. I been investing for the last 10 years and this is first time I got such email.
Is it common?
Any body else got such email?
Is there anything which I need to do?
Please advise.

Dear Investor,

Greetings from PPFAS Mutual Fund!

Sub: CRS (Common Reporting Standards) Declaration – Confirmation as reportable accounts.

Ref: PAN

Thank you for your investment(s) in PPFAS MF.

During scrutiny of your folios in our Fund, based on the information available with us about your country of tax residency declaration and valid Tax-payer Identification Number (TIN), we are reporting your account(s) to the concerned statutory authority as mandated to us.

In case of any other updates in the coming days or in future, you can submit the suitable declaration using the link https://www.camsonline.com/Investors/Service-requests/FATCA&CRS. Alternately, you can submit the duly signed FATCA/CRS declaration form to the nearest MF/CAMS branch mentioning your PAN, Country of Tax Residency, and valid TIN details.

For assistance, please call us on our Toll Free

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