Whether I need to submit FATCA AMC wise

I am a subscriber of your esteemed organisation and I receive your mails regularly. I would request you to please let me know whether the investor is required to submit fotca compliance form account statement wise or AMC wise. Secondly, whether this is applicable for fresh investment or investment made earlier?

Apr 27, 2017 by Kailash Mohanty, Bhubaneswar | Mutual Fund

FATCA is applicable for old as well new investments and it is a one-time process which all investors must comply with within 30th April 2017.

You need not submit FATCA for each and every AMC, instead you can submit at one place, i.e. with registrars of Mutual Funds – CAMS and/or KARVY.

If your Country Of Birth, Nationality, Citizenship and Tax Residency is only India and also if your mobile number is registered in your investments and KYC then you can send a SMS confirmation from your registered mobile number to 9250402267 by typing “YES xxxxxxxxx” (Here, xxxxxxx is your PAN number)

Alternatively you can follow this link and submit online https://www.camsonline.com/FATCA/COL_FATCAOnlineIndividualForm.aspx?amc=All

Hope the above helps! Thanks for writing to Advisorkhoj!

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