Eligibility Criteria

To invest in Mutual Funds with Bajaj Finance, you must be one of the following:

  • Indian residents above the age of 18, either individually or jointly (not exceeding 3 people)

  • Non-resident Indians (NRIs) and Persons of Indian Origin (PIOs) residing abroad, on a full repatriation basis

  • Parents or lawful guardians on behalf of minors

  • Hindu Undivided Families (HUFs) in the name of HUF or Karta

  • Companies (including public sector undertakings), corporate bodies, trusts (through trustees) and cooperative societies

  • Banks (including regional rural banks) and financial institutions

  • Religious and charitable trusts (through trustees), and private trusts authorized to invest in Mutual Fund schemes under their trust deeds

  • Foreign institutional investors registered with SEBI on the basis of repatriation

  • Special Purpose Vehicles approved by an appropriate authority (subject to RBI approval)

  • International multilateral agencies approved by the Government of India

  • Army/navy/air force/paramilitary units and other eligible institutions

  • Unincorporated bodies of persons as specified by asset management companies

  • Partnership firms

  • Scientific and industrial research organisations

  • Trustees, AMCs, sponsors, or their associates

  • Other individuals/institutions/corporate bodies, as approved by asset management companies, so long as they conform to SEBI regulations

  • Qualified Foreign Investors (QFIs)

Documents Required

Resident Indian citizens need to submit only their KYC documents along with the application forms to invest in Mutual Funds with Bajaj Finance.

Non-resident Indians need to submit the following supporting documents in addition to PAN as proof of identity and address:

If any of the KYC documents are in a foreign language, they have to be translated into English before submission.

  • Certified true copy of their passport

  • Certified true copies of proofs of overseas address and permanent address

Corportes

  • Balance sheets of the last 2 financial years (to be submitted every year)

  • Latest share holding pattern, including list of all those holding control either directly or indirectly in the company, in terms of SEBI

  • Takeover regulations, duly certified by the company secretary/whole-time director/MD (to be submitted every year)

  • Photograph, POI, POA, PAN and DIN numbers of full-time directors, or two directors in charge of day-to-day operations

  • Photograph, POI, POA, and PAN of individual promoters who hold control, either directly or indirectly

  • Copies of the memorandum, articles of association, and certificate of incorporation

  • Copy of the board resolution for investment in securities market

  • Pre-approved offers

    List of authorised signatories with specimen signatures

Partnership firms:

  • Balance sheets of the last 2 financial years (to be submitted every year)

  • Certificate of registration (for registered partnership firms only)

  • Copy of partnership deed

  • List of authorised signatories with specimen signatures

  • Photograph, POI, POA, and PAN of the partners

Hindu Undivided Families:

  • PAN of the HUF

  • Deed of declaration of HUF/List of coparceners

  • Bank passbook/statement in the name of the HUF

  • Photograph, POI, POA, and PAN of the Karta

Trusts:

  • Balance sheets of the last 2 financial years (to be submitted every year)

  • Certificate of registration (for registered trusts only)

  • Copy of trust deed

  • List of trustees managed by managing trustees/CA

  • Photograph, POI, POA, and PAN of the trustees

Unincorporated associations:

  • Proof of existence or constitution document

  • Resolution of the managing body and Power of Attorney granted to transact business on its behalf

  • List of authorised signatories with specimen signatures

Banks/Institutional investors:

  • Copy of the constitution/registration or annual report/balance sheet for the previous 2 financial years

  • List of authorised signatories with specimen signatures

Foreign Institutional Investors (FIIs):

  • Copy of SEBI registration certificate

  • List of authorised signatories with specimen signatures

Armed forces and government bodies:

  • Self-certification on letterhead

  • List of authorised signatories with specimen signatures

Registered societies:

  • Copy of registration certificate under the Societies Registration Act

  • List of members of the managing committee

  • Committee resolution for persons authorized to act as authorised signatories, with their specimen signatures

  • True copy of society rules and by-laws, certified by the chairman or secretary

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