How to add a POA to an existing NRI Mutual Fund account?

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An NRI investor can add a POA in his existing mutual fund folio by writing a separate letter. In the letter, he can mention the details of the person authorized as POA and request to add him in the scheme. Necessary documents like Copy of the PAN card and KYC copy of the PoA holder along with the notarized PoA also need to be submitted along with the letter.

Once the PoA registration is completed, the POA starts transacting on behalf of the investor.

Topic: NRI Mutual Fund Investment Online in India Article

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