KYC Norms for Smallcases

Smallcases are collections of equity stocks and Exchange Traded Funds (ETFs) in baskets. Each basket consists of stocks carefully picked by investment advisory experts aligning with a specific market theme, investment strategy, or trending idea. The primary goal of smallcases is to inculcate the habit of portfolio investing in individual investors.

Know Your Customers (KYC) Documents for Smallcases

KYC for smallcases is quite easy with minimal documentation. Investors holding Demat and trading accounts with the supported brokers can directly login using their existing account. Smallcase managers, like Teji Mandi, require only the Permanent Account Number (PAN), the registered mobile number, and the date of birth for the billing and the KYC confirmation processes.

Investors opening Demat and trading accounts with the supported brokers would need to furnish one document for each type from the following list*.

Identity (ID) Proof:

  • Aadhaar card issued by the Unique Identification Authority of India (UIDAI)
  • PAN card (mandatory)
  • Voter ID
  • Valid passport
  • Valid driver’s license
  • Photo ID cards issued by the departments of the Central and State Governments, or any regulatory body
  • Photo ID cards issued by scheduled commercial banks, Public Sector Undertakings (PSUs), or any public financial institution
  • Photo ID cards issued by professional institutions, like the Institute of Chartered Accountants of India (ICAI), the Bar Council of India, the Institute of Company Secretaries of India (ICSI), etc.

Address Proof:

  • Aadhaar card issued by the UIDAI
  • Voter ID
  • Valid passport
  • Valid driver’s license
  • Utility bills (telephone, electricity, and Piped Natural Gas bills) not older than 3 months
  • Bank passbook or account statement not older than 3 months
  • Registered sale/lease agreement of residence
  • Maintenance bill issued by registered co-operative housing societies
  • Copy of insurance policy
  • Photo ID cards with address, issued by the departments of the Central and State Governments, or any regulatory body
  • Photo ID cards with address, issued by scheduled commercial banks, PSUs, or any public financial institution
  • Photo ID cards with address, issued by professional institutions, like the ICAI, the Bar Council of India, the ICSI, etc.

* The lists of acceptable documents are indicative and may vary as per the KYC/Anti Money Laundering (AML) regulations in force. Additional documents, forms, verification procedures, and the final decision on account opening are at the discretion of the concerned broking company.

Getting started with the investment in smallcases takes only a few minutes through the Teji Mandi mobile application. Check out the smallcase portfolios curated by Teji Mandi’s experts at

https://tejimandi.smallcase.com/smallcase/TJPMO_0001

https://tejimandi.smallcase.com/smallcase/TJPMO_0003