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AMFI's Mutual Funds Sahi Hai shares a list of dos and don'ts for investors to avoid online frauds

in5points
  1. AMFI's Mutual Funds Sahi Hai initiative urges investors to stay vigilant against online frauds.

  2. Investors should never share OTPs, passwords, or investment details with unauthorised distributors.

  3. Key dos: update KYC records, register a nominee, use folio locking, and check account statements.

  4. Key don'ts: avoid sharing OTPs, investing via unregistered distributors, and signing blank documents.

  5. Investors must contact their AMC immediately upon receiving alerts for unauthorised transactions.