These norms will initially be only applicable to all non-individual investors, non-resident Indian (NRIs), and channel investors. This category includes corporate, partnership firms, trusts, Hindu Undivided Family (HUF), NRIs and investors coming through channel distributors. Channel distributors are those who facilitate buying and selling of mutual fund units via online channels. Yes! an individual if you are investing in offline mode through a distributor you dont need KYC for investments below 50000
