Extension of Timeline for NRI Clients with 'Registered' KYC Status to Invest in New AMCs

Dear NJ Wealth Partners,

We wish to inform you that SEBI has extended the timeline for NRI clients whose KYC status is marked as ‘Registered’ to invest in new AMCs if the clients are investing in non-demat mode.

Earlier, such investments were permitted only till April 30, 2025. However, this timeline has now been extended by SEBI till 30th April 2026.

This extension allows additional time for NRI clients to complete their KYC validation process while continuing to invest across different AMCs.

We request you to take note of this update and inform your clients accordingly. In case your clients are yet to get their KYC status validated, we recommend initiating the necessary steps at the earliest to ensure uninterrupted investments.

Warm Regards,

NJ Wealth

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