Need A Financial Product Forums Trading/Investments How to convert units under regular growth to direct growth

This topic contains 1 reply, has 2 voices, and was last updated by  Manoj Thakur 3 years, 5 months ago.

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    Manoj Thakur

    I applied for SBI Magnum Mid Cap Fund – Direct Growth. I submitted KYC documents at the nearest SBI branch. They have allotted me fund under Regular Growth. Units have been allotted to me at given NAV and my KYC status shows ?not available? for my PAN card. What should I do?


    Complete your KYC documents and wait for acknowledgment of KYC compliance. Since SBI and SBI AMC belongs to same group, that is the reason why they have allocated funds under regular growth. Once you receive acknowledgement of your KYC compliance, you can request AMC to bring a change.

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