FundsIndia.com, an online investment platform for mutual funds and equities, launched a facility for investors to link their Aadhaar number with their MF investment accounts.
"Linking Aadhaar number to MF folios has become mandatory and it could be a big hassle for investors. At FundsIndia, however, we have made it easy with a single-stop linking facility that will take away the pain for our customers," FundsIndia.com COO Srikanth Meenakshi said in a statement.
Folios are numbers designated to individual investor accounts, though one investor can have multiple accounts.
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