Fund houses told to freeze non-FATCA a/cs; SIP investments can continue till expiry

Moneycontrol News

Mutual funds industry lobby Association of Mutual Funds in India has asked fund houses to freeze non-FATCA compliant accounts with immediate effect, which means non-FATCA compliant investors cannot execute fresh mutual fund transactions.

Mutual fund investors will not be able to operate their accounts, which were opened between July 1, 2014 and August



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