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Government has made it mandatory for PAN to be quoted in all transactions in securities market. Mutual fund schemes also belong to securities market. For investors without a PAN, should apply to income tax authorities/authorized agencies for issue of PAN. Till the time, income tax authorities issue a PAN, copy of application for PAN and form 61 can be attached with scheme application forms but latest till December 31, 2007.
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investor.sebi.gov.in
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What is the importance of PAN for investors in mutual fund schemes?
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