Complete Steps To Link Aadhar Card With Mutual Funds And Demat Account?

Aadhar has become a necessity in our life. In every step of life, you need this number to avail of various services. The business of mutual funds is on rising in India. In a mutual fund, investors pool their money and invest in different types of securities such as stocks, money markets, and other types of financial assets. The gain earned is distributed among the participants subject to the agreed proportion of gains or losses. In order to smooth line the operating procedures of mutual funds, Central Government has advised the residents of India to link their Aadhar number with mutual funds, if they invested in mutual funds.  According to Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2017, mutual fund companies must collect Aadhar numbers from mutual fund investors. They should verify the details of their investors so that the link process can be completed for the benefit of them.

On the other hand, a Demat account is an online account whereby the account holder keeps the financial securities or assets in electronic form. This helps in avoiding the traditional method of holding paper-based share certificates. In India, there are two organizations that administer the Demat account. One is Central Depository Services & the other is National Security Depository Limited.

Link Mutual fund with Aadhar Online

  1. Visit the official web portal of CAMS available at
  2. On the webpage, you will find the ‘Investor Services’ section. Inside this, you will find the option for Aadhar linking or mapping.
  3. Now you have to select the option to link Aadhar to a mutual fund.
  4. Enter your Aadhar number. Now you have to click send OTP to your registered mobile number.
  5. When you enter the OTP on the screen, the Aadhar number verification gets completed.
  6. Now all your mutual fund portfolios in the CAMS database will be linked to your Aadhar number.

How to Link Aadhar Card with Demat account

The procedure is very easy and straight forward. Just follow the process described below:

Step 1: Open NSDL’s website. Choose the link of  Aadhaar Number to Demat Account.” This process is also called the seeding process.

Step 2: Now enter the name and ID of the Depository Participant, along with the Permanent Account Number) PAN information. Enter the verification code. Now, click ‘Proceed.’

Step 3: You will receive an OTP (One Time Password) on your registered phone number.  Also, an email will also be delivered.

Step 4: Once entering the OTP, the complete information of the online Demat Account will be displayed. Now it is your duty to double-check details for discrepancies. Once scrutiny finishes, choose to ‘Proceed.’

Step 5: Now, it is time to input details such as the 12-digit Aadhaar number and DoB. Now again choose the option to ‘Proceed.’

Step 6: Within few minutes, you will get an OTP on registered mobile linked with your Aadhaar.

Step 7: Just enter this OTP, and click the submit button

Step 8: Your Aadhar number is now mapped/ linked to your Demat Account. You should receive an email & SMS confirming the success of the linking process.