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Options
- A
It should be updated with the Registrar and Transfer Agent
-
It should be updated with the KYC Registration Agency
Correct answer
- C
It should be updated directly with the Mutual Fund
- D
It can be updated with any of the three options provided
Why this is the answer
Changes in the investor's status, such as becoming a Non-Resident Indian (NRI), must be updated with the KYC Registration Agency (KRA) as part of the Know Your Customer (KYC) process. This ensures that the KYC records are updated for proper regulatory compliance.
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