KRA Full Form in Share Market

KRA Full Form in Share Market: In the share market, KRA stands for KYC Registration Agency, which plays a key role in maintaining a centralized database of all Know Your Customer (KYC) details for investors within the securities market. Overseen by SEBI (Securities and Exchange Board of India), the KRA ensures that all KYC information is accurate, secure, and accessible to authorized parties, helping to create a more transparent and trustworthy financial environment.

Role of KRA in Trading

Since 2013, complying with KRA norms has been mandatory for those looking to invest in the mutual funds market. The main responsibility of the KRA is to collect, store, and manage the KYC data of investors involved in the demat and trading industry. The KRA serves as a bridge between market participants such as brokers, mutual fund companies, depository participants, and investors. It simplifies the process of sharing KYC information across the market, ensuring compliance and convenience for all parties involved. KRA Full Form in Share Market

How to Apply for a New KRA Form

For investors who are not yet KYC compliant, applying for a new KRA form is necessary. The form can be downloaded online, and it requires the submission of a few additional documents. These include: KRA Full Form in Share Market

• A self-attested copy of your PAN card.
• A self-attested copy of address proof.
• A passport-sized photograph (colored).

Keep in mind, the KRA form cannot be submitted independently. It must be submitted alongside your current mutual fund investments to complete the registration process.

This streamlined process makes it easier for investors to comply with regulatory requirements while ensuring that the financial market remains secure and transparent for all. KRA Full Form in Share Market